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Buying and selling tips


The expat cyclist

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Posted

So I thought, maybe we can list our tips here when buying or selling stuff at the hub.

Knowledge is power, maybe you help someone getting ripped off?

 

Seriously, how much homework do you do before you buy/sell?

 

Clean goods fetch higher prices than the same good would dirty. It looks like you cared for it.

 

If you are in a hurry to sell, chances are you may lose out on profit.

 

If you are in a hurry to buy, expect to pay more. (You need something NOW because you want to go riding tomorrow.)

Posted

This is how we do it in the sticks.....

 

1. YOU ARE THE BUYER...you hold the green. YOU have the power.

2. Be prepared to pay the sellers price until all negotiations are final and everyone is happy.

3. The buyer sets up the appointment when it's convenient for him....see point number 1.

4. Don't burn the seller if he sells to another buyer, the other buyer probably set up a meeting time earlier than yours....he merely followed point number 1.

5. Make sure if you commit to buy you show up.

6. Be honest....die wiel draai.

Posted

Be reasonable with your selling price.

 

Do some research. Check the Hub for similar bikes and see what they sell for. Nobody will pay R8000 for an 11 year old Raleigh RC3000.

 

Don't even try to lie about your bike. There are enough knowledgeable people here to catch you out.

 

Take the trouble to find out your bike's specs. It's no good writing "standard" or "Shimano" as your bike's spec. There are so many different spec levels of Shimano.

 

If there is something as cheap as handlebar tape that is damaged, just spend the money and replace it before you advertise.

 

Oh Ja, a picture sells a thousand words.

 

Last thing, don't lie about how often you rode your bike. Nobody spends R50k on a bike and doesn't even ride it around the block.

Posted

If you use the words 'not negotiable' in your ad. It might deter potential buyers. 

Not necessarily just time wasters, low ballers and/or those who just want a lower price.

An offer, ridiculous or not, can just be declined or ignored. Either slap 10% on top of what you expect to be paid for your item. Or just decline any negotiation attempts when offers are made. There is no harm in telling a potential buyer that your price is firm. I've had offers declined before and ended up paying the asking price. But when I see an ad that says not negotiable. I'm reluctant to make contact. I've seen it many times. The first ad says 'not negotiable'. Then a few weeks later after nobody bothered to make contact. The ad is relisted as 'price drop' 

Posted

If you use the words 'not negotiable' in your ad. It might deter potential buyers. 

Not necessarily just time wasters, low ballers and/or those who just want a lower price.

An offer, ridiculous or not, can just be declined or ignored. Either slap 10% on top of what you expect to be paid for your item. Or just decline any negotiation attempts when offers are made. There is no harm in telling a potential buyer that your price is firm. I've had offers declined before and ended up paying the asking price. But when I see an ad that says not negotiable. I'm reluctant to make contact. I've seen it many times. The first ad says 'not negotiable'. Then a few weeks later after nobody bothered to make contact. The ad is relisted as 'price drop' 

And it's still listed as 'non negotiable' :P

Posted

Do not go to a secluded place especially with money. If you want to buy rather go look first and if you want it go to the nearest atm to draw cash

 

 

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Posted

Sellers be honest about whats wrong. Buyers dont be a chop and expect to get it for free. There is a salvage thread if you want it for free

 

 

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Posted

Be reasonable with your selling price.

 

Do some research. Check the Hub for similar bikes and see what they sell for. Nobody will pay R8000 for an 11 year old Raleigh RC3000.

 

Don't even try to lie about your bike. There are enough knowledgeable people here to catch you out.

 

Take the trouble to find out your bike's specs. It's no good writing "standard" or "Shimano" as your bike's spec. There are so many different spec levels of Shimano.

 

If there is something as cheap as handlebar tape that is damaged, just spend the money and replace it before you advertise.

 

Oh Ja, a picture sells a thousand words.

 

Last thing, don't lie about how often you rode your bike. Nobody spends R50k on a bike and doesn't even ride it around the block.

Well said - the two in bold are ones that irk me.

Posted

Know what the same item or simliar ia going for new, research a few shops for the price so you have an idea.

 

Then search for the item or similar on the hub, used, and then you will.be able yo determine a fair price based on the condition and use. As mentioned, be honest about its use and condition.

 

If you want to negotiate then leave yourself some room for that. I never say not negotiable as eveything is negotiable, well almost. When you are negotiating, offer something fair.

 

Lastly, dont show interest and make offers and then fall off the face of the earth...jislaak...that makes me the moering. Have intent to buy if the price is right for you, this is not a free for all.

 

It all boils down to this...dont be a ****, be lekker!

Posted

Oh, and give trader feedback once the deal is done. For all the deals that you do, because that's what it's for.

 

Your experience is either 1:Positive

                                        2:Neutral

                                        3:Negative

 

It's pretty damn simple

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