What Does "Reasonable Offer" mean?

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ProjectBazza said:
I had that happen to me once. I had a semi-restored jukebox that a friend of a friend heard about via word of mouth. Said jukebox wasn't for sale, as I still had some bugs to work out on it, but when I crossed paths with these two at a show, I was asked, "How much for your 1448?" I told them it wasn't for sale, but you know the drill, and they kept pushing, so I "upped" the price in my head and said, "$8,000", thinking this would shut them up.

Nope. Guy pulls out a wad of cash and starts counting it out, so I had to "put up or shut up".

And I did....while laughing all the way to the bank!
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Something else about this... It's very possible, and likely, they had a buyer lined up who had more money than cents.... Pickers do it all the time but selling stuff as "nostalgia art" or some other stupid made up term. They get rich people who want to seem sophisticated with there trashy chic style etc who pay stupid money for stuff. You still won big time and so did they I'm sure.
 
Cuda416 said:
2. The assumption is everyone overshoots prices when set assuming the act of haggling.
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I'm not so sure about that. A lot of people price a part with the expectation that there will be no haggling. As shown in this thread, haggling will only get you a higher price.

I guess it never hurts to ask (to a point), but I don't think there should be any assumptions when it comes to buying or selling.
 
Cuda416 said:
Something else about this... It's very possible, and likely, they had a buyer lined up who had more money than cents.... Pickers do it all the time but selling stuff as "nostalgia art" or some other stupid made up term. They get rich people who want to seem sophisticated with there trashy chic style etc who pay stupid money for stuff. You still won big time and so did they I'm sure.
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That's entirely possible, but I don't care, because with the money I "cleared" I was able to buy two more. Now, granted they were "parts" machines, but I was able to get enough to build one more (one last) "better than factory" machine. And that one will NEVER leave the house.
 
mopowers said:
I'm not so sure about that. A lot of people price a part with the expectation that there will be no haggling. As shown in this thread, haggling will only get you a higher price.

I guess it never hurts to ask (to a point), but I don't think there should be any assumptions when it comes to buying or selling.
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We'll agree to disagree, as to your point, this thread wouldn't exist. I suppose I could concede that my point applies to buyers mroe than sellers.
 
ProjectBazza said:
That's entirely possible, but I don't care, because with the money I "cleared" I was able to buy two more. Now, granted they were "parts" machines, but I was able to get enough to build one more (one last) "better than factory" machine. And that one will NEVER leave the house.
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Yup, I wasn't implying you lost out by any means. You did good, they spend more and probably did good too. It's possible they didn't even do as good as you in the end.
 
RustyRatRod said:
How much of my time is farkin "wasted" here trying to help as many people as I do? Talk about an absolute cop out. Wasting time my big old butt.
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I don't care how you and others haggle, not saying you can't do it your way, my buddy is great at low balling, I'm not, I'm not trying to argue with you or piss you off but if the seller ask for reasonable and you low ball, the way I see it your purposely disrespecting the seller, aka being a dick, and yes their sometimes gonna get mad for people wasting their time. Do I care, No, unless I'm the seller lol.

I drove cab for 20 years, for some reason people think it's ok to haggle a price for every ride, and heard and dealt with all kinds of bullshit from customers.
 
273 said:
I don't care how you and others haggle, not saying you can't do it your way, my buddy is great at low balling, I'm not, I'm not trying to argue with you or piss you off but if the seller ask for reasonable and you low ball, the way I see it your purposely disrespecting the seller, aka being a dick, and yes their sometimes gonna get mad for people wasting their time. Do I care, No, unless I'm the seller lol.

I drove cab for 20 years, for some reason people think it's ok to haggle a price for every ride, and heard and dealt with all kinds of bullshit from customers.
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I'm pretty sure I and more understand where you're coming from and don't disagree really, but the whole point if this is "what is a reasonable offer". It's subjective no matter what anyone says and we all have "guidelines" that tell us what it means.
 
If I see something priced fair, I pay the price with no negotiation. Not because I'm rich but because the man set a fair price.
Too many people see a fair price and then try to push their luck. Screw that. TRY selling parts and you'll see how the bottom feeders piss you off and maybe you'll change your ways.
 
Kern Dog said:
If I see something priced fair, I pay the price with no negotiation. Not because I'm rich but because the man set a fair price.
Too many people see a fair price and then try to push their luck. Screw that. TRY selling parts and you'll see how the bottom feeders piss you off and maybe you'll change your ways.
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I drove cab for 20 years, I feel your pain, ever want a job that makes you hate humanity drive cab, people suck :)
 
318willrun said:
here is the one that gets me most. And this happens. Somebody approaches one of my classics and asks how much? Mind you, it's not for sale, wasn't advertised, just my vehicle and they decide they like it. I shoot them a high number because it's "not" for sale. They proceed to tell me I'm out of my mind, then offer not even a fair price. Then I remind them "it wasn't for sale, but you wanted a price and you got one". Now, I just tell them "it's not for sale, so offer a price and see if you like it more than me". Usually, they don't offer just walk away.. and if they do offer (usually not even fair price) I just say "I guess I like it better than you" .. lol
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when people ask about my cars i always just say: everything's for sale, you just might not like the price.
 
