Quote:
Originally Posted by thstone
Get a PPI and use that to help negotiate.
Never believe what the seller says about what someone else offered him (he should have taken it if it was so great).
Turn your thinking around: Will the seller really want to lose a cash sale over $1,000? Force the seller to make the decision.
Therefore, if you really want the car, show up with cash and make your offer - if the seller declines, then walk away.
Do not get emotionally attached.
I'll say it again: do not get emotionally attached.
Its a buyers market, another equally good or better car will turn up at the same or better price within a short time.
Make sure that you have $2,000 left over after the purchase to fix whatever the owner "forgot" to mention or anything that happens to crop up in the first year of ownership. It is normal to need a few repairs on a 10+ year old car.
Get ready to own the best car of your life and start living the dream!
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Ok so here's what I did:
Basically sent him an email explaining that I am a serious buyer and reminding him that he could have cash. Also mentioned the IMS problem explained to me by a Porsche mechanic (which I would be taking off his hands) and told him how Edmonds appraised the car (which is well below his asking point).
Don't know if this was the right move or not. Don't want to sound too desperate or arrogant. But, hey, I can still walk away if he balks. No harm.