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  #1  
Old 07-09-2012, 07:47 AM
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Default "How much will you take for CASH?"

Sell anything lately?

Why do people think they are doing you a favor offering you CASH? Do they think you'll be accepting some other form of payment? I sold the last of my old lawn tractors last week & one guy kept asking/repeating over & over - CASH "I'm talking COLD HARD CASH" he says. Finally I had to tell him I ain't taking no credit cards and swapping services with his ole' lady just wasn't appealing to me (honestly I never saw her or him for that matter - it was all over the phone).

It's being sold for cash, always cash, nothing but cash, so cash it is!

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Old 07-09-2012, 08:05 AM
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I guess some people feel that in a world of checks, credit/debit cards and online transfers, people will get excited about seeing lump sums of cold hard cash waved in there face. Worked for us 3 weeks ago thanks to your buddy Dan.

Doesn't your iPhone have a credit card reader app????

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Old 07-09-2012, 08:12 AM
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Hahaha...no duh over the phone?! Always flash the cash in person on a sale! Especially a bigger item. Only time I ask on the phone for cash discount is when I am buying goods/services. Bought two 8" maple trees this spring and had em spayed in....cash deal...and had my attic blown in insulation last year, same deal. Stuff like that I get pretty good cash deals on.

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Old 07-09-2012, 09:13 AM
marxjunk marxjunk is offline
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i have some stuff on CL..i only put junk or stuff so big its hard to ship..i have an NOS valance, they constantly bring 200+ on ebay, i got it on there for $100, its plastic, its gonna get broke eventuially, anyway, i have these 2 guys that want it, they call and ask, and i say $100, and they come back with "its repopped, ill give you CASH and pay what the repop is and the shipping...which comes up to about $60, i say sorry...NO, they come back with hey Im making you a CASH offer..and i say, thanks, but no..then they come back with "hey buddy, its cash who else is gonna do that/"

and i lose,..i say first buddy...it says $100 firm period, second i'm not taking offers its $100 cash...if the repops are that cheap you should buy a repop..then they loose it...hey its a good cash offer...and i say, look its $100...not 99...not 97...$100 and then they give me this crap about cash is king blah blah...i say "im not desperate, ive had it fo 10 years, i could be good with 10 more" and they just kept pushing the cash end...i finally hung up..i thinkl its 2 buddies trying to work me to adjust the price...but i want $100...CASH...loosers, i swear...

and everything i have for sale locally, all i hear is a half proice offer and its cash...i'll throw the stuff in the scrap pile...im sick of it ...i need a vacation..

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Old 07-09-2012, 09:20 AM
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I too won't accept anything but cash. People ask if I will hold an item for them and I tell them the only thing I will be holding is the cash for the item when I sell it. I also hate when people always give an offer over the phone or by tex and have never seen the item.

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  #6  
Old 07-09-2012, 09:27 AM
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Cash for me, buy or sell.

When I buy I ask for the seller's best price. IF good enough I take it and if not I walk. Sometimes I counter offer but usually it doesn't go far. (so you have to be ready to walk. If you really need it you just go for it...)

When I sell I ask a bit more than I would like, since everyone wants to "win" the deal. But if it's a rare or desirable part I price it right to begin with, maybe a little high to start but if it's not way out of the ballpark it sells.

So now you know how to buy from me.....Just don't ask about the 4 speed cars...

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Old 07-09-2012, 09:29 AM
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This weekend I got a call for a clothes dryer we have on Craigslist. Guy calls up, asks about the dryer, I give him the model number, price, etc., and he says "will you take less?"

I say "Maybe, but I don't deal over the phone. If you want to deal, show up with cash in hand and we'll talk."

The fool says "That's unacceptabler to me. I have to know the price before I drive 30 miles." I say "I guess you won't be buying this dryer, then. Thanks for calling."

I get, "wait, wait. My wife really likes that brand of dryer. I really would like to buy it if the prices is right. How much will you take?"

I go through the same set of parameters as above. Now he's getting angry. "I can't understand why you won't name a price." I say "You have to show up with U.S. currency in hand and be ready to pay me on the spot if we strike a deal."

(Click!)

People are idiots.

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Old 07-09-2012, 09:47 AM
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Offers of cash do work to possibly have a lower price in some instances. Usually service related. I offered cash to a tree removal company a few years ago, they dropped the price about $600 bucks (it was for about 11 big trees). Yes, I know they probably never reported this as income to the IRS, which is why a lower cash price is attractive.

But this doesn't make sense when buying / selling items through CR or similar though. It should almost always be cash.

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  #9  
Old 07-09-2012, 09:57 AM
26667 26667 is offline
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When dealing on a car at a dealer, a cash offer is not always the best way. Then they know they won't make anyrthing in finance. Plus a lot of people don't realize that dealer gets paid in full in a day or two anyway.

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Old 07-09-2012, 10:14 AM
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I'm guessing it's strictly conditioning with those folks based on cash sales aren't reported to the IRS nor for state sales tax.
Plus it worked when Daddy used to say it.....................

