Tuesday, January 24, 2012

Negotiating a gym membership price

The Krazy Koupon Lady team recently did a great blog post about how to negotiate a gym membership deal. So good that I thought it was worth sharing. Here is are the highlights or you can click here to go to the origional post by her.
  • Leave your wallet at home. Gyms are notorious for the fast-talking, hard sell. When you meet with a sales associate, assertively state that you left your wallet at home. This way the sales associate will back off on his sale pitch and you will be able to check out the gym facilities without the stress of someone trying to shove a contract and pen in your hand.
  • Try before your buy. You wouldn’t buy a car without taking it for a test drive, would you? A gym membership is no different. Do not join a gym that won’t let you try it out for free before joining.
  • Be wary of “One Day Only!” specials. Come on, what are the odds that you just happened to check out the gym on the one day of the year that the gym was offering the lowest membership price of the year?
  • Don’t join a gym in January. Gyms raise membership prices in January to take advantage of all those people with New Year’s resolutions to lose weight. If you wait until March, then you are more likely to score a more favorable membership rate.
  • Do not sign a long term contract. Gyms want to lock you into a multi-year contract. While these long term contracts may break down to a lower monthly rate than a month-to-month contract, don’t overestimate your motivation level. You are better off signing a month-to-month contract with no long term commitment.
  • Read the fine print. What happens if you get injured, move, or want to cancel your contract? Can you freeze your membership if you go on a work trip for a month? Can you use other branches of the gym in your city?
Pic pulled from KCL post

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