Quote:
Originally Posted by nstg8a
My first offer is almost always quite a bit lower than I’m prepared to pay.
The same as a sellers asking price is usually much higher than what they will,actually expect.
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That's fair but to say you have (way less) cash, take it or leave it is just trying it on and probably wasting the sellers time. They will feel that the buyer thinks they're desperate, when it's the buyer that's desperate (to take advantage and get a bargain).
Negotiation is expected and if neither party feels that way then it's in bad faith so just move on. "Doesn't hurt to ask" is said by the same people that get annoyed when they realise they are not considered a serious buyer so their chances are 'hurt'.
Easier to try such a thing with housing due to larger costs that are ongoing, but it's not the same with a car. Hopefully the car in a private sale is not under finance and it's not like they're paying a mortgage they can't afford, rates are due, they are moving for work, going overseas etc. Not much chance of a desperate cars sale due to that these days!
It's the opposite, people are staying put, might be secure with jobkeeper, double dole or in what worked out to be a safe industry and they aren;t desperate to sell.