What does 'best offer over $XXX' mean? | FerrariChat
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What does 'best offer over $XXX' mean?

Discussion in 'Other Off Topic Forum' started by Badman, Aug 15, 2007.

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  1. Badman

    Badman Formula 3

    Mar 4, 2007
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    #1 Badman, Aug 15, 2007
    Ok, so I'm looking to buy a car (not a Ferrari) and I see people in their ads saying things like "Will take best offer over $6000'. Now, does that mean if I offer the guy $6000 the car is mine? Or does it mean he's going to be fielding offers, silent auction style? Or does it mean different things to different sellers?
     
  2. Kds

    Kds F1 World Champ

    May 1, 2003
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    #2 Kds, Aug 15, 2007
    It means nothing...........if anything you have an arrogant seller on your hands. Offer whatever you think it is worth and back it up with comparables........if he balks, you walk.
     
  3. Badman

    Badman Formula 3

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    #3 Badman, Aug 15, 2007
    Well, that's what I'd think too, but for this particular car $6000 isn't an arrogant price. It's a pretty fair deal, if it's actually what it claims to be.
     
  4. Chiaro_Slag

    Chiaro_Slag F1 Veteran

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    #4 Chiaro_Slag, Aug 15, 2007
    I would take it to mean the seller is fielding offers & will take the best one. Similar to a regular OBO sale, except he is putting a "Don't bother" floor price there.
     
  5. Badman

    Badman Formula 3

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    #5 Badman, Aug 15, 2007
    And that's what I'm afraid of. It's a reasonably rare car, a 1965 Triumph Spitfire, but it's also a pretty non-sought after car, so if he's fielding offers it's gonna be a while before he gets a few. The car is a 2 1/2 hour drive from here and I don't want to drive all the way down there for a car I'm not going to buy, but I'm also not going to buy it sight unseen. I figured I can try to negotiate a 'conditional on inspection' deal, but if he's really a game player then I could get down there and have him try to re-negotiate, making my trip a waste of my time.
     
  6. Badman

    Badman Formula 3

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    #6 Badman, Aug 15, 2007
    Last edited by a moderator: Sep 7, 2017
  7. Devilsolsi

    Devilsolsi F1 Veteran
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    #7 Devilsolsi, Aug 15, 2007
    looks like a fun car for $6k
     
  8. Badman

    Badman Formula 3

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    #8 Badman, Aug 15, 2007
    Yeah, she ain't no Ferrari, but Triumphs have a quiet charm of their own. I just hope the 308 doesn't get jealous of the new girl...
     
  9. Gilles27

    Gilles27 F1 World Champ

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    #9 Gilles27, Aug 15, 2007
    Yeah, that's a pretty cool car. How does it run?
     
  10. Badman

    Badman Formula 3

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    #10 Badman, Aug 15, 2007
    Runs like a top, all original, two owner car. It's the best condition Spitfire Mk II that I've seen in a long, long time.
     
  11. 62 250 GTO

    62 250 GTO F1 Veteran

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    #11 62 250 GTO, Aug 15, 2007
    Oh, I see you bought it, no need for my post then. Enjoy.
     
  12. Devilsolsi

    Devilsolsi F1 Veteran
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    #12 Devilsolsi, Aug 16, 2007
    I don't think you would want a Ferrari for $6k...
     

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