How would you go about this machine purchase?

[Aukai]

I tell them the price is not what I'm willing to pay, and if it does not sell please call me back. Now if you really want the machine, you just told yourself you might pay more than your bottom dollar.

 

[jwmelvin]

Wait for a rainy day , take cash , and be ready to load up . That's how I buy AND sell . Jason will attest to this .

I can indeed confirm that, sometimes, the offered price works for both parties; other times, the price can change significantly when people are in the mood to part with a thing. I’ve been involved in both scenarios and on both sides of the deal.

 

[mmcmdl]

I’ve been involved in both scenarios and on both sides of the deal.

I know you have , and the doors are always open !

 

[yota]

I swear, every other thing on Marketplace is "rare". drives me nuts.

 

[sycle1]

With these things I find time is a great attitude adjuster.
Give it enough time and it will be gone, problem solved, or give it enough time and he will get sick of tripping over it and come back to earth.

 

[stupoty]

Just tell them you can give them $250 dolla when they need it gone and to feel free to hold out for more if that doesn't seem good but your always at the end of the phone if they change their minds.

Just tell them what your willing to pay and see what they say.



Stu

 

[tq60]

Sellers with no clue can be difficult, it all depends on the local market, if supply is short, it moves fast, if economy is not so good and not a lot of shoppers, different story.

I haggle for "sport", if I do not attempt to twist an arm, folks will think I am not feeling well...

We rarely find something that is priced too cheap to try for better, we still hint and usually get discount.

My plan is a take cash money, the maximum amount that I would pay period.

Split it in 1/2 and go looking.

One usually can read the seller in very little time to see if they think they have gold and will not budge or if they are flexible.

We look it over, discussing with them while asking about how they used it or where something is or how something works, takes very little time to determine if a flipper or other.

You discuss the "better" ones for less than their price as you look, you setup your offer well before you offer, they may start dropping the price if you do it right.

You pull out the partial wad of cash and ask what the minimum is for cash in hand, only offer what you will ever pay.

If they will not bite, just wish them luck, and state if they change their mind, your st
offer will be something less, and subject to another inspection to be sure nothing is missing.

Sent from my SM-G781V using Tapatalk

 

[Dabbler]

I haggle for "sport", if I do not attempt to twist an arm, folks will think I am not feeling well...

Each of us acts according to our lights.

I'm mindful these are real people, often in way over their heads. In all my dealings with people I act according to this principle: I act and offer advice or propose a number that I would be happy with from either side of the negotiation. Even if they are putting on a brave front, or even bravado, I give them the truth, minimal confusing advice, and not always in my best interest.

I recently purchased an optical comparator. The shop that was closing had put too much money in it. They wanted 500$ for a machine that had 2 of the axes jury rigged with digital verniers. It was in good working shape otherwise, I told them that marketed well, to a interested buyer, they could get almost their price. To me, it looked like a project to acquire micrometer stage actuators, and my bottom line was 150$.

3 weeks later, it was picked up for me by a friend (this unit was 2,400 km (1400 bananas) away.

 

[projectnut]

Often times People selling relatives machines have no clue as to what they're worth and go by the asking prices for similar listings on eBay, Craigslist, Facebook Market place and similar websites. Since they don't have experience in the field, they have no way to assess the condition of the machines, or the accessories needed to use it properly. All they know is that "DAD" used it regularly and was proud of it. That in their mind translates to it being worth top dollar.

When looking for a machine I first look at all the usual sites and check a few used equipment dealers to see what the current asking prices are. I also do an advanced search on places like eBay to see what similar machines sold for. With this information I have an idea of what it should cost. I often find asking prices out of line with actual sales prices.

Case and point, a few years ago I was looking for a 24" x 36" surface plate. A friend and former company employee had purchased the Challenge brand one from the company's main machine shop. When he was downsizing, he sold it to the person who purchased his building. The person buying the building wasn't in the machining business and had no use for the surface plate. He looked up the asking price for a similar size plate on eBay ($800.00) and used that as guidance. I knew it was way out of line but didn't say anything. I did an advanced search on eBay to see what it actually sold for. I found that item and 3 others with similar asking prices. The final sale prices were between $75.00 and $125.00. Essentially scrap price. I showed him the information, offered $100.00 and he accepted it.

In this area there's enough quality machinery available that if one isn't available at the price you're willing to pay there will be another available in short order. Over the years I've looked at hundreds of machines. Some were too worn for the asking price, others were asking close to what a new machine would sell for, and still others were available for what I considered reasonable money.

I've never considered replacing a machine due to cosmetics. Every machine in the shop has a few paint scrapes. Some have a few OOPs marks, and others no longer have pristine paint due to their age. The machines range in age from over 100 years old to under 10 years old. They all do their job regardless of their cosmetic appeal.

 

[yota]

Sellers with no clue can be difficult, it all depends on the local market, if supply is short, it moves fast, if economy is not so good and not a lot of shoppers, different story.

I haggle for "sport", if I do not attempt to twist an arm, folks will think I am not feeling well...

We rarely find something that is priced too cheap to try for better, we still hint and usually get discount.

My plan is a take cash money, the maximum amount that I would pay period.

Split it in 1/2 and go looking.

One usually can read the seller in very little time to see if they think they have gold and will not budge or if they are flexible.

We look it over, discussing with them while asking about how they used it or where something is or how something works, takes very little time to determine if a flipper or other.

You discuss the "better" ones for less than their price as you look, you setup your offer well before you offer, they may start dropping the price if you do it right.

You pull out the partial wad of cash and ask what the minimum is for cash in hand, only offer what you will ever pay.

If they will not bite, just wish them luck, and state if they change their mind, your st
offer will be something less, and subject to another inspection to be sure nothing is missing.

Sent from my SM-G781V using Tapatalk

the old "cash in hand, or cash money gambit is a joke. like you're going to take a credit card or trade for a goat.