LOL - Craigslist pricing

[2timer]

It's kind of funny to watch how people will price their used items, especially when it's something you don't see on retail shelves. This is the perfect example of how such things are totally subjective:

http://sacramento.craigslist.org/sys/3862656988.html

http://sacramento.craigslist.org/sys/3862862790.html

Now, if you ask me, what the first guy needs to do is buy the 2 for $25, creating pressure on the CD duplicator supply side :awe:

 

[Lifted]

Subjective? He has a link right to the product in his listing.

$739 new http://www.aleratec.com/260170.html

And you're comparing a somewhat modern CD/DVD copier with lightscribe to 2 OLD CD only units.

I'm not sure how much use those really are these days, but 5+ years ago small businesses still had a real need for them.

 

[noobsrevenge]

one is cd only, one is cd and dvd. or is that part of the subjectivness?

addendum: but your right, 450 is still ridic. for that.

 

[Red Squirrel]

Hmm that's almost tempting TBH, we have one at church but it's a gamble if it's going to work, or produce coasters. Then again we don't use it all that much these days. We finally stopped recording to tape a few years ago.

 

[2timer]

Subjective? He has a link right to the product in his listing.

$739 new http://www.aleratec.com/260170.html

And you're comparing a somewhat modern CD/DVD copier with lightscribe to 2 OLD CD only units.

I'm not sure how much use those really are these days, but 5+ years ago small businesses still had a real need for them.

I missed that part, actually. Sometimes I get lost in the copy pasting of useless specs.

 

[fustercluck]

People do often ask way too much for their crap. Especially automobiles I've noticed since I've been looking for a new car. Have these people ever heard of Kelly Blue Book? Seen many many listings of people asking 5 grand+ over the kelly blue book prices for their vehicles. They just keep reposting them every day at the same price. Along with the people who put lots of "upgrades" into their vehicle so add on to the price of the car exactly what they paid for all the upgrades which are not worth nearly as much as they think. Oh wells!

 

[Hail The Brain Slug]

People do often ask way too much for their crap. Especially automobiles I've noticed since I've been looking for a new car. Have these people ever heard of Kelly Blue Book? Seen many many listings of people asking 5 grand+ over the kelly blue book prices for their vehicles. They just keep reposting them every day at the same price. Along with the people who put lots of "upgrades" into their vehicle so add on to the price of the car exactly what they paid for all the upgrades which are not worth nearly as much as they think. Oh wells!

I actually had a lady tell me that she didn't give a shit she was asking more than double KBB value on her car and that she wouldn't bargain. I immediately left without even looking at it.

 

[Bateluer]

People do often ask way too much for their crap. Especially automobiles I've noticed since I've been looking for a new car. Have these people ever heard of Kelly Blue Book? Seen many many listings of people asking 5 grand+ over the kelly blue book prices for their vehicles. They just keep reposting them every day at the same price. Along with the people who put lots of "upgrades" into their vehicle so add on to the price of the car exactly what they paid for all the upgrades which are not worth nearly as much as they think. Oh wells!

People list their items for more than they expect to get because the Craigs List idiots will always offer a fraction of that first. I had a guy offer about 30% of what I had my Samsung Chromebook listed for. You want to negotiate on price, fine, but make a realistic offer. Don't waste my time with extreme low ball BS. The Crown Prince of Nigeria offered better.

 

[fustercluck]

Speaking of people asking too much for items, just saw this on ebay ^_^

People list their items for more than they expect to get because the Craigs List idiots will always offer a fraction of that first. I had a guy offer about 30% of what I had my Samsung Chromebook listed for. You want to negotiate on price, fine, but make a realistic offer. Don't waste my time with extreme low ball BS. The Crown Prince of Nigeria offered better.

Yeah I get that but there are a lot of people going far above fair pricing and not coming down on them at all. But buying stuff on Craigslist is a lot easier than selling all things considered.

 

[QueBert]

cars can be a tricky thing, I recently sold my Camry on CL, and I was asking well over KBB, in 3 days I had like 20 people contact me. About half knew what KBB was and still were interested in buying it. I ended up selling it for $6,700 and KBB was $5,900. I had offers coming out the wood works.

Shit that nobody really wants you won't even get market value unless you're super lucky. Anything a lot of people want you can get away with over charging on it.

 

[natto fire]

It's called capitalism, and it is actually very popular. If you think there is another way to determine market values then have a go at it. Most alternatives have not been very successful due to many factors, greed being a huge one.

 

[2timer]

People list their items for more than they expect to get because the Craigs List idiots will always offer a fraction of that first. I had a guy offer about 30% of what I had my Samsung Chromebook listed for. You want to negotiate on price, fine, but make a realistic offer. Don't waste my time with extreme low ball BS. The Crown Prince of Nigeria offered better.

