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I HATE haggling, both buying and selling. When buying, I would MUCH rather find the car I really want at a "fair" price, and just write the check. However, it seems that just about everyone selling (at least the cars I am looking at), has them marked up anywhere between 10-20%. I.e. a "true" $40K car is advertised for ~$47K.....a "true" $50K car is advertised for $59.9K, etc... This means that I HAVE to be prepared to haggle. This is also why finding Kaisen has been SO educational and helpful for me. I have not pulled the trigger yet on a car, but he really helped me understand what "fair" means. He indicated that some cars were probably truly going to cost me MORE than I expected or wanted to pay, and also indicated multiple times that certain cars were grossly over-priced. This is very helpful "behind the scenes" information, on cars that vary GREATLY in price.
All that said, the big variable/concern for me is similar to what Seahawk was talking about, i.e. Seller's disclosure. Or worse, something generally "unknown" in the condition. I drive Kaisen crazy with this, constantly drilling into "condition" and mileage.
And then when I sell, I simply put a VERY fair price on my items, and they invariably sell SUPER-QUICKLY. I sometimes wonder if I am giving my stuff away, but I don't waste a lot of cycles second-guessing it, and my buyers always leave satified.
JA
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John
- '70/73 RS Spec Coupe (Sold)
- '04 GT3 (Sold)
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