Zero Percent finance - discount for cash question

paparossco

Hi all

I'm looking to purchase a new sofa suite that is marked in a sale;

3 seater £1899 down to £1299
2 seater £1699 down to £1199
Armchair £1299 down to £899

I'm not a great one for bartering so can I ask how much should I be looking to get off the current ticket price in these times? Secondly when I enquired about a discount for cash they told me that as they are offering Zero Percent finance they can't offer a discount for cash as it would be 'discriminatory' against those taking out zero finance. Has anyone heard of this before? I've had the same story in a couple of stores.

Clive_Woody

paparossco wrote: »

Secondly when I enquired about a discount for cash they told me that as they are offering Zero Percent finance they can't offer a discount for cash as it would be 'discriminatory' against those taking out zero finance. Has anyone heard of this before? I've had the same story in a couple of stores.

Utter nonsense, discrimination has nothing to do with this, everybody should fight for the best price they can get.

I got my car on 3 years 0% finance and still managed to get a decent chunk knocked off the already 'discounted' price and took advantage of the finance deal.

Offer them £2000 for the three items, tell them how keen you are but it has got to be at the right price. Tell them you have another store to visit that afternoon so if they don't sort a deal out there and then, then you won't be coming back.

Don't be shy about haggling, they have already lied to you with the nonsense about discrimination, this is your money you are saving here. Forget anything they tell you about them already being sale prices, you are cash buyer, use that to your advantage.

chalkie99

They won't want to sell for cash. They want you to take the "interest free" credit in the hope that you will forget/not be able to pay the bill before the due date.

They make more money out of that than they do with the actual product.

jjww_2

They probably get commission from whichever financial institution is providing the credit.

Definitely give it a try at £2000 for the three items, shy bairns get nowt. What size business are you planning on buying from is it a nationalretailer or local business?

paparossco

jjww wrote: »

What size business are you planning on buying from is it a nationalretailer or local business?

Well known in the Central Belt of Scotland, don't know about further away..

http://www.sterlingfurniture.co.uk/customer-services/about-us/page/about/

Apples2

Clive_Woody wrote: »

Offer them £2000 for the three items,

I'm all for a bargain but to offer £2,000 for goods on a Sale (ha!) price of £3,397 seems a bit optimistic.

Still, why not start low?

paddyrg

There will be some days of the month when an offer will be better received than others - when the figures have to go up to head office and bonuses depend on getting another £2000 of sales. Mind you, they probably also have to hit a %age of finance sales too, so it's not a foolproof method!