Quote:
Originally Posted by mykalberta
I think its to save on Credit Card processing fees. It makes sense at a smaller buisness, but not selling privately.
Every chinese food flyer I have have similar cash discounts.
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Any kind of business, and small businesses especially, generally like cash, even if they do business above the table. Credit, Debit, and the banks take a percentage cut. Whatever that percentage cut is, it certianly cuts out of the bottom line.
As for haggling, it's an underused art in this country. I always haggle for cars, furniture, electronics, stuff like that.
I should start haggling for other things, pretty much anytime a salesperson has to help you out.
It pretty much should be a crime to pay the posted price for electronics at a place like A&B sound. Often you can get up to 40% off (or even more) just by asking.
Haggling has never really worked at Future Shop, but a couple of months ago, I got $50 off the vacuum cleaner I bought there just by asking if he could give me a better price.