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How flexible is the term 'OBO'

Discussion in 'The Hokey Ass Message Board' started by thewaxhead, Jan 6, 2014.

  1. Squablow
    Joined: Apr 26, 2005
    Posts: 18,185

    Squablow
    Member

    I don't mind if someone wants to buy something from me to resell, as long as I get what I want, I don't care what happens to it. As long as they're not an asshole about it. An easy sale (cash in hand, trailer along with, load it up on the spot) is worth it for me to take a bit less. Having to wait around for a week or more and sit on a down payment means you have to pay more.

    On a side note, I have never heard the term "grind tits" before. I'm interested to know where that started, but I'm totally sure I don't want to Google it.
     
  2. silversink
    Joined: May 3, 2008
    Posts: 916

    silversink
    Member

    I put a fair price on the part and that what I want. Offer less we are done talking. I do this at home and swapmeets and have done well once we understand each other. I just have a sign "no dickering allowed" some don't like it but oh well, it's my part and my price.
     
  3. "like";)
     
  4. slowmotion
    Joined: Nov 21, 2011
    Posts: 3,509

    slowmotion
    Member

    So I guess you never make offers if you're on the buying end then, correct?
     
  5. J'st Wandering
    Joined: Jan 28, 2004
    Posts: 1,772

    J'st Wandering
    Member

    When I put in an ad, "OBO", it means that if it doesn't sell fairly quickly, the price is not as firm. The first day out, that is the price. Three or four weeks later, give me an offer.

    Back in the day of printed classifieds, it was tough to adjust the price once the ad was listed.

    Also, if I don't have a good feel on the value, I will use OBO. Throw a price on it, if it don't sell the price is too high and I will take less. The other option is to not list a price and I hate it when people do that. I don't respond to ads with no price unless I am really desperate.

    I don't have a problem with someone offering me a price at 50%. I don't have to accept it and it is a starting point.

    As others have said, a buyer that is respectful and not shoveling poop will do a lot better on the negotiations. As a buyer, I try to do the same.

    Neal
     
  6. bbbbbb9
    Joined: Sep 16, 2010
    Posts: 35

    bbbbbb9
    Member
    from Tucson

    Gotta laugh at some of the responses. It's the free market. I generally buy parts before I really need to install them. Gives me the chance to shop around a lot and find the deals/steals. Sorry, call me a cheapskate. I once read a post on another forum where a small time vendor was crying because he had responded to a few emails from a guy and then he found out he was doing the same with other vendors too. ???? Ahhhhh, it's called bargain hunting. Many of us aren't excreating $$$$$ Pal.

    If I low ball, I tell the seller it's all I'm willing to spend. If that insults him, well, that's his issue.

    And in today's used parts market there are wayyyy too many people who think, "if it's old, it's gold". Be smart enough to know just how rare the part is before you start to search. If it's rare then yes the price might seem high. If not, shop around
     
  7. oldcarguygazok
    Joined: Jun 20, 2012
    Posts: 401

    oldcarguygazok
    Member
    from AUSTRALIA.

    I've purchased 3 cars and a truck in the last 2yrs,2 of these from Hambers and had no issues at all with making offers.I like to pay a fair price and 'never'try to low-ball anyone,it's called 'respect'.All this was done over the phone,and every thing turned up better than I expected.With the Aussie$$ at 90c and shipping fees at around$3500,you can always use this as a bargaining point.
    BTW,i would never tell anyone I had cash on me,be it $500 or $5000, you may end up with more than a 'black eye' Gaz!
     
  8. mike bowling
    Joined: Jan 1, 2013
    Posts: 3,559

    mike bowling
    Member

    No rules-ask what the bottom line is, or what do you have to get for it.I agree with what was said earlier; I don't like people who keep saying "Make me an offer."I don't want to embarrass myself or them and usually say that to them. If they won't come back with a price, keep looking(unless you absolutely HAVE TO HAVE IT then you're screwed anyway and might as well pay the price and have the part!) Good luck. Mike
     
    Last edited: Jan 11, 2014
  9. If you ask me what the bottom line is, I assume you're not serious and I tell you you have to make an offer. But there's already an asking price posted, too.
     
  10. thewaxhead
    Joined: Apr 3, 2012
    Posts: 80

    thewaxhead
    Member


    I feel the same way when selling the car. Quick, trouble free sale is sometimes worth more than the stress!
     
  11. 49ratfink
    Joined: Feb 8, 2004
    Posts: 21,838

    49ratfink
    Member
    from California

    haven't sold a car for a few years, but selling junk on Craigslist I have been putting the price along with "no offers considered" so I don't have to have some mouthbreather call me and ask what my lowest price is.
     
  12. Bad Eye Bill
    Joined: Sep 1, 2010
    Posts: 841

    Bad Eye Bill
    Member
    from NB Canada

    Will you deliver that to N.B. for $2000?

    Just kidding. :D
     
  13. Roger Walling
    Joined: Sep 26, 2010
    Posts: 1,149

    Roger Walling
    Member

    I responded to an ad on Crag's list for a truck that did not have a price listed, I asked the price and he went on and on to describe how good it is and how much I would enjoy it.
    I finally asked again for the price and he responded, "How much would you offer me for it?"
    I told him to call me back when he figured out how much he thought it was worth.
     
  14. woodbutcher
    Joined: Apr 25, 2012
    Posts: 3,309

    woodbutcher
    Member

    :D Looks like a lot of good info and advice here.
    Good luck.Have fun.Be safe.
    Leo
     
  15. sunbeam
    Joined: Oct 22, 2010
    Posts: 6,381

    sunbeam
    Member

    Last week there was a post on Oklahoma city craigslist he was mad at the seller because the guy wouldn't sell it for the price listed because it said OBO after it. Evidentially someone offered more than the asking price.
     
  16. I bought a car last month ,the price was $3150.00 OBO,talked to the guy a bit,offered him $1200.00,he took it ,guess he was tired of sitting on it.
     

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