Negotiating when buying demo and used speakers from a dealer


Hi,

I'm buying a new set of speakers. I'm getting close to making a decision and now I'm thinking about price flexibility on the vendor's part.

For example, today I saw a pair of Monitor GX200s that I quite liked. They're not the current model, one back, going for CDN $2399 (about USD$1850). Dealer said they were trade-ins. They looked immaculate. Haven't listened to them yet.

Here in Ontario I would pay an additional 13% in sales tax.

The vendor isn't an authorized dealer for these particular speakers. They sell a variety of quality equipment that range in price from around $1,000 to who-knows-how-much. They actually do a pretty good job of moving stuff. I go in from time to time and can see their inventory turnover. (Hard to miss a missing pair Acapellas). I live a little north of Toronto and there are easily at least 6 other high-end shops within easy driving distance.

If I do buy these speakers, should I just pay the asking price? If not, are there negotiating strategies that people can offer up?

By way of comparison, I can purchase a pair of Omen Defs, circa 7 years old, for $1450. (Have to drive 2 hours each way). No tax because it is a private sale. He's already come down from his asking price of $1750.

~Jim

128x128jimspov
If he is not an authorized dealer and is selling an older used model for $2399 you would be better off getting a new pair for about $600 more from an authorized dealer. It seems he is asking way too much for them!
http://www.audioadvisor.com/prodinfo.asp?number=MRGS200
Of course negotiate. Last year I bought a pair of demo speakers from an authorized dealer at a substantial discount off of list price. Literally, over $8000 under list price. Make an offer and the worst the seller can say is no-
Back when I was in the audio business most speakers had about 50%  profit margin in their list price, when new.  Like that new automobile, as soon as the speaker leaves the dealer, it depreciates a lot (why would one pay close to new price, and not get a manufacturer's warranty?)  If these speakers were previously-owned and a current model, I'd say getting close to 50% off list would be a good starting point, especially if the speaker line is not carried by that dealership.
As a ex hifi store owner the speaker is nought ftom 45% to 60%
Depending if distributor around 60% . On average 50% if they buy at least 5 pair ..
How long they have had them, is this speaker outdated or current model.
Also Summer is the best time for a consumer for things normally are much slower. Vacations and kids out of school. 20% 'is a pretty dairy deal 
If bought in North america. If overseas like in thd U.K  that has to be considered 
18% tax  for example.  I hope this helps.  Ask questions and look fof ant scuffs 
If grill cloth take off and look at drivers  I have bought new floor demo
As a consumer for 40% off  and split shippjng  on a big floor stander.25% 
For a floor demo.
I agree with the others- I would try to negotiate, tactfully. Especially in the case of a trade in or private seller. 

I think many sellers will allow for some negotiating room, expecting a little back and forth. However, some don't and get all wound up if you ask. As long as you're courteous and willing to walk away you will likely find a good deal. 

I teach negotiating as a consultant, had a class last week in fact. Google 'best negotiating tips' as a guide.

Good luck.