Cash advice

Most of us are happy to barter when we’re on holiday, yet the thought of negotiating on the high street fills us with dread. But most shops are more than willing to give you a discount if you’re prepared to haggle, and you can get absolute bargains on eve

1 AUTO-MATIC DEALS Always haggle when buying a car. The average new car in the UK costs £18,000, so a discount could seriously improve your bank balance. The Money Advice Service found that 64 per cent of those who negotiated got money off. Haggling over used cars is even easier, but you’re better protected if you buy via a dealership. Arm yourself with the list prices, ask what deal they can give you, and aim for a discount on the model you want.

2 UNEARTH A REAL GEM High-end items like watches and jewellery are always worth haggling over, because salespeople often have targets or are on commission. Research their competitors to see what’s currently on offer. Taking time out to think it over will often prompt salespeople to offer you a discount, but be prepared to walk away from the sale if you don’t get the price you want.

3 THIS DEAL’S ELECTRIC Prices for technology items like laptops and TVs are usually up for negotiation, and you can easily slash hundreds off your bill. And always ask for any extras to be thrown in, such as cables or extra batteries. Most staff have warranty sales targets, so, if you take out a warranty, they’re likely to do you a deal. Even better, you’re allowed to change your mind within 45 days, so you can return the warranty for a full refund.

4 HIT UP THE HIGH STREET Whether it’s John Lewis or Topshop, you can bag a bargain! Source items that are already discounted, and look for faults and flaws – a chip on a dining room table, or a loose hem on a dress. Often easy to remedy, these could get you big savings. Speak to an assistant manager or supervisor. Managers probably won’t have time to attend to you, and junior staff often aren’t allowed to give discounts.

5 SHOCKING DISCOUNTS Haggle with all your utility and service providers – power, TV, internet, mobiles or insurance. When you’re near the end of your contract, look for a great deal and invite your existing provider to beat it. If they can’t or won’t, switch. It could bring you big savings.