Why do people make rediculous offers for your car?

[Phunk]

I'm selling a mint Porsche 911 C4S at the moment, it has a great spec, full SH etc etc, It is more or less the cheapest C4S on PH at £24,995 yet, I keep on getting loads of idiots offering me "£20k cash mate".

Boils my piss!

[S3_Graham]

had the same when selling the S3. Was up at £5k and had numerous 'innits' phone up and offer £4k but the best for me was some guy that phoned and offered £4k and when i said no, he said oh well im a trader and wont offer more, great your a trader so i will sell my car cheap?? errr NO!

[CraigyMc]

Phunk said:

I'm selling a mint Porsche 911 C4S at the moment, it has a great spec, full SH etc etc, It is more or less the cheapest C4S on PH at £24,995 yet, I keep on getting loads of idiots offering me "£20k cash mate".

Boils my piss!

Given the choice, would you rather have no offers at all for the car?
You are of course not interested in selling for £20K but so long as the offers aren't taking up much of your time, what have you actually lost? Nothing.

You find tomorrow that you need 20K on an emergency basis. Now you have options you didn't have before.


I'm at a loss as to why this would get you annoyed.
C

ETA: If it's mint, why is it more or less the cheapest on PH?

Edited by CraigyMc on Tuesday 6th July 09:09

[300bhp/ton]

Phunk said:

I'm selling a mint Porsche 911 C4S at the moment, it has a great spec, full SH etc etc, It is more or less the cheapest C4S on PH at £24,995 yet, I keep on getting loads of idiots offering me "£20k cash mate".

Boils my piss!

It's called haggling. And at the end of the day most people want a deal.

And if anyone is stupid enough to pay the asked priced for a used product (car or other) then they are as stupid as the idiots who expect to get exactly what they advertise a used product for.

i.e. it's an opener to start negotiating. And in some cases some sellers are going to be happy selling at a lower price.

[Lefty 200 Drams]

Ahem.

ridiculous.

Hope you spellchecked your advert, maybe that's why people aren't taking it seriously...

Edited by Lefty 200 Drams on Tuesday 6th July 09:16

[TuxRacer]

So sell it to the guy that offered you the full asking price?

[Bill Carr]

If you don't ask, you don't get.

[Welshbeef]

Its haggling - part of selling anything.
What happens if you find a house for sale did you offer full asking price or go for the usual cheeky opening bid?


In addition if at that point in time there are no other offers on the table that is its market value, you have punted a price for it that you believe its worth + maybe a little to counter the haggle aspect (if not ... risky as its offputting when a seller says full final price no offers its part of the fun of negotiating).

Say you had a Lotus Carlton - hard to value at the best of times you will put it up for say £30k (stunning example) yet say I come along and really want it but to me all I can really accept to spend on it is say £18k then if no others offers thats its market value.

Forget all those guides and other cars for sale (as everything could be over priced). Its market value is whatever someone is willing to pay for it at that time.

Note you say they offered you £20k and you turned them down flat - why didnt you start the negotiation drop say £500 etc then put the ball in their court. Just a flat no kills that lead - some sure will be chancers trying to get a stunning deal.

[Engineer1]

Because if I offer you £20K and you accept I have saved money. The price on an used car advert a house sale and many other second hand sales is a guide price for negotiation.

[Steve in Stoke]

Lefty 200 Drams said:

Ahem.

ridiculous.

Hope you spellchecked your advert, maybe that's why people aren't taking it seriously...

Edited by Lefty 200 Drams on Tuesday 6th July 09:16

http://www.rediculous.co.uk

[Justayellowbadge]

300bhp/ton said:

Phunk said:

I'm selling a mint Porsche 911 C4S at the moment, it has a great spec, full SH etc etc, It is more or less the cheapest C4S on PH at £24,995 yet, I keep on getting loads of idiots offering me "£20k cash mate".

Boils my piss!

It's called haggling. And at the end of the day most people want a deal.

And if anyone is stupid enough to pay the asked priced for a used product (car or other) then they are as stupid as the idiots who expect to get exactly what they advertise a used product for.

i.e. it's an opener to start negotiating. And in some cases some sellers are going to be happy selling at a lower price.

I disagree. It can be, but shouldn't have to be.

When selling I tend to put the price I want, and state that it is firm.

What's the point of artificially adding a couple of grand, knowing it will be simply knocked off? I can't be bothered with that.

Never had a problem selling.

[Kentish]

When my Dad died we had to sell his car, nothing special just a Passat.

Not expensive and the price was keen.

The people who did buy it knocked us down, fair enough but then the guy gets his lad to check the lights and one stop light bulb filament has blown. Guy then tries to renegotiate the price we had just shook on. Fair enough again but he wanted an extra £300 knocked off. This was on a £1500 car and a 30p light bulb.

fking idiot!

[300bhp/ton]

Justayellowbadge said:

300bhp/ton said:

Phunk said:

I'm selling a mint Porsche 911 C4S at the moment, it has a great spec, full SH etc etc, It is more or less the cheapest C4S on PH at £24,995 yet, I keep on getting loads of idiots offering me "£20k cash mate".

Boils my piss!

It's called haggling. And at the end of the day most people want a deal.

And if anyone is stupid enough to pay the asked priced for a used product (car or other) then they are as stupid as the idiots who expect to get exactly what they advertise a used product for.

i.e. it's an opener to start negotiating. And in some cases some sellers are going to be happy selling at a lower price.

I disagree. It can be, but shouldn't have to be.

When selling I tend to put the price I want, and state that it is firm.

What's the point of artificially adding a couple of grand, knowing it will be simply knocked off? I can't be bothered with that.

Never had a problem selling.

Never said over price it, just never expect it to sell for what you mark it as. Ok if it's ultra rare or desirable or you simply have priced it well. But I'd never buy anything without at least haggling first, its just a basic principle of buying 2nd hand stuff.

[Dick_Phallus]

Because they think you're a mug. They're taking the piss out of you. You personally. Don't stand for it. DO SOMETHING ABOUT IT!

[Matt_N]

Does sound like a chancer, but is a 20% lower than asking price offer really that bad?

I'd go in with something similar and use it as a base for negotiation.

[Lefty 200 Drams]

http://www.rediculous.co.uk/typo.htm

[useyourdellusion]

Whilst being cheeky and a little annoying (at £5k less anyway), they've got nothing to lose. These people will probably enquire about ten more cars at least and make silly offers.

Chances are, one of those sellers may just crack and take the money.

[RobCrezz]

Why is it annoying? You only have to decline.

[useyourdellusion]

Well, a little insulting maybe.

[TonyHetherington]

Because, even though you're saying no, another seller somewhere has said yes and they've saved themselved £5k.