Quote:
Originally posted by SoCal911SC
I tend to price a car I'm selling fairly aggressively, because I don't like to waste time and have a bunch of people coming over in order to squeeze the last few dollars out of it.
I'll also generally price it at a point where there is a natural "middle ground." For example, if I want $7500, I'd price it at $7,900, which gives the buyer the ability to counter at $7000 and both parties settle at $7500.
I think the key is determining what the car's real, true private party market value is. You can do this by looking at other ads, calling on ones that have actually sold to find out the sale price, etc. Then price yours accordingly.
By defination, stuff priced at market price sells quickly and easily.
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I agree 100% with SoCal.
Counter offer back to the guy that low balled you by $1400. If you will not take his offer, say something to the effect of "Thank you for your offer. I'd be happy to sell the car at $X,XXX if you are interested". (make $X,XXX your bottom dollar) Throw the ball back in his court. If he accepts, you sold a car. If not, move on and wait for the next guy that offers you a fair price.