Cash Offers
Author
Discussion

911Ads

Original Poster:

306 posts

224 months

Monday 23rd August 2010
quotequote all
Sorry, bit of a rant here...

I am currently selling my car, and the amount of people calling up and saying 'what sort of price are we talking for cash' - now I like my bargins like everyone, however, I'm not a garage, trader etc.. I class bank drafts \ cheque \ cash & transfers once all cleared as cash..unless these callers think I need to hide the money?

rallycross

13,749 posts

266 months

Monday 23rd August 2010
quotequote all
Conversations that start with "what is your best price?" are not worth continuing!




macp

4,823 posts

212 months

Monday 23rd August 2010
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I recently got a cash offer of £3k for my 120d Sport for a quick sale apparently.

5unny

4,395 posts

211 months

Monday 23rd August 2010
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These types of 'buyers' probably try the same line with dozens of sellers and eventually they will find someone desperate and naive enough to sell their motor for way below it's true worth.

Yes it's incredibly annoying but from their pov 'if you dont ask......'.



homerjay

1,249 posts

254 months

Monday 23rd August 2010
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always confused me this one...

cash opposed to what?

bananas, chickens, ugandan dollars???

whitechief

4,432 posts

224 months

Monday 23rd August 2010
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Tell them it's £500 more for cash, that always confuses them smile

djt100

1,739 posts

214 months

Monday 23rd August 2010
quotequote all
I've got the misses MR2 up at the moment, up for £3k, i've had to many offers for £100 - £1500 for it... tw*ts...

911Ads

Original Poster:

306 posts

224 months

Monday 23rd August 2010
quotequote all
homerjay said:
always confused me this one...

cash opposed to what?

bananas, chickens, ugandan dollars???
I'll use that line next time I get a call.

s3fella

10,524 posts

216 months

Monday 23rd August 2010
quotequote all
Thing is, many a self employed tradesman will take cash for his car when selling it, rather than a cheque as putting a decent size cheque in his account will prompt them to ask what it is in relation to, or set the Revenue sniffing. And he cannot say he's sold his car, cos he already told them that as the explanation for all that cash he banked the day before! biggrin

The black economy is huge stil in the UK and potentialy getting bigger in the economic climate we now have.

BTW there is a lot of funny money out there in circulation too. A friend who sells and fixes a few cars now asks anyone he doesn't "know" who offers to pay in cash to pay him in Euros!
The straighforward ones dont worry too much about going and excanging it for foreign currency, but it weens out most with fake notes.
Although there are of course fake Euros out there.

Edited by s3fella on Monday 23 August 18:03

911Ads

Original Poster:

306 posts

224 months

Monday 23rd August 2010
quotequote all
s3fella said:
Thing is, many a self employed tradesman will take cash for his car when selling it, rather than a cheque as putting a decent size cheque in his account will prompt them to ask what it is in relation to, or set the Revenue sniffing. And he cannot say he's sold his car, cos he already told them that as the explanation for all that cash he banked the day before! biggrin

The black economy is huge stil in the UK and potentialy getting bigger in the economic climate we now have.

BTW there is a lot of funny money out there in circulation too. A friend who sells and fixes a few cars now asks anyone he doesn't "know" who offers to pay in cash to pay him in Euros!
The straighforward ones dont worry too much about going and excanging it for foreign currency, but it weens out most with fake notes.
Although there are of course fake Euros out there.

Edited by s3fella on Monday 23 August 18:03
I understand that, however, whoever buys my car and wants to pay cash can come to my bank or any bank they bank with and I'll open an account, which they can deposit into..that way the bank takes the risk of forged notes etc.

ShiggyBiggs

713 posts

203 months

Monday 23rd August 2010
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Some pikey gypo phoned my mate when he was selling a focus for 2k, and just kept sayin "ah sure no, youd take 900 for it".

eltax91

10,757 posts

235 months

Monday 23rd August 2010
quotequote all
djt100 said:
I've got the misses MR2 up at the moment, up for £3k, i've had to many offers for £100 - £1500 for it... tw*ts...
I'll give you £1600 for it. hehe

MoonMonkey

2,334 posts

242 months

Monday 23rd August 2010
quotequote all
I'm not sure why people get so upset at daft offers. At least they usually get straight to the point and you can just say no.