I've heard others say that their stuff isn't for sale yet they get asked frequently.....then respond with a sky high number.
I don't even play that. Why? Because to me, I don't feel that everything is for sale. Money means nothing to me if I don't have what I want.
No amount would buy a car that I own and really like even though I could duplicate it with the money from the sale. Maybe it is because I'm a person driven by principles, not money.
If I promised a guy that I'd hold a part for him..... and at the end of the day when he returns I'd sell him something for ten bucks and a guy walks up right afterwards and offers $20, I'm going to honor the first offer. Yeah, I take the risk that the first guy may skip but a man's word should be worth something.
 
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273 said:
I don't care how you and others haggle, not saying you can't do it your way, my buddy is great at low balling, I'm not, I'm not trying to argue with you or piss you off but if the seller ask for reasonable and you low ball, the way I see it your purposely disrespecting the seller, aka being a dick, and yes their sometimes gonna get mad for people wasting their time. Do I care, No, unless I'm the seller lol.

I drove cab for 20 years, for some reason people think it's ok to haggle a price for every ride, and heard and dealt with all kinds of bullshit from customers.
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You'll never have to worry about me making an offer. In fact, the more I think on it, I don't think anyone on this site will have to worry about it anymore.
 
Cuda416 said:
I'm pretty sure I and more understand where you're coming from and don't disagree really, but the whole point if this is "what is a reasonable offer". It's subjective no matter what anyone says and we all have "guidelines" that tell us what it means.
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I get that, but I think we all or almost all can agree half or less is really low balling to me that’s a straight up insult, so most would probably consider anything under 2/3 (66%) low balling also.

I’d say between 70-80% might be the gray area, 80% and above I’d say is obviously fine.

I highly doubt to many would be super offended with an offer between 70-80% most probably hoping for above 80%.
 
Funny how people here are saying seller shouldn’t get offended by low offers but are getting offended themselves by people saying offering a ridiculous low offer can be offensive especially when the seller states they don’t want to hear them, make it make sense lol.
 
If you don't have the money, get a job and earn some cash so you don't embarrass yourself with a piss poor offer next time.
If you can't earn more money, face up to the reality that the hobby may not be for you.
Hey, I'll never be cast in a porno movie because I don't have what it takes, I'm okay with that. I made my peace with it years ago.



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Kern Dog said:
If you don't have the money, get a job and earn some cash so you don't embarrass yourself with a piss poor offer next time.
If you can't earn more money, face up to the reality that the hobby may not be for you.
Hey, I'll never be cast in a porno movie because I don't have what it takes, I'm okay with that. I made my peace with it years ago.



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If you can't control your emotions and get offended by a low offer that's on you.
If the buyer can't take no for an answer and turns into a jerk because they didn't get their way that's a different story.

You can make an offer of any kind and still be respectful and polite.
 
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273 said:
I think we all or almost all can agree half or less is really low balling
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'79 Volaré 4-door. 225 (rod knock) 3-speed (1st gear noisy; reverse sometimes doesn't engage). Rust in quarters, trunk, floorpan, front fenders. Been sitting; brakes locked up and mouse damage to interior. No exhaust system. Leaky/noisy 7-1/4" rear. Needs windshield. $18,500 or trade for '15 or newer Corvette.

I'm exaggerating, but we've all seen ads with completely unrealistic prices. In a case like that, low-low offers aren't an insult, they're a signal from the market that the seller needs to pick today to quit sniffing glue.
 
slantsixdan said:
'79 Volaré 4-door. 225 (rod knock) 3-speed (1st gear noisy; reverse sometimes doesn't engage). Rust in quarters, trunk, floorpan, front fenders. Been sitting; brakes locked up and mouse damage to interior. No exhaust system. Leaky/noisy 7-1/4" rear. Needs windshield. $18,500 or trade for '15 or newer Corvette.
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I think the reasonable response to that add would be no response. When they don't get any responses, then they got the signal.
 
It means if I'm selling a running parts bike plus a whole bunch of stuff with it including another engine and some hard to find race parts and I'm asking $1000 for it don't offer me $750.
 
skep419 said:
If you can't control your emotions and get offended by a low offer that's on you.
If the buyer can't take no for an answer and turns into a jerk because they didn't get their way that's a different story.

You can make on offer of any kind and still be respectful and polite.
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I don't think its about emotions. For example, offer 50 bucks for a 250,000 dollar home and see if the realtor takes that offer to the seller. They won't, because it's utterly nonsense.
 

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