Here's a secret you may not know:
Jewelers love to wheel and deal on Jewelry. Really? Yep! They do! It's the thrill of the sale. It's in their blood. That's why they're always trying to lure you in with incredible
50% off Sales and Awesome Jewelry Contests.
They love to bargain!But let me point out that not all Jewelers deal. Most mall stores and large corporate Jewelers can't touch their prices. Their Corporate Headquarters usually set the prices and that's all the stores are authorized to sell them for. These types of stores are very hard to wheel and deal with.
So where can you go to get the lowest prices on Jewelry? What Jewelry Stores will wheel and deal with you on price? Independent Jewelers! Independent Jewelers are usually in the unique position to barter on price. Independent Jewelers and Mom and Pop stores buy the Diamonds and Jewelry themselves. They know what they paid for it. They know what they can afford to sell it for. You can actually make a deal with the boss!
Independent Jewelers are normally more hungry for a sale. They need to turn their inventory over quickly just to keep the bills paid and vendors happy. This is good for the customer, because Jewelers will do what it takes to close a sale. They don't want anyone to walk. If you're truly interested in a piece of Jewelry, then they'll find a way to make it happen. Whether it's knocking another 5 or 10% off the price, or throwing in the tax. Some will throw in labor costs involved with the sizing and setting fees. Some will throw in guarantees and Jewelry Service Plans. They will sweeten the pot and make the deal.
I've seen Jewelers sell things at cost and below cost before. I know it's crazy, but if it's a Diamond Ring that's been in the showcase for years, believe me, they're going to want to dump it for whatever they can get for it.
So what can you do to guarantee the lowest prices on the market? Put your money where your mouth is... PAY CASH! Really! Bring green backs! Money talks! Tell them you'll pay them cash right here, right now, (so they won't have to finance it or pay credit card fees) and offer them a grand less than what they offered you. Most Jewelers will hesitate, but take the deal. They may want to barter back and forth a bit, but if you pull out cash and start counting, there's a good chance the Jeweler will cave and say "YES!" Just be warned, that if you put the deal on the line, and the Jeweler accepts it, you better be prepared to purchase it. There's no turning back now.
Just make sure you offer a fair price for the Jewelry. Don't try to screw the Jeweler, because they'll just laugh you out the door. Make it reasonable and the temptation will be too much. So if you want to save money, bring cash! You'll always end up getting the lowest prices on Jewelry, and that's the best deal ever!
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