Are Those Diamond Prices Set In Stone?

Posted on: 9 April 2015

Guys, engagement rings are a pretty large investment. You want to find the biggest, brightest diamond to give your one true love, and that can be as expensive as a car. So, like a car, are you supposed to haggle with your jeweler to get the best price possible? That depends upon the specific store you go to, but many can help bring the price down or offer special financing that can help you save. And face it, you're going to need as much money as possible to pay for your bride-to-be's dream wedding.

Here's how to get the best price on your engagement ring, and make sure you don't start your marriage off with a mountain of debt.

First, set your budget before you walk through those doors. Even the manliest of men can be wowed by the traditional girls' best friend, especially when it comes in the form of a glistening ring that the woman you love will wear on her finger for eternity. Only look at rings that are attainable.

Second, do your homework. Understand the Four C's of diamonds; color, clarity, cut and carat. Carat is the weight of the diamond, clarity will reveal flaws, the color can range from colorless to yellow, and a quality cut can hide any blemishes. A combination of these four features will tell you how much a specific diamond is worth.

Third, hide your excitement. It'll be hard, as you just found the perfect ring for the one you love, but you don't want to put off an air of desperation. If the jeweler thinks you're only considering the piece, they may be more willing to work with you on price, rather than if you act like you must have that exact ring.

Last, pick the right time to shop. If you plan on buying a diamond ring the day before Valentine's Day, when those puppies are flying off the shelves like hot cakes, you're going to have a bad time. Go right after a major holiday, and try to shop toward the end of the month. Salespeople often have to have a certain number of sales each period, so they'll be more likely to work with you on price.

When you go to the store, be confident and open-minded. You can find a beautiful ring on any budget. Now you just have to think of the perfect way to get down on one knee and propose.