The Irrelevant $100 II
This blog is written mostly tongue in cheek. Some points may be informative. Please provide your feedback.
If you suffer from self-irrelevancy, please seek professional advice.
Hello. In the examples I posed yesterday, I placed a lot of the blame on the seller for not going down $100 to sell the car, and rightfully so. However, in my books the buyer doesn't go away scott free either.
Can you imagine wanting to buy a particular car, seeing it, bidding on it, then not taking it because the seller wants $100 more than what you've bid? Is that amount relevant on a $14,000 car?
Please note the buyers are dealers, so they have to resell the cars. Obviously in this example they want to get more than $14,000 for the car. Some would say they probably want $100,000. A 20% profit would be acceptable to everyone I'm sure.
If that's the case, then the $100 increase is irrelevant. Why? More tomorrow.
Regards,
Irrelevant
If you suffer from self-irrelevancy, please seek professional advice.
Hello. In the examples I posed yesterday, I placed a lot of the blame on the seller for not going down $100 to sell the car, and rightfully so. However, in my books the buyer doesn't go away scott free either.
Can you imagine wanting to buy a particular car, seeing it, bidding on it, then not taking it because the seller wants $100 more than what you've bid? Is that amount relevant on a $14,000 car?
Please note the buyers are dealers, so they have to resell the cars. Obviously in this example they want to get more than $14,000 for the car. Some would say they probably want $100,000. A 20% profit would be acceptable to everyone I'm sure.
If that's the case, then the $100 increase is irrelevant. Why? More tomorrow.
Regards,
Irrelevant
posted by Irrelevant at 6:41 AM
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