Getting a deal by paying cash?

posted 3 years ago in Rings
Post # 3
632 posts
Busy bee
  • Wedding: May 2013

@mixtapehearts:  We got a deal by paying with cash for my ring.  Originally $12,500 and we paid $10k even for it.

Post # 4
393 posts
Helper bee
  • Wedding: January 2015

we got a bit of a deal? no taxes

Post # 5
10219 posts
Sugar Beekeeper
  • Wedding: December 2012

It is true…

BUT be aware that when making a large purchase… such as a SIGNIFICANT piece of Jewellery you have better “protection” on your purchase if you do it with a Credit Card.

And sometimes that is worth more than the few percentage points you’ll save by paying cash.

Hope this helps,


Post # 6
454 posts
Helper bee

yeah it’s true- definitely in places like Los Angeles. I went in there to just look around and saw a ring that cost 1350+tax, but the saleswoman said if i paid cash, it would just be 1350. I liked the idea of just paying cash, but then I thought about the credit card protection and decided to hit up etsy.

Post # 7
453 posts
Helper bee

I’ve usually been able to get at least sales tax off (6% here) or the credit card processing fees (3-6%). So… not a huge deal. But other PPs make a good case for protection you have buying with a credit card!

Post # 9
650 posts
Busy bee
  • Wedding: May 2014

My wedding band was 2k retail, and I talked them down to 500 cash including taxes in the diamond district. I believe it can work. 


Post # 10
5392 posts
Bee Keeper
  • Wedding: August 2014

@This Time Round:  +1.

I always use a credit card for big purchases; I prefer the protection it offers.

Post # 11
258 posts
Helper bee
  • Wedding: October 2013

@mixtapehearts:  It depends on the business itself. Many business like cash because: a) they don’t have to pay the CC company processing fees, which as a PP said are often 3-6+% and b) it gives them immediate cash flow for the business, as opposed to waiting for payment for the credit card companies. 


So often times the cash discount trick works better in smaller, privately owned businesses than in big-box major retailers. But, the PP’s had very good advice when they said you had better protection using your credit card. Also, my Chase card gets me cash back on a lot of purchases, so keep that in mind if you can actually make money by using your card.

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