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  #11  
Old 07-09-2012, 10:28 AM
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It has to be the mindset - if you buy 99.95% of everything you own at a big box store then you must think that when you buy something privately CASH will have a big impact. But if you buy/sell a lot of items privately - you know it has no bearings - it's going to be cash.

From a business standpoint I can see where it may have an impact trading cash for services, not having to pay taxes, workman's comp etc for the revenue. Although I wouldn't know as I've never been offered or taken cash for services while I've owned my construction company.

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Some guys they just give up living
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Some guys come home from work and wash up,
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  #12  
Old 07-09-2012, 10:48 AM
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How much would you knock off the price of a 30x40 garage if you were offered cash Chris?

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  #13  
Old 07-09-2012, 10:52 AM
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Nothing Pat, sorry, have to run everything through the books.

Although I have heard that some guys will give 10% and sometimes up to 20% if they are looking to pick up a car or something like that.

It would also depend on what the margin was on the project and how good of a friend you were....from what I hear.

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Some guys they just give up living
And start dying little by little, piece by piece,
Some guys come home from work and wash up,
And go racin' in the street.


Bruce Springsteen - Racing In The Street - 1978

Last edited by The Boss; 07-09-2012 at 10:59 AM.
  #14  
Old 07-09-2012, 11:27 AM
PonchoV8 PonchoV8 is offline
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Old timers say "cash money".

I like the people who try to dicker you down because so-and-so has one for less money. I just tell them that sounds like a good deal and probably the one to buy. I'm not hurting for money and I'll wait for my price.

  #15  
Old 07-09-2012, 12:01 PM
'ol Pinion head 'ol Pinion head is offline
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Quote:
Originally Posted by marxjunk View Post
i have some stuff on CL..i only put junk or stuff so big its hard to ship..i have an NOS valance, they constantly bring 200+ on ebay, i got it on there for $100, its plastic, its gonna get broke eventuially, anyway, i have these 2 guys that want it, they call and ask, and i say $100, and they come back with "its repopped, ill give you CASH and pay what the repop is and the shipping...which comes up to about $60, i say sorry...NO, they come back with hey Im making you a CASH offer..and i say, thanks, but no..then they come back with "hey buddy, its cash who else is gonna do that/"

and i lose,..i say first buddy...it says $100 firm period, second i'm not taking offers its $100 cash...if the repops are that cheap you should buy a repop..then they loose it...hey its a good cash offer...and i say, look its $100...not 99...not 97...$100 and then they give me this crap about cash is king blah blah...i say "im not desperate, ive had it fo 10 years, i could be good with 10 more" and they just kept pushing the cash end...i finally hung up..i thinkl its 2 buddies trying to work me to adjust the price...but i want $100...CASH...loosers, i swear...

and everything i have for sale locally, all i hear is a half proice offer and its cash...i'll throw the stuff in the scrap pile...im sick of it ...i need a vacation..
At a big swapper in the early 90's, an old friend had a ton of nos parts tubbed & laid out & a couple of Corvair idiots wanted to buy an nos steering wheel center cap off him. One went on and on, even called another of his buddys over to confirm what it ought to be priced at. My friend had it priced right, but the cheap b#strds kept yammering until my old friend grabbed a hammer from under table & whacked the centercap real good, destroying it. As a hardcore Pontiac restorer, Im sure he wouldn't have done the same to a hard to find Pontiac part, but it was the highlight of the week!

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  #16  
Old 07-09-2012, 12:05 PM
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10% more for CASH

  #17  
Old 07-09-2012, 12:46 PM
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Quote:
Originally Posted by Norwood View Post
10% more for CASH
I'll knock 10% off if you pay me in pennies dated prior to 1982.

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Some guys they just give up living
And start dying little by little, piece by piece,
Some guys come home from work and wash up,
And go racin' in the street.


Bruce Springsteen - Racing In The Street - 1978
  #18  
Old 07-09-2012, 01:53 PM
ANDYA ANDYA is offline
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When selling/buying something on CL, swapmeets, yard sales etc obviously it's going to be a cash transaction. There are times however when "cash is king". There is a huge influx of Chinese immigrants coming into my area. When houses come up for sale they will show up with shopping bags full of cash. A friend of mine sold a 4 family house to the Chinese, they offered him an extra $100,000 cash if he could get rid of the tenants before the sale. The Russians also buy houses with cash in my area.

  #19  
Old 07-09-2012, 04:10 PM
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It has become worse since that TV show Pawn Stars became popular. Seems like everyone fancies themselves a negotiating expert and will give you "cash money right now"...LMFAO.

  #20  
Old 07-09-2012, 04:24 PM
Txbobcat Txbobcat is offline
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I always carry plenty of cash with me for those unexpected ocassions that I find something I want. I love to negotiate and think I am pretty good at it. I dont talk cash I show cash.

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