First, know the models you are interested in, and consider shopping for last year's models. Stores may be more inclined to sell a model that has recently been replaced by a new version or soon will be replaced. Take the time to shop around and research the market so you know what a fair price is, what sale prices have been offered in the past, and when similar items typically go on sale. This is true for appliances and electronics.

You may be surprised to find out that many large retailers will negotiate prices, or offer additional incentives for large purchases. Your average sales associate may not have the power to suggest or offer these options, but many store managers can and will make the sale. Customers have successfully negotiated better prices on items ranging from electronics to riding lawn mowers, at both large and small retailers. Know what you are shopping for, know the average prices, and know the retailers in your area before you venture out to make your purchase.

One basic bargaining strategy is simply to ask what their best price is. Often, this simple step will lead to a better price than you might have expected. If the item is already on sale, you may find that they are not willing to reduce the price further. Knowing previously offered sale prices could be helpful if the item is marked at regular price when you are shopping. Many stores will match competitors' prices, so if better service, warranty coverage or other benefits are available, consider seeing if price matching is an option at your preferred retailer.

In that case, try to bargain in other ways. Even if the manager or smaller storeowner will not come down on the price, see if other perks are available as a part of your purchase. Free delivery, interest free financing, and extended warranty packages are all good options to consider asking for when negotiating a major purchase.

Another successful bargaining strategy comes when you are purchasing multiple items. If you are buying a new washer and dryer, stove and refrigerator, or big screen TV and surround sound system, you may have additional bargaining advantage. Retailers want big sales, and a large sale may be well worth knocking a few hundred dollars off your final purchase price, or throwing in that extended warranty package.

Getting a better deal on the goods you need will allow you to get more for your money, or perhaps to purchase better quality items for the price of the low-end version. Keep your mind open while shopping and you may be able to find a great deal on an item you will love. Know the brands, prices and stores before you go to bargain, so you can talk business like a pro.