How to make a lowball offer a seller will ACCEPT!

@EdBolian reveals his strategy to justify low offers in car deals.

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#CarBuying #Lowball #Negotiation

[blue_lancer_es]

I got a free car.
On the test drive the seller was driving and the timing belt broke. I didnt need the engine since I had a swap for it. I only said. Well I dont think I could do 1k now. He said . i will sign the title. Just take it.
Beat that Ed 😂

[rhull]

This 100% works for buying cheap cars off FB and CL as well. It's the same way I've been doing it for years. If the seller has your word that they'll never hear from you again after you've driven away, that's worth $$ to them. Keep in mind you have to seem trustworthy and be persuasive.

[maxloo]

I'm Ed Bolian, and this is my MasterClass.

[Marqgtfoh]

I love how ed grew up as a utter hooligan but turned into the calm cool collected man we see in front of us today...gives me hope for myself

[craigpests_channel]

I just bought my first car. I shrewdly negotiated a 1959 Morris Minor from $999 to $500. It's my dream car and I now own it.

[familyguygarage]

Step 1: There are no lowball offers, only shrewd offers from here on out.

[Rangerman]

"DONT USE THIS ADVICE TO BUY A REGULAR USED CAR"
Me: Turns back around from car max :'(

[SenorBolsa]

What you do is an art Ed, I will probably never have a need to use this technique but its fascinating to see how you do it.

I'd love to see your ideas on more practical negotiation.

[FuzzyBagels]

I sold my e46 m3 in 2020 for $8k and this video fits the transaction to a T. The car was a 6MT coupe with 110k miles and no mechanical issues but was developing a few cosmetic problems and I had a problem getting title issued so I was really worried about selling. The buyer did the exact things in this video- named all the known problems, eased my fears, made an offer and stuck to it. At a time when these cars were going for 20k I was happy to let it go for 8k because I felt at ease with the buyer and knew the car was going to a good home.

[EdBolian]

If you have any other questions that I didn't address here, feel free to ask and I will do my best to answer.

[Jelen]

I'm amazed - I'm doing these things when shopping for a car even thought I'm not in the car business of any sort.

[knurlgnar]

I'd retort by saying this is good advice for any car deal. It works. Liability is any seller's bane. Look at it, know the problems it might have and tell the seller about the problems and repair costs most of which the seller probably doesn't even know, tell them "I'll buy this today for X$, and I understand if it has issues or breaks on my way home and I commit to that risk. Hey, it's a used car right? That's my problem and not yours. I'm buying this for myself and I will fix those issues and treat it well. I do the work myself anyway so I'll enjoy the project if it needs to be done. We can go to my bank and get cash in person if you'd like." and the seller will often agree to getting a little less cash today rather than letting who-knows-who drive their precious vehicle on a test drive tomorrow.

[Techburn]

I do the exact same things when buying electronics to repair and resell. A lot of the sellers I've dealt with were more interested in getting things done quickly with no BS and similarly someone who knows what they are talking about. Always a few people who had unrealistic expectations and refused to budge on price but I always kept an open offer for when it sits for a month or two and inevitably just want to get rid of it..

[kyleshelton]

I've been waiting for this forever. I actually did this recently when I bought a little shitbox commuter in between nice vehicles. Cut 700 dollars off of a car at a mom and pop dealer. Paid 4k cash lol.

[pwschuh]

A full commitment’s what I’m asking for.

[trackpackgt]

He's right about car lots worrying about you coming back on them for a problem that's how I got a newer F-150 for 6000 under Blue Book. It had a front end wobble and I assured them that I knew about it and I was going to fix it I wasn't the type to come back and complain it was as is. I also knew the truck didn't have enough air in the tires and they needed rotated wobble gone and it's been a great truck LOL

[robertpolkamp]

Excellent analysis Ed. I'd been negotiating locally on a specific vehicle for over a year and got nowhere. With all my finances correct I decided to expand my geographic area in the middle of this pandemic. Long Island, NY had the exact vehicle in the exact color, a 3 year old leftover with 19 miles. Of course they were asking similar money as my local dealer but offered them exactly what I had offered the local dealer. "Call you back in 5 minutes" they said, and we closed within 7 days, right in the middle @ my initial offer(23% off). Empty plane to NY later and rode it back to Florida. Is it wrong of me to order parts from the Florida dealer who still has his in inventory? ⁉️

[thetrailoutthere]

When I worked at a dealership and people tried to lowball the used cars because of the tire life, dents, scratches...we would always say that all that stuff is taken into consideration when we price the used cars and that's why it's priced where it's at which is a "great deal" lmao.

[jeremyhanna]

It helps to bring a certified check or cash

[jasongeorge]

Dude, thats a super cool shirt you are wearing.