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Old 07-08-2009, 11:26 AM   #41
Bertuzzied
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I think its to save on Credit Card processing fees. It makes sense at a smaller buisness, but not selling privately.

Every chinese food flyer I have have similar cash discounts.
hahhaa. Wishful thinking..... hehe
then they in turn call Fanin80 up with that cash
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Old 07-08-2009, 11:29 AM   #42
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Thats a favorite of mine as well. A buddy of mine is a car salesman and he gets that all the time. WTF does he care how they pay, the dealership would rather you not pay cash all up front they make more money in the long term and a big company can handle not getting payment instantly.
Many small businesses will give you discounts based on cash. It avoids VISA processing fees, etc. and it also leaves no record so it could be pocketed and not put on tax. People erroneously apply this to big businesses as well.

A lot of small computer companies, ethnic restaurants, etc. will all give cash discounts. The idea of cash also for buying from private sales is that the guy gets instant money and not something more dubious like a cheque that might not cash, etc. Cash upfront definetely has..."cache".

Last edited by Hack&Lube; 07-08-2009 at 11:32 AM.
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Old 07-08-2009, 11:31 AM   #43
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Well we better check in with the Native Canadians as to how we should conduct ourselves then.
Well maybe we should start a list if you're not sure..

1. Lowball/cheap offers are insulting to the person trying to sell something
2. Spitting in public is considered rude and disgusting.
3. Burping should be followed with "excuse me".
4. Farting in public should be avoided and if it can't be avoided, pretend it wasn't you.
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Old 07-08-2009, 11:34 AM   #44
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Yeah, I get the cash discount at a store or restaurant or wherever... but phoning someone off Kijiji and expecting a discount for paying cash for their used iPhone is not even close to being the same thing.
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Old 07-08-2009, 11:34 AM   #45
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When we were trying to sell our house in Calgary about 2 years ago some guy called me up and offered me about $80,000 less than I was asking and told me it was a cash deal and that it could close next week. I told him that it was the funniest thing I've heard all day and to stop wasting my time. He called back the next day and offered me $75,000 under asking.

The last time I was selling a car I had an email from someone asking that I donate it to a family who has a child with some degenerative bone disorder.
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Old 07-08-2009, 11:34 AM   #46
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If you don't say in the ad that the price is "firm", people might assume that they are supposed to negotiate or that you will take the "best offer". Believe it or not, so people will sell stuff at a huge discount if it is the best offer and they really need to get rid of it.

Personally, I hate haggling when I am buying and selling. I absolutely detest it. Even when I was in Mexico, I wouldn't bother. I just inspect the item and use my judgement to figure out if I think the person is trust worthy.
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Old 07-08-2009, 11:35 AM   #47
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4. Farting in public should be avoided and if it can't be avoided, pretend it wasn't you.
Hahaha, nice.

5. Dressing like a Cowboy makes you appear "hip" and "with it" during Stampede week.
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Old 07-08-2009, 11:35 AM   #48
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Well maybe we should start a list if you're not sure..

1. Lowball/cheap offers are insulting to the person trying to sell something
2. Spitting in public is considered rude and disgusting.
3. Burping should be followed with "excuse me".
4. Farting in public should be avoided and if it can't be avoided, pretend it wasn't you.
Did you run that list by a focus group of Native Canadians? Because it seems to me that they should have the final say, not some white immigrant who came to this country. Given what Native Canadians sold their land for, I would guess that number one on your list would not be on their list.
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Old 07-08-2009, 11:36 AM   #49
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Yeah, I get the cash discount at a store or restaurant or wherever... but phoning someone off Kijiji and expecting a discount for paying cash for their used iPhone is not even close to being the same thing.
It sometimes works. I've sold things privately and given small discounts for cash upfront (saves hassle, problems with cheques bouncing, EMT payments, paypal problems, etc.)

Maybe if they are fenced goods the guy will let em for for cheap and for cash quick. Doesn't hurt to ask.

The real problem is that your ad just wasn't clear enough. Put it in bold the THE PRICE IS FIRM. NO NEGOTIATION.
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Old 07-08-2009, 11:37 AM   #50
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If you don't say in the ad that the price is "firm", people might assume that they are supposed to negotiate or that you will take the "best offer". Believe it or not, so people will sell stuff at a huge discount if it is the best offer and they really need to get rid of it.

Personally, I hate haggling when I am buying and selling. I absolutely detest it. Even when I was in Mexico, I wouldn't bother. I just inspect the item and use my judgement to figure out if I think the person is trust worthy.
I suspect that with a lot of people, even using the word "firm" in your ad wouldn't stop them from haggling with you.

