What qualifies as lowball.

[churchmouse]

In this market Low-balls are usually flippers. By low/sell high. I always price my stuff more than fairly as I want it to sell. If I get an extreme low-ball my response is usually...

 

[hornadylnl]

The picture rule got changed, is the low ball offer the next on the chopping block?

 

[churchmouse]

The picture rule got changed, is the low ball offer the next on the chopping block?

There is a rule...........

 

[Limpy88]

It would be hard to enforce opinions.

 

[churchmouse]

It would be hard to enforce opinions.

He will not miss a chance to stab at the heart of establishment.

 

[CHCRandy]

I seen a car I wanted to buy and the guy wanted $11,900. I wanted to offer him $8500 cash but thought I might offend him....maybe I will reconsider. Would that be a low ball offer?

 

[Cameramonkey]

The picture rule got changed, is the low ball offer the next on the chopping block?

I hope not. Then we would be sitting around here saying ...."And then they came for the a-holes. I wasnt one of them, so I said nothing."

 

[IndyGunworks]

I seen a car I wanted to buy and the guy wanted $11,900. I wanted to offer him $8500 cash but thought I might offend him....maybe I will reconsider. Would that be a low ball offer?

I don't think so.

 

[chezuki]

I seen a car I wanted to buy and the guy wanted $11,900. I wanted to offer him $8500 cash but thought I might offend him....maybe I will reconsider. Would that be a low ball offer?

Based on this thread, $3927 would be a good starting point.

 

[printcraft]

......... Whocares

I hope not. Then we would be sitting around here saying ...."And then they came for the a-holes. I wasnt one of them, so I said nothing."

I'm down for the struggle.

 

[Limpy88]

I seen a car I wanted to buy and the guy wanted $11,900. I wanted to offer him $8500 cash but thought I might offend him....maybe I will reconsider. Would that be a low ball offer?

Thats a little over 25% but close enough to not be an insult to me when dealing with a larger amount like that. But everyone is different.

 

[IndyGunworks]

on a car, with an asking price of 11,900 assuming its reasonably close to market value... I would probably start around 7k. Cars, guns, and machinery typically don't end up with as much bargaining as accessories, toys, furniture do.

 

[bwframe]

He will not miss a chance to stab at the heart of establishment.

You put it nicer than I might have...

 

[HoughMade]

I seen a car I wanted to buy and the guy wanted $11,900. I wanted to offer him $8500 cash but thought I might offend him....maybe I will reconsider. Would that be a low ball offer?

Who the heck knows? That could still be more than it's worth. To me, a lowball has nothing to do with the asking price and everything to do with the market price.

If the Car typically sells around $10,000, $8,500 isn't a lowball. If it typically sells around $15,000 and the guy priced it to sell, $8,500 would seem like a lowball.

But so what? The guy can take it or not.

I used to sell cars and people would come in wanting trade in value of "at least what I owe"- which was typically at least 50% more than the car was worth retail (word to the wise, make every effort to never owe more on an item than what it is worth). These were the days when $149 down and $149/month for 84 months were common. Bare minimum down and just making the required payments, you're underwater BEFORE you drive off the lot and get deeper every second. If someone wanted a truck I was selling, my trade offer may be insultingly low to them....but that's just because they have a screwed up view of what their car is worth.

 

[SkullDaddy.45]

Anything lower then mid-thigh! I would consider low-balling.

 

[OakRiver]

It really depends on the item. If someone is putting forward a ridiculous offer on something of value I'll thank them for their time. If it's something I want rid of I'll consider it.

Anything lower then mid-thigh! I would consider low-balling.

"You must spread some Reputation around before giving it to SkullDaddy.45 again."

 

[T.Lex]

There have been a few times when I've offered more than 25-30% off of asking price, but I have also offered an explanation. Usually, it is for something that I don't really "need" but have been keeping an eye out for. So, I'll simply preface the offer with the explanation that it is only worth it for me if I can get it for $X, since it wasn't something I was planning on getting right away.

The seller may think it is a line, but I'm telling the truth. Sometimes it works, sometimes it doesn't, but I've never been ignored.

 

[Expat]

OKay, say a guy is listing a Sig P938 for $650. If the exact same pistol has been listed for several weeks at PSA for $499, is it lowballing him to offer $450? That would more than a 1/3 off of his asking more.

 

[bocefus78]

When it comes to used items, I don't think anything is really a lowball. Just that you consider your stuff more valuable than the other person. I lowball all the time on craigslist and its turned out quite nice for me. As a rule of thumb I offer 33 percent of the asking price. If the laugh at me they probably wouldn't have came down low enough anyways. If they counter, I will counter with 50 percent, and offer a date and time I can pick the item up. If bargaining continues then I slowly work my way up to my max that I would be willing to spend for that item.

Wow. Please remind me to never be your realtor.

33%.... really? Jeez.

 

[Birds Away]

Anything lower then mid-thigh! I would consider low-balling.

A sure sign is if you come home and find dust bunnies attached.