Quote:
Originally posted by 82 GT
Anybody that pay asking price is ignorant because the asking price is almost always inflated.
If you go with the "take it or leave it approach" then most people will "leave it"
Mach1, if you sold your car, would you set the price at your rock bottom amount? Of course NOT....that wouldn't be ignorant, it would just be STUPID
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So if the asking price ISNT over inflated and you pay it, are you then ignorant? Or are You ignorant for walking away because the price advertised was a good deal already and the buyer wouldnt come down?
Or are you ignorant because you are selling your car and you ask way too much for it because thats what you think everybody else does, so you have to do it also. Give me a break.
Or maybe you are ignorant because "you know everything" and you know the advertised price is automatically to high, so you talk the seller down a few hundred, and walk away thinking you got a good deal. Meanwhile you still payed way over fair price for the car, but since you talked him down some, you did good. Not to mention that you actually have no idea what the cars really worth? Yeah, ok.
Pull your head out, please.
We arent dealing with car dealers here, who are always priced high, but private sellers, who can price the car anyway they want it, too high, too low (want to dump quick)or right where they want to sell it at.
The botton line is, a SMART buyer (that excludes 82 GT for obvious reasons) will determine a fair value for the car in his mind and not pay any more than that, REGARDLESS of what the asking price is.
Putting a price that is $1500 to much will send most buyers elsewhere, and you lose a sale. Most people dont expect a private seller to come down $1500, because most private sellers dont overinflate that much for negotiating room. Maybe $500
But again, if your not in a hurry to sell, go high, you never know, you might get it. If not, who cares, as you werent in a hurry to sell anyway.