Having priced up a fairly expensive kitchen (£5K) at MFI ( excluding appliances which I will source elsewhere) I wondered if anyone has any idea whether MFI are willing to negotiate a discount (not the "70%" off so called special offers & sale prices) but basically a reduction "for cash".
I can always ask of course, but wondered if anyone has successfully done so with MFI?
Cheers.
Having priced up a fairly expensive kitchen (£5K) at MFI ( excluding appliances which I will source elsewhere) I wondered if anyone has any idea whether MFI are willing to negotiate a discount (not the "70%" off so called special offers & sale prices) but basically a reduction "for cash".
I can always ask of course, but wondered if anyone has successfully done so with MFI?
Cheers.
What does "for cash" mean?
Do you mean a cash or cheque payment vs. using a credit card. For this you could ask for 3-6% discount since that would be the card company's take from the transaction.
Bear in mind that if you buy on a credit card, you have the protection of the Consumer Credit Act. If MFI don't perform in some way, you have a come back to the card company. That may be worth considering unless you are trying to pinch to the last penny.
If by "for cash" you mean pound notes in the assistant's pocket, then I suppose there are always bent shop assistants.......
You could also go into the store, ask to see the manager and ask him when his month end is. He might like a £5k order if he's a little short.
Bear in mind though, that the margins on kitchen furniture are massive, so discounts could be large without the retailer being too squeezed.
.andy
To email, substitute .nospam with .gl
On 01/02/2004 leaky_caldron opined:-
Any company would be willing to negotiate a price, rather than loose a sale. I suggest MFI will be no different.
You may find that actually taking their finance would reduce the price somewhat. Often they will get a kick-back for selling the finance to you and share it with you in the form of a price reduction.
For businesses handling cash is not a cheap thing - someone has to take it to the bank, which is risky, time consuming or costly (if you pay a company to collect). Whilst credit cards may have a surcharge to them, it can often be cheaper for them to pay that, than handle cash. Note, this is exactly why Tesco etc provide cash-back. Its costing them pretty much the same for you to take up to £50 extra out when they do the transaction - whereas they can get rid of £50 cash without having to bank it (or pay someone to collect it).
Some dodgy companies may give you discount for cash because it can go through the company without being seen on the books or bank statements (and therefore tax returns). I doubt MFI would be involved with such practices! ;)
David
whereas they
Supermarkets only offer cash back on debit cards for which there is no charge (unlike Credit Cards) to the retailer.
It is a fixed charge to the retailer per transaction - rather than a % charge. Therefore it costs the same to process a £500 transaction as a £1 one. The charge is not insignficant actually, therefore buying a cheap newspaper or some cheap sweets on a debit may well cost them more to handle than the transaction amount - or at least, reduce any profit to next to nothing.
D
A friend of mine recently bought a kitchen from MFI that was in the sale at 50% off. He spent threee hours planning the kitchen with one of their staff then said that he didn't want any of the included appliances but wanted 75% off instead
The manager was called and he had a little think in his office then agreed - so it is possible
Mind you, you have to be VERY persuasive and persistent
When you do this you have to "Pay Now", not "go away and think about it"
You could alys just wait for the extra good sale, there is always some form of sale at MFI, some are better than others, but I have never done the math to prove it, so maybe I have only worked out half the game.
Rick
Look carefully at a receipt from MFI!!
Regards Capitol
Harry Bloomfield retched MFI discount? onto my recliner:
How do you loose a sale then? And how does it get stuck in the first place?
In message , Rick Dipper writes
Having taken some interest in MFI sale policy, basically there's nearly always the headline 50% off (*), plus the almost continuous sale at an additional 15,20 or 25% off, subject to minimum spend (I have last years summer sale price list here, min spend varies from £2500 on kitchens to £500 on bedroom stuff)
(* why would any _ever_ buy at full list price from MFI???)
I agree entirely.
I bought 4 kitchens from them over the last year (property development).
I always go there when they have their biggest discount sale (usually 50% +
20% for a limited period), and manage to negotiate at least an extra 10-15% on top. I am certain that this has nothing to do with my volume, as I have done so from my first purchase.Simply have a figure in mind, get as much of a discount as possible from the salesperson, and then ask to speak to the manager, and get the rest from them. Works every time.
Wouldn't do it to a small shop, but as far as these guys are concerned - I would much rather have my money in my own pocket, then in theirs...
My 2p worth.
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