He asked for 30% off the price or 30% *of* the price?

 

[Farang]

KBB is far from a rule. Here in the Seattle area (and I'm sure many other areas), it would be a joke to offer KBB for a used Toyota, for example.

 

[Raduque]

Heh, KBB on my truck is about 10k. I'd list it for around 15 and let somebody talk me down, so they could feel they "got a deal" or "put one over on" me.

 

[Bateluer]

He asked for 30% off the price or 30% *of* the price?

30% of the asking price. I was asking 100 bucks for it, he emailed me with an offer of 30.

 

[Farang]

People list their items for more than they expect to get because the Craigs List idiots will always offer a fraction of that first. I had a guy offer about 30% of what I had my Samsung Chromebook listed for. You want to negotiate on price, fine, but make a realistic offer. Don't waste my time with extreme low ball BS. The Crown Prince of Nigeria offered better.

Some people might do this. I list what I want, maybe add a tiny bit to make someone feel good about negotiating. But generally I am firm on price.

Example I recently sold my bike for $600. Some guy came from an hour outside of town (I always show items within a couple minutes walk from my house) and offered me $550. I said no. Then $575. I said no--you're the first person to look at this, I'm not in a rush and I'm sure someone will eventually pay the $600.

Dude left, wasted 2 hours of his time. Bike sold the next day at full price. Anyway it just comes down to knowing the market.. I am pretty familiar with the market for that bike

I don't mind lowballs because I don't devote a lot of time to showing stuff. I make buyers come to me.

 

[Zeze]

Some people might do this. I list what I want, maybe add a tiny bit to make someone feel good about negotiating. But generally I am firm on price.

Example I recently sold my bike for $600. Some guy came from an hour outside of town (I always show items within a couple minutes walk from my house) and offered me $550. I said no. Then $575. I said no--you're the first person to look at this, I'm not in a rush and I'm sure someone will eventually pay the $600.

Dude left, wasted 2 hours of his time. Bike sold the next day at full price. Anyway it just comes down to knowing the market.. I am pretty familiar with the market for that bike

I don't mind lowballs because I don't devote a lot of time to showing stuff. I make buyers come to me.

^ This all the way.

Why do people get offended at low balling? Just say your price is firm. No one is making you to haggle.

I've listed my '03 Mazda 6 on CL now. It's in no rush to sell. Lots of people ask me and try to low ball me. I politely say 'I'm in no rush to sell and not ready to lower the prices yet when I'm constantly getting inquiries."

 

[rudder]

I think people do this because they know the average person is a moron. I have sold used crap on eBay that ended up selling for more than the item costs new.

 

[Jimzz]

KBB is also crap for many, most?, places. Its either way high or way low. I think they are having a hard time keeping up with the current flux of car prices as my truck to them has jumped over 2k in value since I bought it.

Look what your state uses for tax purposes. In VA they use NADA.

 

[Gillbot]

People list their items for more than they expect to get because the Craigs List idiots will always offer a fraction of that first. I had a guy offer about 30% of what I had my Samsung Chromebook listed for. You want to negotiate on price, fine, but make a realistic offer. Don't waste my time with extreme low ball BS. The Crown Prince of Nigeria offered better.

Using CL, you have to list at 2x the price because nearly everyone offers 50% of whatever price you have posted anyway.

KBB is far from a rule. Here in the Seattle area (and I'm sure many other areas), it would be a joke to offer KBB for a used Toyota, for example.

Heh, KBB on my truck is about 10k. I'd list it for around 15 and let somebody talk me down, so they could feel they "got a deal" or "put one over on" me.

KBB on my car was 17k, I listed it at 15k and ended up getting 10k out of it. KBB is utterly useless most of the time.

 

[drebo]

An item is only worth what someone will pay for it.

An unrelated 3rd party saying it's worth $10k doesn't mean someone will pay $10k for it. If the buyer is only willing to pay $5k, it's only worth $5k.

 

[stag3]

nice plextors on the 2nd ad. i wish they still made consumer drives but alas the chinese knock offs killed them hah

 

[dabuddha]

I posted this in another thread. I recently sold my 50" samsung DLP tv for $500 on craigslist. Had to list it for almost a year and it took me awhile to find a buyer but I eventually did. It sells for about $450 on amazon. My theory is that there is always a chump out there that's ready to pay what you're asking for.

 

[dabuddha]

An item is only worth what someone will pay for it.

An unrelated 3rd party saying it's worth $10k doesn't mean someone will pay $10k for it. If the buyer is only willing to pay $5k, it's only worth $5k to that buyer.

Fixed

 

[Sonikku]

I have a brand new vintage computer printer from the 90's to sell. Still sealed!

Only $500.