Have cash, how low will you go?

[mtnpull]

Ok, quick rant here. I sell a lot of used ATV's and snowmobiles and I constantly get calls where the person on the other line says something like this. "I know your ad says $2500 but I have cash, what can you do for me?" Or "Will you take $2000 cash?" WTH! Seriously, cash, check, whatever, as long as it is good why is the "cash" so much better that I want to knock 500 off my low price(I usually have listed my range of price from high to low)? I don't care if you pay with cash or check or you get a loan, just give me the money and I give you the machine. It is all the same to me.

Ok, rant over.

 

[big-zig]

"Cash" offers imply you will not have to report the sale or all of the sale proceeds as income if you are in business, or you choose not to report the "real" sale amount and keep it off the books. Cash also implies security and a guarantee the funds are good.

 

[14longshot]

^^x2

 

[wjl]

Agree with above x 3
Also you do not have to deal with the "bounced" check or deal with the 5% fee and other Bs with credit cards.
Cash is there right away no questions asked.

 

[DragonFreak]

x4. cash has always worked for me

 

[2XM3]

Yup cash is always better, lets say the sled is over 10k, well cash goes in the pocket,10k check gets reported to irs by the bank...and of course ur paying the correct tax on your profit,right ??? And if ur selling a few a year guess what, ur now a "buisness" oops more tax and paperwork........so yeah, ill knock off 20% for folding money in a heartbeat.

 

[mtnpull]

Ok, here's the deal. I have a equipment line of credit. Every cent I get from the sale of the equipment weather it be cash or check is put down on the loan. What I do get is less interest on my loan by taking more money up front. It doesn't cost me more in taxes, or inconvenience to take more money, or to not report it in my books. It is not considered income and therefore not taxed as income. It is only an depreciating asset that is now off the books. So cash as implied really does me no favors.

 

[sledhead ut]

Ok, here's the deal. I have a equipment line of credit. Every cent I get from the sale of the equipment weather it be cash or check is put down on the loan. What I do get is less interest on my loan by taking more money up front. It doesn't cost me more in taxes, or inconvenience to take more money, or to not report it in my books. It is not considered income and therefore not taxed as income. It is only an depreciating asset that is now off the books. So cash as implied really does me no favors.

So what's your bottom line CASH price??????????? LMFAO

 

[mtnpull]

So what's your bottom line CASH price??????????? LMFAO

Nice avi! Hahaha.

 

[NewMTNsldr]

So.... I only have a credit card.... what's your bottom line price now?

 

[mtnpull]

So.... I only have a credit card.... what's your bottom line price now?

+3%. Hahaha.

 

[PJ-Hunter]

Some folks are more comfortable with a stack of genuine $100 bills in hand than a check. Now, if it is a money order or a cashier's check, it's all the same.

 

[Sunridge Sledhead]

Unfortunately, I think we live in a society where most people don't see the asking price as "the price!" Personally, I prefer to pay what someone is asking if I really want to purchase the item. I consider it my responsibility to do my homework and know if the price is reasonable. If not, I will purchase it somewhere else. So, what I hear some people saying is cash is better because you can lie and cheat if you accept cash?

 

[mtnpull]

Some folks are more comfortable with a stack of genuine $100 bills in hand than a check. Now, if it is a money order or a cashier's check, it's all the same.

Unfortunately, there is a great deal of fraud these days with cashiers checks, and anytime I get a big stack of fresh $100 bills I run to the bank immediately and have them check and make sure they are not counterfeit. I have never had a bad deal yet, but when you make 40 sales like this a year you got to be careful.

Unfortunately, I think we live in a society where most people don't see the asking price as "the price!" Personally, I prefer to pay what someone is asking if I really want to purchase the item. I consider it my responsibility to do my homework and know if the price is reasonable. If not, I will purchase it somewhere else. So, what I hear some people saying is cash is better because you can lie and cheat if you accept cash?

 

[shortstop20]

If I was paid in cash I'd be inspecting those $100 bills like a Hawk.

 

[snowhawkaddict]

And I know a guy who payed hundreds for a Hawk.

If I was paid in cash I'd be inspecting those $100 bills like a Hawk.

But your rant sounds more like a whimper, if the prices posted were what they wanted to pay they'd do it.

 

[DRAPE]

I could see how those calls would get annoying. I've learned the only way to help avoid those calls is to put it in your ad.

Statements like "firm on price", "serious calls only" and other things usually weed out the the douches that want to dally dick around with price.

Me personally, I hate checks, cashier checks etc... Sometimes their inevitable. Even when I buy something, depending on what it is, I always pay in cash.

 

[WXNic]

i only accept gold as for a discount! sometimes i'll say "make a fair offer" for an item. i just got an email about an item where the "fair offer" was half-price "cash in-hand." I told him to take the "cash in-hand" and put it somewhere else.

 

[mtnpull]

i only accept gold as for a discount! sometimes i'll say "make a fair offer" for an item. i just got an email about an item where the "fair offer" was half-price "cash in-hand." I told him to take the "cash in-hand" and put it somewhere else.

Your response to him sounds "fair" to me.