Question:
Because I just made an offer and it was accepted on the spot.
Answers:
Can I just transfer a title to a vehicle to my daughter as a gift?
you left money on the table - dont do it againA good way to find a car loan for a used?
As long as you got what you wanted, sounds like the other person did too. A happy deal all the way around!what car to buy for $5k or less?
You did negotiate a sale price and it was accepted.Deal over.
lease a mercedez better or buying it?
Exactly the same thing happens when buying and selling stocks, homes or anything else.
If you price too high, it may take some time before you get your price...if at all, but often you can get close if you are patient and can wait for the sale.
Too low and it sells right now... if that's what you want, a quick sale.
So you have to decide what you want before any sale... unload it quickly (as you can see when the stock shares of a company or the stock market crashes and people will lose hundreds of thousands of dollars in order to sell quickly) or hold out for maximum profit which will usually involve a longer time horizon, as in someone that bought a home five years ago.
What are the "real" requirements to purchase a used car from a dealership?
I suggest a class in economics if you REALLY want to get into this.
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