Originally Posted By: oilpsi2high
There is a serious car loan problem in our country. I messaged someone on Craigslist, told them I had CASH IN HAND, and told them I'd give them private party book value for their car. This amounted to 2k+ over trade-in.
They were literally asking $ 495 less than a new model (this was a 2016) with 11,000 miles and would NOT budge on price. Got the "Good luck" response from them. Stupid.
Yep-it sounds like he has had the car for about a year-probably with a high interest loan-so he couldn't take what you were offering without having enough to pay off the existing loan.
There is a serious car loan problem in our country. I messaged someone on Craigslist, told them I had CASH IN HAND, and told them I'd give them private party book value for their car. This amounted to 2k+ over trade-in.
They were literally asking $ 495 less than a new model (this was a 2016) with 11,000 miles and would NOT budge on price. Got the "Good luck" response from them. Stupid.
Yep-it sounds like he has had the car for about a year-probably with a high interest loan-so he couldn't take what you were offering without having enough to pay off the existing loan.