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Topic: What is a lowball offer? - page 2. (Read 3962 times)

hero member
Activity: 504
Merit: 500
June 29, 2011, 12:13:56 PM
#5
only the seller can decide what a lowball offer is.

I think a lowball offer is something I would not accept. If price is firm on 100$ and someone offers 95$ and I do not accept, it was a lowball offer.

If someone loballs me, i will highball them...

max, how much you asking?
100$
ok ill give you 90$.
no way i said nothing klower than 110$.
wait a sec, you said 100$
ok do we have a deal then?

whenever i sell something with an add, i keep the add online a bit after the item was sold. if poeple lowball me i will accept and give them a wrong address, hopefully somewhere i can watch... Wink
hero member
Activity: 1148
Merit: 501
June 29, 2011, 12:03:35 PM
#4
alot of people buy overpriced hardware and have no idea about depreciation.

he doesn't even say what kind of cpu it has...2.4ghz i have to assume it's a q6600 which is old as hell at this point and maybe worth $100.

250 might be a little low but not crazy.  995 is insane. you can get a new i7, 12gb system for that.
member
Activity: 266
Merit: 10
June 29, 2011, 11:02:18 AM
#3
Wow, he really wants $995 for that thing? I wouldn't pay that much if it was BRAND NEW.
full member
Activity: 238
Merit: 100
June 29, 2011, 10:25:02 AM
#2
cool story bro

rage moar, learn how bargaining works.
sr. member
Activity: 392
Merit: 250
June 29, 2011, 10:04:41 AM
#1
What is a lowball offer? Is "lowball" a relative term?

What if the person just has unrealistic expectations of what his product is worth?
"Lowball", to me, is where the prospective buyer lops off 1/2 the price for no reason, just to see if the seller is desperate and/or because he is greedy/cheap.

For example, if I were selling a 23" LCD monitor in like-new condition (which cost $150 new today) for $80, and someone e-mailed me with:
"I'll give you $40"

THAT would be a lowball offer. Offering $40 is uncalled for; $80 is a decent price for a monitor whose only fault is missing the original packaging (it works, looks like new, no scratches on the screen or dead pixels, etc.) Now offering $70 -- that's part of buying/selling used. The buyer wants to feel like he's getting a good deal. So moral of the story: DON'T price things at the lowest price you're willing to accept. Better to say "$450" than "$400 firm". I don't think I've ever bought anything where the price was "firm" -- it makes the seller sound -- well, stubborn!

But what if the seller is charging too much? Maybe he wants $160 for a Sapphire 5830, or he wants $250 for a 5870. A price that wouldn't be profitable for mining *in the present time*.

You run your calculations, come up with a price that you'd see payoff in FIFTY or more days, and make an offer. Is that a lowball?

What about this guy, who had a computer built 3 years ago (Altex is an expensive local PC store -- their stuff is overpriced to begin with):

http://sanantonio.craigslist.org/sys/2468133543.html

If I offered him $250 (more than it's worth, probably!) would that be a "lowball offer"?
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