Those people might not be as dumb as you think. I recently bought a backhoe for $1500 less than the seller's firm asking price. The lousy economy makes it a buyers market.
I have a friend that searches ebay and craigslist for stuff for his collection. He routinely gets sellers to end their ebay auctions early and sell to him for below market value. He buys stuff from all over the country on craigslist. CL sellers are often leery about selling to a buyer from out of the area. He pays them via paypal and they have the money in their account in seconds. He buys a fair amount of stuff that way and rarely pays the asking price.
Cash used to be king. The number of buyers using paypal is growing. I've had customers pay for remodeling projects with paypal. I make them cover the 2.7% paypal fee. It doesn't cost me anything and lets customers that are short on cash spread payments on their credit card over a few months but I get my money right away. The people asking about a cash deal may be used to paying via paypal.
This post was edited by Pops1532 at 08:09:35 10/03/10.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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