Large companies and corporations have a habit of charging unnecessary fees in your bill. Larger fees are typically never without reason. Some smaller fees are completely unnecessary and most customers never even think twice about them.
These fees are virtually free money or pure profit for the companies. Whether large or small, you should always try to bargain your way out of them.
The best part is that you can, all thanks to the competitive buyer’s market we live in. These businesses are highly competitive, and this gives you the advantage to negotiate a better deal for yourself.
When it comes to big corporations, unnecessary fees are one of the only things you can bargain for. Let’s discuss some unnecessary fees, and how to bargain your way out of them so you can save money on some typical purchases.
Unnecessary Fees And How To Bargain Your Way Out Of Them
There are quite a few goods and services where you can bargain your way out of unnecessary fees, including:
- Phone services
- Insurance
- Car dealerships
- Many more
The easy bit is that the way to negotiate or bargain your way out of unnecessary fees for all these goods and services is the same. These are a couple of methods of how to achieve this goal.
Make Your Intentions Clear
The first thing you want to do is make it clear that you are in the market for a better deal, and you will shop around for the best price. This will immediately put the seller or company in the right, competitive mindset to secure your business and cut through a lot of wasted time.
For example, if you are looking at a new phone service contract and see some unnecessary fees, ask if they can be waived. Don’t be afraid to mention that you will look at other services if this is not possible.
Most likely, much of the fees will get waived immediately. Long-term contracts like phone services, insurance, or car financing will typically have unnecessary fees worth negotiating your way out of. If there is some competition in your region, you will find that companies are more willing to waive fees.
Explore Options
If a company is not willing to waive unnecessary fees, do not be afraid to try another company. Moreover, if you are contacting these companies on the phone, you won’t always find a bargain with the first person you speak to.
Often, you may have to try another day with another representative or get in touch with a superior representative who has the power to waive fees. Either way, your intentions should be clear, and they should know that you are looking at the competition because of pricing concerns.
This method for bargaining your way out of unnecessary fees works well for most people, especially if they live in a highly competitive region. Lastly, you can always leverage your loyalty if you are an old customer of the company.
If your payments have been regular, you may get unnecessary fees waived because the company doesn’t want you to leave them for the competition. Just remember to be polite, clear, and concise in your approach, and you will likely get the best possible price.