Negotiating the price of something can be tricky but knowing the right phrases can make it easier. In this lesson, we will look at useful expressions for negotiating a price in English. These phrases can help you in many situations such as buying a product or negotiating services. Let’s learn how to ask for a better price and how to agree on a deal!
Key Phrases for Negotiating a Price
1. I am on a tight budget so I am looking for your best price.
- This phrase means you don’t have much money to spend and want to get the best possible deal.
2. I don’t have a lot of wriggle room.
- This means you cannot increase your budget too much and need to stick to your limit.
3. What’s the best price?
- Use this phrase to ask for the lowest price available.
4. What’s your best price?
- Another way to ask for the best price from the seller.
5. How far can you come down in price to meet me?
- This phrase is asking how much the seller is willing to reduce the price to match your budget.
6. Let me run the numbers and get back to you.
- This means you need time to calculate if you can afford the price or if you can offer a lower price.
7. What will your cash price be?
- This question asks if you can get a better price if you pay in cash.
8. How much will you reduce the asking price if I pay cash?
- A more specific way to ask for a discount if you pay in cash.
9. What’s your final offer?
- Use this phrase to ask the seller if the price they gave is the best or final price.
Read: How to Talk in Shops – Shopping Vocabulary & Dialogues
10. Let’s meet in the middle.
- This means to agree on a price that is halfway between the seller’s offer and your budget.
11. A man of your word.
- This phrase means that you trust the seller to keep their promise and give you the agreed-upon price.
12. Ok, let’s shake on it.
- This is a way to seal the deal with a handshake after agreeing on the price.
Negotiating a Price Practice Conversation:
Customer: I am on a tight budget so I am looking for your best price.
Seller: I can reduce the price a little. What’s your budget?
Customer: How far can you come down in price to meet me?
Seller: I can bring it down by 20 dollars.
Customer: Let me run the numbers and get back to you.
Seller: Of course, take your time.
Customer: Ok, I’m ready to agree. What will your cash price be?
Seller: The cash price is 100 dollars.
Customer: How much will you reduce the asking price if I pay cash?
Seller: I can reduce it by 10 dollars if you pay cash.
Customer: Great, let’s meet in the middle. 105 dollars?
Seller: Sounds good to me. A man of your word!
Customer: Ok, let’s shake on it. [Negotiate Price]
These are just a few phrases you can use to negotiate prices in English. Remember to be polite and respectful when negotiating. Practice using these phrases in different situations to get better at negotiating in English!
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