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Drive a price down Meaning in English

expression

ˈdɹaɪv/ /ˈeɪ/, /ə/ /ˈpɹaɪs/ /ˈdaʊn
DRYV-uh-PRYS-down
dɹˈaɪv/ /æɪ/ /pɹˈaɪs/ /dˈaʊn
dryv-uh-PRYS-down

Definition

To make the cost of something decrease, often by negotiating or creating competition.

Usage & Nuances

'Drive a price down' is often used for negotiations (business, shopping) or describing market effects from competition. Common collocations: 'try to drive the price down,' 'drive prices down,' 'drive a price down further.' It's usually about actively making the price drop, not just noticing it fall.

Example Sentences

They worked hard to drive the price down during the negotiations.

basic

Discounts can help drive a price down.

basic

A lot of sellers are competing to drive the price down.

basic

If we buy in bulk, we might be able to drive the price down even more.

natural

Online reviews can sometimes drive a price down if they’re negative.

natural

Competition from new companies is really starting to drive prices down.

natural