I'm looking at a used boat that is priced at $13,995 at a dealership. I actually think it's very reasonably priced. I'm about to make an offer. I'm wanting to start at 10k cash. Would that be an insult if it's already reasonably priced?
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I'm looking at a used boat that is priced at $13,995 at a dealership. I actually think it's very reasonably priced. I'm about to make an offer. I'm wanting to start at 10k cash. Would that be an insult if it's already reasonably priced?
IMHO .... "reasonably priced" takes in account the profit margin of the dealership & what the dealership actually paid for the boat. Since they're not likely to tell you what they paid for the boat, offer them a couple thousand below what you think the boat is worth & see if they'll dicker with you. If the boat's been there for some time, they may ... but, if it hasn't been there for long, they'll likely try and hold at that price ... thinking someone will come along & pay that price.
Could be the boat is a trade-in or a consignment ... the asking price may differ on these two scenarios. But, to be sure, the dealer is gonna try and make the most profit it can on the deal, regardless.
And after you make your offer don't be afraid to walk away if they don't come down in price. Leave your number and have them call you if they change their minds. The worst that can happen is you pay their price later.
theysaid and look at the blue book values online before making your offer. I wouldn’t be surprised if they are asking 30-35% more than they gave for it.
You can always raise your offer. Certainly can't lower it after you have made it. It is also the off season for boats. That should factor in
:hesaid
It depends on how many used boats they have in inventory. In my area, there are very few if any used or new fishing boats to be had. As others have suggested, check Blue Book values and start from there. If the boat is in great shape and it is the boat you really want, I would buy it before somebody else does. Good luck in your search.
First, be sure it's what you want. Look it over and hear it run.
Second, make your 1st offer. Watch to see his interest.
If so, lay your check book on the boat and tell him what you will pay for it, today only.
In the past I have found the last business day of the month to be a good time to buy.
They want that last sale of the month.
In my area boat prices are dropping looking at listings some have gone down 2-5 thousand on used, boats here are just not moving much.
I recently offered 30k on an original asking price of 65k , I am now in closing on the property involved for 37.5 k
Insulting someone with a low offer is not uncommon, why leave money on the table, that is Insulting to yourself :Rofl
Moral of my story, start way low , offer em 8k , need room to get the price right , I don't care what the "market " value is ....and...
Neither should you
My buddy owns a boat dealership in the area. He said he makes more on used boats than he does on new ones.
Offer what you think is fair and what you will be happy with. If it’s a trade in the dealership probably has very little invested.
Good luck.
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Well. I offered $10,500 and he said there was no way he could go that low. He said he had a little to work with but not that much. I'm not sure of my next move. I'm thinking about just laying low for a few days.
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I would let them stew on it for a while. They've already showed their hand telling you they are willing to come down in price. You may not get it for 10,500 but guaranteed you won't be paying full price.
The last pickup I bought was a 2 year old trade in that was exactly what I wanted. After a test drive I offered way less out the door price and after the "I have to ask my boss" game they accepted my offer. The moral is, they have to know that you are willing to go elsewhere and spend your money. Waiting until later in the month is solid advice, I would say give it a week or so and then contact them to see if they have reconsidered your offer.
I hate wasting time with people. I simply offer what it is worth too me and give them my cell phone number. Call me if it is acceptable or I say good luck with the sale. I have my maximum and they have their minimum. I never lost sleep over a missed deal with this method.
don't lick that paint , let him call you back , say you changed your mind if he counter offers , like stated the used market is where all dealers hammer ya .....just saying
tell him you were ok with the original offer but after researching it a bit you might have to go lower than your first offer ,,,,,
play right , this aint boat season , it will sit a while in the winter is my bet .....
but if it don't , oh well , it aint the only boat out there .....DO NOT GO paint licking bro ....:Rofl
Hold strong. If he doesn't contact you, go back after Christmas. They want those year end sales numbers to look good.