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
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.

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Cheers,
Spencer
Some good advice here.  Tomorrow I'm going to look at a pair of Linn AV5140s' at a non-Linn dealer that received them on a trade-in.  They're asking $1400.00 and their ad says the original MSRP was $7000.00!  Methinks that price is a tad inflated.  The actual price is closer to $2500.00. 

In May two pair on ebay sold for $850.00 and $860.00 so I plan on offering them $900.00.  I'm sure they'll consider that a lowball.  Depending on the condition I may bump the offer up to $1000.00. If that offends them too I'll say thank you and G'day and head for the door.  I'm betting I'll leave the store with those speakers.  
Jim-

buying any gear new/used, always know what the product is worth.
Or if retail, know the MSRP. This will guide you to an excellent experience.