Some people just don't get it.
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Old 07-08-2009, 11:39 AM   #51
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You're not in China anymore. If I was an immigrant living in China, or even just a visitor, I would refrain from doing things or acting in a manner that may offend the Chinese.
The same applies here.
So what IS the golden rule, may I ask? As a person born and raised in Canada, I think that we negotiate on cars, on line, in person, and at the dealership. Is there some sort of percentage rule? No lower than rule? Only within a certain limit rule? So these guys low balled you, but they are actually following the canadian societies accepted car buying practice, are they not? They are just going too far with it, that's what your saying?

And no offense, but if someone was to sell you a car for half price, you'd pay, right? Or would you not be able to go against our countries policy of no mega barter and pay more?
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Old 07-08-2009, 11:39 AM   #52
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You never know if you don't ask. Why pay full price when someone is willing to take less? Maybe they're hoping you're desperate to sell. And it's just an email, delete and move on with your life.
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Old 07-08-2009, 11:40 AM   #53
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Did you run that list by a focus group of Native Canadians? Because it seems to me that they should have the final say, not some white immigrant who came to this country. Given what Native Canadians sold their land for, I would guess that number one on your list would not be on their list.
Yeah... I ran the list by some buddies over on the T'suu Tina Reserve. They were all for #1 on the list.
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Old 07-08-2009, 11:42 AM   #54
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My point had nothing to do with the color of their skin... but with the fact that they appeared to be non-native born Canadians (ie. immigrants) who continue to try and do business like they were still living in the country of their birth.
White people may not haggle, but they are cheap too.
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Old 07-08-2009, 11:43 AM   #55
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So what IS the golden rule, may I ask? As a person born and raised in Canada, I think that we negotiate on cars, on line, in person, and at the dealership. ?
OP specifically stated its the offers were "insulting," it's in the thread title and everything.

He was offered under half of this listed price, if I went shopping for a new $50,000 car and offered the salesman $20,000 then I would consider that rude.
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Old 07-08-2009, 11:43 AM   #56
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It sometimes works. I've sold things privately and given small discounts for cash upfront (saves hassle, problems with cheques bouncing, EMT payments, paypal problems, etc.)

Maybe if they are fenced goods the guy will let em for for cheap and for cash quick. Doesn't hurt to ask.

The real problem is that your ad just wasn't clear enough. Put it in bold the THE PRICE IS FIRM. NO NEGOTIATION.
I never said I wouldn't haggle. In fact, I always tack some onto the price because I know I'm going to get 20 emails and only 2 of them are going to be offering the listed price. I don't mind haggling at all... but don't be ######ed about it. If you see a phone listed for $400 and everyone else is listing for $500... don't call the guy up and ask if he'll take $200 if you pay in cash.

If someone wants to accept a personal cheque from a complete stranger who responded to their add on Kijiji, that's certainly their prerogative. I only take cash, and I don't give discounts for it.
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Old 07-08-2009, 11:45 AM   #57
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So what IS the golden rule, may I ask? As a person born and raised in Canada, I think that we negotiate on cars, on line, in person, and at the dealership. Is there some sort of percentage rule? No lower than rule? Only within a certain limit rule? So these guys low balled you, but they are actually following the canadian societies accepted car buying practice, are they not? They are just going too far with it, that's what your saying?

And no offense, but if someone was to sell you a car for half price, you'd pay, right? Or would you not be able to go against our countries policy of no mega barter and pay more?
Last year I bought a 2008 Mazda Tribute from Kramer Mazda. IROC the sticker list price was about $32,000. I didn't go in there and ask if they would accept $15,000. That would have been an insult to them and a waste of their time.
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Old 07-08-2009, 11:54 AM   #58
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Last year I bought a 2008 Mazda Tribute from Kramer Mazda. IROC the sticker list price was about $32,000. I didn't go in there and ask if they would accept $15,000. That would have been an insult to them and a waste of their time.
Mazda has the naming rights for the IROC now? Yikes! I don't think Edmontonians will approve.

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Old 07-08-2009, 11:54 AM   #59
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The real problem is that your ad just wasn't clear enough. Put it in bold the THE PRICE IS FIRM. NO NEGOTIATION.
This works decently but the way I deal with it is something along the lines of...

1) Figure out the absolute minimum I'm willing to take.
2) Jack the price up by 10-20%. That price is a good asking price for a place like CP's buy and sell.
3) If you're posting on a much more anonymous place with a wider audience, jack it up by an additional 20%.
4) Feel free to accept whatever 'lowball' offers you get that are still above your minimum from step 1.

You're going to get lowballed advertising on internet classifieds; accept that as a fact and build it into your asking price. You'll walk away with approximately how much you want and they'll walk away happy thinking they're so smart and just fleeced you. Everyone wins.
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Old 07-08-2009, 11:57 AM   #60
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We Asians love to bargain. It's in our blood In China, if you are paying more than 1/4 of their original offering price, you're being ripped off.
I'll have to remember that the next time I'm eating in a Chinese restaurant.
If the bill comes to $100 I'll offer them $25.
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