Originally Posted by MonkeyBiz
Just did this with a van. Realistically, it was worth 3000ish. Inflated price by listing it for 4500, expecting to get a low ball/beat up on price ect meeting 1/2 way, and then he felt like they are getting a deal. Had a guy look at it, he asked what bottom dollar was. Replied with what's it worth to you?, he said.... It's worth 4200 to me. SOLD Laughed all the way to the bank.
this... When ever I get the "bottom dollar" question, I answer that I put my price on it, it's your turn to make an offer if you don't like the price. That's what OBO means.