What is a fair offer?
#1
What is a fair offer?
So, I think I have finally found the truck that I want. It is an '06 King Ranch with 113,000 miles. The list price is $13,900 and the dealer just replaced the plugs, but the truck will need new tires soon. KBB says the typical listing prices is $16,207 and the fair purchase price is $15,398.
Is $13,900 a good price? I talked to the dealer about the tires and asked him how low he was willing to go. He said to make him an offer. What is a fair offer? Should I offer him closer to his price and have him put new tires on it? I am leaning toward offering him a lower price and putting tires on myself.
Any help is greatly appreciated!
Is $13,900 a good price? I talked to the dealer about the tires and asked him how low he was willing to go. He said to make him an offer. What is a fair offer? Should I offer him closer to his price and have him put new tires on it? I am leaning toward offering him a lower price and putting tires on myself.
Any help is greatly appreciated!
#2
Senior Member
Do they have in-house warranties? When I bought my 08, they gave me an in house warranty for as long as I owned it, so long as I performed maintenance there. It paid off because trans went out and they replaced it for $100 bucks.
I would offer a little less and ask for the warranty if available and do tires myself. I am wowed at that price since over 3 years ago when I bought the 08 with 97K on it, I think I paid 18K for it, amazing the values on trucks!
I would offer a little less and ask for the warranty if available and do tires myself. I am wowed at that price since over 3 years ago when I bought the 08 with 97K on it, I think I paid 18K for it, amazing the values on trucks!
#3
Mark
iTrader: (1)
Is that a 2WD or 4WD ? knock $900 off for tires.
#5
Mark
iTrader: (1)
That's a nice *** truck for $13K.. wonder what's wrong with it ? Have you listened to the motor and driven it yet ?
#6
Moderator
You can go either way. Offer low and make repairs yourself or offer closer to their price and make them do repairs. I use whichever method I feel will get me the best deal. When I bought my 07 KR I offered closer to their price and got new tires of my choice ($1100), a new power folding mirror ($900), a full tank of gas ($60), a better trade in ($10,000 for my old truck and motorcycle), and still a $1000 below what they were asking. Total was about $4000 under what they were originally asking. Where as if I went lower on the price I would have got less for nearly all of those things. The dealer apparently didn't check that a new power folding mirror was $900-1000. In the end it would have been about $1000-1500 more if I fixed all that stuff myself.
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#8
Yes, I listened to the motor and drove it. The engine was quiet with no ticking. It drove nicely. Other than the tires, there were a couple of minor things that are easily fixed (cracked third brake light, power mirror switch)
#9
Moderator
Cracked third brake light can let water in the cab. A quick check for that can be to pull the door sill up on both rear doors and look for signs of water. Not usually a big problem but could help with negotiations. When you drove it did you drive it for a good half hour to make sure and get the engine nice and hot to listen for the phaser clack? Mine took about 30 minutes of running before they phaser clack would show its ugly face.
#10
Cracked third brake light can let water in the cab. A quick check for that can be to pull the door sill up on both rear doors and look for signs of water. Not usually a big problem but could help with negotiations. When you drove it did you drive it for a good half hour to make sure and get the engine nice and hot to listen for the phaser clack? Mine took about 30 minutes of running before they phaser clack would show its ugly face.