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Negotiations (buyers
perspective)
Ok so you like
the spec, pics and the price is good what next? Well above all
else remember you have the power. It can take 2/3 months to
sell a used car so never feel under pressure to buy. Consider
the sellers perspective, selling a car privately can be a real
pain. |
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Private sellers are usually
selling for one of the following reasons.
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They are
moving abroad (may already have the plane ticket)
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They have
been given a company car
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They want to
trade up but the dealer has offered a lousy trade-in offer.
In every case they have a devaluing asset on
their hands (less
so of course if it’s a VWJ)
Phone
calls, Missed Appointments, Viewings
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Sellers can
expect lots of dumb calls e.g. Classifieds companies contacting
them to try and ad in their magazine
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Missed
appointments are a real pain too, half of my appointments never
bother turn up. Sometimes I phone them and usually they have
either forgotten, bought an other car or can’t find my house,
some just hang-up!
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Even when the
potential purchaser does show up it usually means skipping the
gym, coming home early from work or missing out on a few
well-deserved pints on a Thursday night.
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On average I
have to get at least four viewings for a sale.
Ok so hopefully I have made the point
sufficiently, the buyer controls the sale and in most instances
can expect to get 20% off the asking price after all a desperate
seller is more concerned about when he gets the sale than the
actually amount of money. |