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The purpose of this step is to find out as much information as possible
before you go to see the car, by asking the following types of questions:
- Was the car ever involved in accident?
- Does the car have any paint work or need any paint work from previous repairs?
- Are there any scratches dents, dings, etc. on the car?
- Is the mileage the actual or TMU (true mileage unknown)?
- Has anything ever been repaired on the car? Why? Do they have repair receipts?
- Should any major repairs be done on the car now - brakes, exhaust, transmission,
electrical, etc?
- Do they have service reports?
- Do they have manuals for the car?
- How long have they owned the car? How many owners had that car?
- Do they have the title and is it a clean or is it salvage?Ask
the owner to give you the VIN (Vehicle identification number) so you can pull
the Carfax history report.
On the home page of the www.OmegaMotors.com
you can check the vehicle history in the meter of minutes
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Before you go to see the car, ask any questions that concern you regarding
the particular car. That will help you get the right price for the right car.
When asking about scratches, if the answer is yes, ask more about it (How big
is it? Where is it? How many scratches are there? How did they get there? etc).
If you are still interested in the car, after being satisfied with the answers,
the next question is "How negotiable are you?" You should emphasize
that you are serious buyer. Do not make your final offer over the phone, leave
room for more after you see the car and re-evaluate it, factoring its physical
and mechanical condition.
Sample negotiations
A few sample scenarios of what the negotiation conversation over the phone might
be like: Buyer would use opportunity of phone conversation in order to find out
some details regarding object of sale and to decide whether to pursue the offer.
Options regarding communication between the seller and potential buyer:
- If
the seller states that he is not very negotiable this means
that there is limited price variation which can be acceptable for him. Potential
buyer should act seriously without making final offer over the phone without evaluating
the car.
- If
seller offers the buyer to come and see the car and then discuss the price
buyer should continue the conversation in order to see how negotiable the
seller is. If the seller is unsure of the real car value this approach would not
get him wanted price.
- If the
seller states that price is not negotiable potential buyer should show
that he is serious and knowledgeable with enough money and firm intention not
to waste any time. This approach would bring him better idea how negotiable the
buyer is.
- Further
communication options could include the seller that may not disclose
some information on purpose or due to his being not aware of it. Should the car
be damaged the potential buyer would need to see it before making any offer.
- Phone
negotiations would yield some information on the car condition , how
firm is the price. Should all this info obtained make the buyer interested he
would need to find out if his offer described as around value would be negotiable
by the seller. Sellers usually wish to sell ASAP and are willing to take less
and be done with the sale.
- If
the object of sale/car seems perfect to potential buyer but the price is much
higher
than what he is willing to pay, he may then leave his personal
data should the buyer reduce the price. If this happens at later stage buyer would
be in better negotiable position.
The best advice to potential buyer
would be to find cars that are close to the right price he is willing to pay.
Should chosen classifieds not give him desired results potential buyer then may
go to higher price range cars and negotiate more.
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