Title: Buying & Selling Post by: Pat Pixley on December 22, 2011, 01:30:23 pm A buddy of mine gave me this article from Hot Rod Magazine and I thought it was good. :smile:
No other interaction better displays the chasm behveen the personalities oftwo car guys. As a player in the game of buying high and selling low I see this all the time. Cutting straight to the most ludicrous negotiation tactic evet a potential buyer of my'77 Bronco reminded me repeatedly that he could sue me for just trying to sell him a vehicle with a cracked windshield, since cracked glass was illegal. "Not that I m going to do that 'he said, "but you should know that when you consider the price Please, mister, take the Bronco for free and dont sue me. Actually, gifting it to that loser might have been less painful than the next lookyloo, who came with a lab coat and a slide rule and spent an hour measuring and testing every system on the truck before passing on it because the hood did not have original paint, which was evident after, oh, 10 seconds of casual observance. The guy who finally bought the Bronco showed up with cash and drove it away within 15 minutes because most of his decision was made from the photos I'd sent. My kind of sale. He ended up putting a small-block Chevy in it, but whatever. I also love guys who give you an inventory of the car's damage. "It needs floors that are at least a grand, a windshield for $ 150, and a front seat at about $500. So will you knock $ 1,650 offthe price?" Dude, its a'47 Ford with no engine. And, no, I wont take payments or trade it for your mom's old Accord. I'm also not discounting it because you have to rent a trailer to pick it up or because you have to rent storage to hide it from your wife. I was irritable at a swap meet once, trying to buy a '63 Dodge. Id waited for one looker to finish with the seller and then stepped up and started asking questions, when another guy butted in with, I'll take it What's the Book of Car Dudes ruling on that scenario? I figured I had first right of refusal since I was there first. The seller wouldnt sell it to me, even at the full asking price, because he claimed the butting-in guy got there first. Id agree if we were both hemming and hawing, but it didnt go down like that. It was a clear swoop. It seems eBay has changed the rules. Buy It Now, everyone else loses. That said, I'm not a "he called first" guy when it comes to selling cars via classified ads. I hate it when a seller wont let me come look at a car because someone else called first and said they were on the way. In that situation, 70 percent of the people won't ever show up, so the first guy standing there with the cash is the winner, no matter who got on the phone first. I've also been in a situation in which I agreed to a deal, then a second buyer arrived and offered more than the first guy. Tempting, but a deal is a deal. You have to sell to the first player. Not everyone argrees. I once spent an hour listening to a guy -s life story so I would seem courteous while viewing his mint Corvair. I made an offer and told him cash was in my pocket. He said he'd collect $100 from me and let me know when bidding was done. Huh? He wanted to take all offers and pick the highest one. and the hun was a deposit to make sureI was Legit. WOw. Here's the best negotiation story ever Decades ago at the Pomona Swap Meet. my pals and I had a swap space. One guy kept coming back, over and overto look at a tail light, fondling it and peering from every angle. Eventuaily he asked how muchand mybuddy answered 5 bucks. THe guy Fiddled with it another minute, then offered 50 cent My Friend said, "Let me see it. took it from the guy, and slam-dunked it into the ground Shards of red plastic scattered at the guy's feet as he screeched, "I needed thatl" Comeback "Then you should have paid 5 bucks for it. I just had more than 50 cents worth of fun. Whythe rant? This morning I tried to sell a car to a guy who was planning a body swap, putting it on a late-model chassis. He didn't buy it because the brakes were bad ,ther power steering pulley had a wobble.and the last car he bought blew two tires when he was driving it home, which was scary. Didn't want to rent a trailer. Nice guy, but a total chick. The way I see it, you either you want a car or you don't. You make an offerandit a Yes or no proposition. Of course, I'm the aways the guy who is Right. You Probably are too. David Freiburger Love it Title: Re: Buying & Selling Post by: Slider-Bob on December 22, 2011, 02:08:38 pm Great article Pat. I must confess...I saw a little bit of myself in the one potential buyer..."It needs floors that are at least a grand, a windshield for $150, and a front seat at about $500. So will you knock $1,650 off the price?" I guess I should take into account that is was missing those things when the seller determined his price, but I never do. All he can say is no to my offer (or maybe, no...now get the hell outta here!). Consequently, I buy sliders all the time where the guy is asking $700, but I get it for $200. If I don't get a deal, then I feel cheated...However, when I'm selling stuff....well that's a different story! :laugh:
Thanks for sharing! Title: Re: Buying & Selling Post by: davethebirdman on December 22, 2011, 04:13:50 pm The story about the guy destroying the light rather than sell it for 50c.. I can really relate to that. We don't have swap meets we have boot sales. People turn up open their boot up and sell all sorts of sh*te. I was moving house and decided to do a boot sale. Priced everything real cheap because just wanted to get rid. You still had people coming up and trying to get 20p (35c) off the price. I got so annoyed with one bloke I just picked up what he wanted (some dinner plates) and just smashed them on the ground. Well worth the satisfaction. Title: Re: Buying & Selling Post by: Slider-Bob on December 22, 2011, 04:30:05 pm I had a garage once and had a box of items all priced at .25 cents. A guy picked up one item, and asked me if I'd take .10 cents for it?
I said "Dude, if you have the guts to ask me if you can have something for a dime that was priced at a quarter, then you can have it for free. 'nuf said. Title: Re: Buying & Selling Post by: ss540 on December 23, 2011, 10:02:19 am We used to sell some of the stuff we didn't use any more at the community garage sale. Best tactic I ever saw from a "buyer" was offering .10 for a .25 item and wanting to pay for it with a $100 bill. I encouraged those folks to go buy a pack of Chicklets at the convenience store to get change, then come back.
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