Making an offer

dellas1979

The car I am looking at has dropped to 4900.
I am willing to offer 4200 cash. Ive never done this car dealing before.
Is that reasonable?

helimachoptor

Offer 3750 cash he may bite your hand off though.

L-M

What''s the car? Depending on if it's still over priced at €4900

Alicano

I think your being a bit cheeky with 4200 tbh.:)
Cash..4400 and its yours.

victor1

dellas1979 wrote: »

The car I am looking at has dropped to 4900.
I am willing to offer 4200 cash. Ive never done this car dealing before.
Is that reasonable?

offer 3,800, tell him to take it or leave it as u are looking at alternatives elsewhere

victor1

Alicano wrote: »

I think your being a bit cheeky with 4200 tbh.:)
Cash..4400 and its yours.

dont think so not at all, chances are the lower end value of the markets maybe less than 5K value motors, a lot of dealers just need to get rid, offer well below at 3800, and i'd nearly guarantee you he'll take it for cash in hand

L-M

We can't say what to offer until the OP tells us what car it is.

victor1

true, but was basing it on the fact if the dealer wants 4,900, irrespective of type of car, offer below, 3,800 is a fair offer in current climate,

L-M

victor1 wrote: »

true, but was basing it on the fact if the dealer wants 4,900, irrespective of type of car, offer below, 3,800 is a fair offer in current climate,

Lets says it's a 06 Corsa, and at 4900 it's the cheapest one by a few bob. The seller is going to know this and not go much lower.

niceirishfella

Limerick man wrote: »

We can't say what to offer until the OP tells us what car it is.

yes we can (as obama says) cos its a buyers market and cash is king regardless of make/model/spec.

victor1

niceirishfella wrote: »

yes we can (as obama says) cos its a buyers market and cash is king regardless of make/model/spec.

+1

niceirishfella

Limerick man wrote: »

Lets says it's a 06 Corsa, and at 4900 it's the cheapest one by a few bob. The seller is going to know this and not go much lower.

utter assumptions there Gary, they could be emigrating, in debt, lost their job, in mortgage arrears or just need the cash to go to vegas and blow it!- who knows what people will accept theses days in a recession.

L-M

Just because of the way the market is, it doesn't mean that dealers will take any penny they can get for a car. Anywho, i'm going to talk no further on this topic until i see what car the OP is talking about.

L-M

niceirishfella wrote: »

utter assumptions there Gary, they could be emigrating, in debt, lost their job, in mortgage arrears or just need the cash to go to vegas and blow it!- who knows what people will accept theses days in a recession.

Now they are utter assumptions, as i said, no futher talk until we see the car. It's pointless.

victor1

Limerick man wrote: »

Lets says it's a 06 Corsa, and at 4900 it's the cheapest one by a few bob. The seller is going to know this and not go much lower.

Possible but unlikely a corsa - but even if it was cash is very much king, she posted on 17th regarding car options she was looking at:
"Option 2 car for around €5000: There is a 1L 06 for 5500 that I am also kinda interested in-not as much as the one Id like fo " - a 06 1L, that was originally 5500, I still maintain irrespective of the model for this value of motor, offer below their asking price, 1100 below is fine, 3800 - if you dont ask you wont get -

niceirishfella

Limerick man wrote: »

Just because of the way the market is, it doesn't mean that dealers will take any penny they can get for a car. Anywho, i'm going to talk no further on this topic until i see what car the OP is talking about.

LM, she never mentioned a dealer.
You have this hang up on car pricing and lead us all to believe here that you know it all on pricing and regularily beat your chest here to that effect and indeed locked horns with me on this Gary - saying previosuly I was way out on my pricings.
Well, I'm not, I'am at the coalface daily - and its not about prices, its about debt, people needing cash, dealers needing cash to clear - Cash is King!!!
Deals are to be done, and people are taking "dives" daily. Prices are merely a suggestion these days.

L-M

Listen, it's very simple. We don't know what car the OP is talking about. There fore we can't make assumptions as to what it's worth, andto what money they can get off the retail price of the car.

You can't say what you will get off a car when you don't know what car it is. You were wrong the last time, and this time you are trying to say what you can get off a car when you don't even know what it isYou seem to think that every dealer in the country is bankrupt and will take any penny they can get.

Drummerboy08

The OP has said the price of the car has dropped to €4900. From what?

And dont just assume the PERSON SELLING THE CAR has dropped the price to get rid of it, he may be simply dropping the price in line with the market.

Wait and see what car it is before you go shouting about this,that and the other. As LM said, this car could be quite a lot cheaper than a similar car is already.

lifer_sean

Doesn't make sense to me.

If the seller could take 3800 for the car, why advertise at 4900 ? If they advertised at 4300 they would get a lot more interest and still have room for haggling. Advertising at way over the price you need to get is a waste of time.

If someone bid me 22% less than I'm asking I would not take them seriously, recession or not. If I wanted to blow out a car to get rid of it / get cash back in I'd advertise it at a givaway price.

To answer the OP's question, without knowing what the car is we are going nowhere here - I agree with LM. The car be worth 3000 or 7000 for all we know. Maybe it's a gift at 4900.

niceirishfella

I repeat, she never mentioned a dealer, it could be a private sale?
Keep the chest beating going as all the Limerick Boyz stick together! It's all good.

L-M

niceirishfella wrote: »

I repeat, she never mentioned a dealer, it could be a private sale?
Keep the chest beating going as all the Limerick Boyz stick together! It's all good.

Dear god, if it's a private sale, then clearly it's not "a dealer who is going bankrupt", therefore money isn't "King" and you saying it's a private sales just completely cancels out all of your points.

And "Limerick Boyz" sticking together? Seriously, grow up.

L-M

Seriously niceirishfella, if your going to PM me like you did the last time we "locked horns" and you were wrong. Pathetic

niceirishfella

I ain't lowering myself to name calling .........I'm simply not ..... Enough.

L-M

niceirishfella wrote: »

I ain't lowering myself to name calling .........I'm simply not ..... Enough.

A change from the last time we "locked horns" so?:rolleyes:

BillyGoatGruff

I think maybe ye should put yer Horns back in yer pants lads.:p

BnA

From my limited experience as both a seller and a buyer, there are two things that would help you get a bargin.

a) Johnny Cash

and

b) The offer of a quick hassle free sale.

So, if I am trying to buy a second hand car now, expecially in a private sale I always emphasise that I offer both of these. Firstly, wave some cash under the sellers nose. Not a cheque or a bank draft. Just €50 notes. Then tell them, you'll take the car away that night or first thing in the morning. So it's not going to drag on.

So, while they might have been looking for maybe €5k and you're offering them say €4k. They are looking at your bag of €50 notes and the knowledge that they won't have to take any more phone calls, place any more ads, meet any more tyre kickers and they often just go for it.

While, every seller is different and you can't gaurntee this would work with all of them, in my experience, it certainly helps with most of them.

niceirishfella

BillyGoatGruff wrote: »

I think maybe ye should put yer Horns back in yer pants lads.:p

said the bishop to the...........:D

peasant

:rolleyes: