A bicycle's price typically experiences a decrease.
Spring Into Action: Haggling Boosts Your Bike Budget: Negotiating Prices Can Make A Difference In Your Cycling Journey
No need to break the bank when buying a new bike! With a knack for negotiation, you can slash those prices and save some cash. That's precisely what the ADAC discovered during their secret shopping spree at 100 dealers across Germany.
For those who squirm at the thought of haggling, it's time to embrace this money-saving technique. The ADAC's undercover tests revealed that it's worth asking, as a significant discount can be yours with minimal effort.
Their mission? To uncover discounts on two bike variations: a top-tier e-mountain bike and a city bike. The results, you ask? A whopping 88% of retailers offered some kind of price break - whether on the sticker price or through additional perks.
Here's the lowdown:
- Pre-negotiated Prices: A whopping 43% of stores were already offering discounts compared to the Suggested Retail Price (SRP) right on the tag.
- First Bid: An impressive 63% of retailers were persuaded to lower the price during the first round of negotiations.
- Final Bid: Even more retailers (46%) agreed to drop the price further during the second and final negotiation.
The average discount on e-mountain bikes was a tasty 13%, while city bikes saw a 15% reduction. It's important to note that the discounts weren't only price slashes but also included freebies like locks and free servicing.
A city vs. countryside price comparison revealed that every second bike in the city had a lower price tag than the SRP, while that figure dropped to one in three in the countryside.
Tips for Cyber Cyclists: When shopping online, keep these tips in mind:
- Market Research: Understand the bike's market worth by checking sites like BikeExchange or local bike shops.
- Price Comparison: Visit multiple retailers, comparing prices for the best deal.
- Negotiate: Come prepared with a reasonable offer based on your research. Sellers may be willing to make concessions, especially for older models or bundled accessories.
- Discounts: Stay alert for seasonal discounts or promotions to maximize your savings.
- Used or Last Year's Models: These might offer hefty discounts compared to the latest models.
Happy negotiating, cycling enthusiasts!
Source: ntv.de, awi/dpa
- Bikes
- Negotiation
- Consumer
- Online shopping
- Prices
- Cycling
- ADAC
- When scouring online stores for a bike, remember that negotiation can help lower costs even more - just as the ADAC discovered in their study on employment of negotiation skills in home-and-garden, deals-and-discounts, shopping, and community policy.
- For those seeking a deal on a lifestyle product such as a bike, it's important to research market prices, compare retailers, and be prepared to negotiate, employing the same tactics successful in employment policy, as demonstrated by the ADAC.
