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.
I’ve looked at cars that would have been reasonably priced if they were as advertised, but many (way too many) sellers know sweet frick all about cars, and when you look deeper you find faults that can and will take thousands of the cars value.
Territorys are a perfect example.
The owner thinks it’s all good, just needs a ball,joint or a bush in the front end.
Decent look over reveals it needs everything.... ball joints bushes diff bushes etc etc. that territory almost halved in value.
If I look at a 20k car that needs 5k in repairs, then I’m gonna want it for less than 15k or I might as well just buy one for 20k with the work already done and save myself the runaround.
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If the car is reasonably priced BEFORE essential repairs, and the seller wont budge on price, theyre being unreasonable and clearly dont want to sell yet.
Case in point, many years back looking at an xh ute needing brakework. An offer of the sellers price less estimated cost of work (by a mechanic) was flatly refused, so i walked.
Imho, the
op is being ambitious, and if the car is newly listed, has buckleys chance.