What Does "Reasonable Offer" mean?

[mopowers]

As the title suggests - when does a "reasonable offer" become insultingly low?

Say someone is asking $1,000 for something but stipulates reasonable offers will be considered. Is anything under $750 (or ***) then considered insulting? I've never understood the whole "reasonable offer" thing and have only offered what I was willing to pay. It's a simple yes or no at that point. What does it means to you all?

 

[RustyRatRod]

I'm thinkin anything above 550. I mean......you gotta start somewhere.

 

[toolmanmike]

Reasonable shouldn't be a slap in the face offer. "Reasonable" I know what you mean. Post a price you will take for it. Why price it at $1000 but you would accept $850. That's why we like to see bargaining taken to a PM and not plugging up a sale thread.

 

[nutz]

thinking reasonable is 80% but i'm not that reasonable so i won't sell for under 90% asking

 

[One Bullet Barney]

Reasonable shouldn't be a slap in the face offer. "Reasonable" I know what you mean. Post a price you will take for it. Why price it at $1000 but you would accept $850. That's why we like to see bargaining taken to a PM and not plugging up a sale thread.

I think it depends on how long the add has been up with little to no interest.
If you price something at say $500.00 , and it sits for say ten days and someone offers $ 200.00
I would call that a low ball offer.
I don't negotiate in the thread. That's why I always post private message.

 

[1MeanA]

Depends how reasonable the asking price is

 

[mopowers]

Reasonable isn't a slap in the face offer

Thanks. That's what I'm asking though. What's a "slap in the face" offer to you?

If someone's asking a grand of something I'd "like to have" but not for anything close to a grand, I won't even respond to the ad out of respect to the seller. Likewise, if I'm asking a grand for something, I'm probably not going to sell it for anything less that $900-$950 depending on how I feel about the buyer.

 

[CFD244]

It depends on how stupid the original price is. What you think and what the seller thinks are 2 different animals. Remember "I know what I have" LOL

 

[slantsixdan]

"Reasonable offer" might mean seller is on fishing expedition trying to game out what item might fetch; maybe it's time to sell. Or might mean seller and all seller's stuff has to be moved/gone within 2 months.

Or might mean seller likes to dicker. There is no specific percentage of ask price where "reasonable" starts or ends.

"Or best offer" and "Or nearest offer" are more straightforward, less confrontational ways to put it

 

[crackedback]

don't be a gas monkey asshole... No matter the displayed/ask price, even if reasonable, offer 25%

If someone is asking 1K for something that is worth $500, maybe show them the value before saying that's what I'll offer. They may have an unreasonable value on something. Then again, sometimes the hassle of dealing with an unreasonable ask isn't worth it as well.

If it's worth 2K, they want 1K, why are you chiselling? It's all relative.

 

[RustyRatRod]

I always offer low, because of our financial situation. I also send along a note saying "not trying to be an *** with lowballing........" or some such. If they accept it fine. If not fine.

 

[toolmanmike]

Thanks. That's what I'm asking though. What's a "slap in the face" offer to you?

If someone's asking a grand of something I'd "like to have" but not for anything close to a grand, I won't even respond to the ad out of respect to the seller. Likewise, if I'm asking a grand for something, I'm probably not going to sell it for anything less that $900-$950 depending on how I feel about the buyer.

Agree with all points. It's like "what are you asking?" "What will you give me". and it never ends until I walk away. A $1000 item and a $800 offer I would say is reasonable (as a buyer) Now, the seller will probably have a different idea of what he considers "reasonable". It's really a stupid thing for a seller to say. Now, I have said "may accept a reasonable offer. The least I could say is no. As a buyer, don't be offended if I try to low ball you if you are ignorant enough to say I would accept less. Confused yet?

 

[nutz]

yes i would say it depends on what its worth and how much they are asking
if everyone is selling remain 340j heads for 1k and someone is asking 2k ...1k is resonable ....if i really don't need it but ill buy it for 500 just cause i know i'm not going to lose on it

 

[diymirage]

I consider "reasonable" anywhere from 75% of asking price, to actual asking price


Lets be realistic, if the owner thinks something is worth more then 120% of what i think its worth there in no point in waisting both our times, well never reach an agreement anyway

 

[fishmens67]

The reasonable price for anything related to Mopar expired in 1990.
So is there a reasonable person asking a reasonable price for anything , I bet he would be offended by my reasonable offer.

 

[PROSTOCKTOM]

I am trying to figure out what's reasonable here.

Should I go by the hour, or just go all in by the day? Asking for a friend.

Tom

 

[1WildRT]

Great subject.... When I first signed up here it was because someone had a part for sale that I was interested in... He was asking $650 about 250% of it's normal selling price with OBO in the ad... The part was clean & I'm okay with paying above the average price... But not 2.5X the normal price...

The part had been for sale for over four months, others had made offers at around the normal price $250-$275... I signed up & contacted him... He said make an offer... I started at about $450 & he didn't even respond...

I PMed Kern Dog since he'd been here quite a while & asked his thoughts... His comment? Some guys put OBO expecting a number higher than their asking price....

Guy only had posts about stuff for sale, don't see him posting anymore... Guess the fishing wasn't very good....

 

[slantsixdan]

CAR FOR SALE
$1,000 OR UNREASONABLE OFFER

 

[toolmanmike]

CAR FOR SALE
$1,000 OR UNREASONABLE OFFER

 

[hemi71x]

I've run across this too.
The seller accepts your offer, then never gets back with you.
Changed his mind, or someone give him a higher offer, and then didn't have the courtesy in getting back with you.

 

[toolmanmike]

I've run across this too.
The seller accepts your offer, then never gets back with you.
Changed his mind, or someone give him a higher offer, and then didn't have the courtesy in getting back with you.

 

[skep419]

Reasonable offer is whatever you’re willing to pay. If they get offended that’s on them. All they have to say is no, in which my response is always “best of luck on the sale, thanks for the reply”.

 

[MidnightSwinger]

Reasonable offer is whatever you’re willing to pay. If they get offended that’s on them. All they have to say is no, in which my response is always “best of luck on the sale, thanks for the reply”.

This sums it up. Also being on the other end of this I’m never mad when someone “lowballs” me. I either ignore them or respond with “no thanks”.

 

[273]

Well I'd assume when someone says a $1,000 or reasonable offer is they understand they probably got to budge a bit and probably factored that in but they want at least close to asking price and don't want a bunch of people wasting their time with low ball bids like 2/3 or less probably even 3/4 or less.

 

[1MeanA]

If your offer is considered unreasonable you run the risk of no reply. If you didn’t need it no big deal. I know people make low offers on fairly priced parts because some people blindly do that for everything….got to get a deal. I had a guy offer me 40% less on a new part I had. It will cost him double to buy it new. It’s weird.