Like many other used truck owners in Calgary, you have been planning to sell the vehicle. It can be for many reasons, including upgrading to a new model or relocation, etc. Anyway, you must be prepared to deal with different types of buyers. Once you put the ad for selling the Calgary used truck, offers will start pouring in.
However, not all of those buyers will be suitable or serious. Some will come with really lowball offers. These can be really annoying and make you irate. You should know how to handle them, then move to the most suitable offer.
Why do these offers come?
It is essential to understand why some used-truck buyers make such absurd offers, even for well-maintained trucks. Some buyers have little understanding of the used-vehicle market, and they make lowball offers out of ignorance.
Then some buyers focus primarily on heavy negotiations. Make no mistake, they know the market. But they begin with a really low offer with an eye on bargaining. So, do not be amazed if some buyers ask for less than half of your quoted price for the used truck.
So, what type of buyers can you safely ignore? Well, some people are just trying their luck. They will send the same lowball offer to every truck listing in Calgary! They are certainly not worth your time and effort.
Balancing emotion and strategy
Like many other used truck buyers, you may feel annoyed after getting a lowball offer for your vehicle. You may instantly think of blocking those people or typing a sarcastic reply. However, that should be the ideal strategy for a very lowball offer.
Are the buyers requesting any details, such as documentation, mileage, or engine condition? If there is any genuine interest in buying your truck, they will ask such questions. Casual ones will be vague and inconsistent.
React with a balanced approach
It is better that you keep your response to such offers professional and measured. Say you have priced the truck after assessing its condition, mileage, and current Calgary market values for similar trucks. That helps you set a boundary without sounding too rude or unethical. You can also ask them to check out the vehicle in person and make a decision accordingly. This also helps you figure out their real intention.
You can also ask them to explore the used truck market in Calgary. This will show them that you have done your homework well.
Another option is to put the ball in their court subtly. Set a timeline and test their reaction. Offer a little less than what your ad mentions, but with a shorter timeline to close the deal.
And if you want a hassle-free experience, you can always contact dealers who purchase pre-owned vehicles. They are quite reliable, and they make decent offers. When you sell your vehicle to them, the entire process is seamless.
Summing it up
Sometimes, you have to adopt a firm approach for selling used vehicles in Calgary, including trucks. When you do not move from your quoted price, some buyers making lowball offers may realize you have other options. They will then revise their offer and return with a better quote.