It's the frikkin idiots who seem genuinely interested, you spend time cleaning the car for a viewing, they tip up and spend 2 hours going over the car with a fine tooth comb then make a totally insulting offer. They're the cretins who need nuking from orbit imho.

To answer the OP I agree it also makes me smile when they say best price for cash...

MondeoMan1981

2,457 posts

212 months

Monday 23rd August 2010
quotequote all
rallycross said:
Conversations that start with "what is your best price?" are not worth continuing!
My personal pet hate when selling a car. Loads of calls and texts asking "best price". Never sold a car to anyone who has used that term.

Aydogflipper

436 posts

195 months

Monday 23rd August 2010
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MoonMonkey said:
I'm not sure why people get so upset at daft offers. At least they usually get straight to the point and you can just say no.

It's the frikkin idiots who seem genuinely interested, you spend time cleaning the car for a viewing, they tip up and spend 2 hours going over the car with a fine tooth comb then make a totally insulting offer. They're the cretins who need nuking from orbit imho.

To answer the OP I agree it also makes me smile when they say best price for cash...
I agree with this

anonymous-user

83 months

Monday 23rd August 2010
quotequote all
I dont mind people asking if I'm open to offers (almost every one selling a car is) and I dont mind some one making an offer (even if it might be a bit cheeky)

Its the people who phone up asking 'whats the lowest price you will take', they make me want to go out and put a bullet between their eyes. I've put up how much I want, you make the fking offer! mad

redgriff500

28,982 posts

292 months

Monday 23rd August 2010
quotequote all
MoonMonkey said:
I'm not sure why people get so upset at daft offers. At least they usually get straight to the point and you can just say no.

It's the frikkin idiots who seem genuinely interested, you spend time cleaning the car for a viewing, they tip up and spend 2 hours going over the car with a fine tooth comb then make a totally insulting offer. They're the cretins who need nuking from orbit imho.
^^^ This.

I was selling my wife's car cheaply and had some muppet drive 3 hrs to see it, looked at it for about an hour, couldn't fault it, then offered me £1000 less than the asking.

I said no, he said its all he had.

Shame you didn't tell me that before you set out and save us both some feckin time then.


winshent

1,174 posts

224 months

Monday 23rd August 2010
quotequote all
redgriff500 said:
I was selling my wife's car cheaply and had some muppet drive 3 hrs to see it, looked at it for about an hour, couldn't fault it, then offered me £1000 less than the asking.

I said no, he said its all he had.

Shame you didn't tell me that before you set out and save us both some feckin time then.
was the car priced at £1,050...

If it was up for say 12k, then that would be a reasonable offer no? you'd price a car expecting around 10- 15% less?

rudecherub

1,997 posts

195 months

Monday 23rd August 2010
quotequote all
winshent said:
redgriff500 said:
I was selling my wife's car cheaply and had some muppet drive 3 hrs to see it, looked at it for about an hour, couldn't fault it, then offered me £1000 less than the asking.

I said no, he said its all he had.

Shame you didn't tell me that before you set out and save us both some feckin time then.
was the car priced at £1,050...

If it was up for say 12k, then that would be a reasonable offer no? you'd price a car expecting around 10- 15% less?
There is still a dissonance between average Joe British Public and the art of bartering. Last century worked a bit in antiques it comes with the territory.
It's common place to knock off 10% as selling tactic, trade expect at least 20% off, so yeah every first offer I'd make would be at least 10% under any asking price.

redgriff500

28,982 posts

292 months

Tuesday 24th August 2010
quotequote all
rudecherub said:
winshent said:
redgriff500 said:
I was selling my wife's car cheaply and had some muppet drive 3 hrs to see it, looked at it for about an hour, couldn't fault it, then offered me £1000 less than the asking.

I said no, he said its all he had.

Shame you didn't tell me that before you set out and save us both some feckin time then.
was the car priced at £1,050...

If it was up for say 12k, then that would be a reasonable offer no? you'd price a car expecting around 10- 15% less?
There is still a dissonance between average Joe British Public and the art of bartering. Last century worked a bit in antiques it comes with the territory.
It's common place to knock off 10% as selling tactic, trade expect at least 20% off, so yeah every first offer I'd make would be at least 10% under any asking price.
Whilst you may be banking on a big discount it would seem common sense to discuss this with the vendor first.

I priced it cheaply to sell it and I only knocked off £250 and sold it to the second guy.