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Looking for some free advice

A few days ago, I contacted a specialized dealer via email, asking him if he ever comes across a particularly hard to find, but not overly popular/liquid baseball memorabilia item. He emailed me back and said that in fact, he happens to have the item currently in stock. He further quoted me his price.

I emailed him back, stating that the price he quoted was about four- times what I could currently pay. He emailed me back with a new price, which was about 60% of the original price. I emailed him back stating that it was still more than I could currently pay. I also told him that I would like to be able to get the item, but it would take me approximately four months to save up the money. He has now emailed me again, dropping his price another 10%...but it's still double what I can currently come up with.

Just as clarification, the item is something that I have never even seen for sale; therefore, I have no price reference to go by, other than what similar items have gone for. That price range is what I could currently pay. Turns out, this particular item just happens to be among the harder to find items of the genre. This particular dealer specializes in the specific field that the item lies in.

I now feel bad for even asking him about the item in the first place. I wasn't necessarily looking to buy right now, but I could at the price level I was roughly thinking of. I feel like he's now pushing me to buy, when really, all I wanted in the first place was some knowledge of what I was up against in pursuing the item. But then again, I'm the one who started this whole thing.

What would you do if you were me? I still want the item, and could have the money within about four months (it's around $1K). I just don't know how to tell the guy that I can't put the money together right now. I also don't want to burn any bridges for the future.

Thanks.

Steve

Comments

  • CREDIT CARD.
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    Steve

    I see nothing wrong with you asking and then not buying at his price.

    Simply email him some terms that you can live with and if he accepts honor them.


    If he says no, then just thank him for his time and move on.


    Steve
    Good for you.
  • Beck6Beck6 Posts: 1,038 ✭✭✭
    Why not put a down payment on it to hold it? Are you concerned it is a bad deal or is the timing bad?
    Registry Sets:
    T222's PSA 1 or better
  • larryallen73larryallen73 Posts: 6,069 ✭✭✭
    Just be honest with the guy. Maybe he will do a lay-away type sale to you.
  • Just be honest with the dealer about the inquiry,and ask him if maybe he would take a downpayment and you make payments.



    Lou
    Collecting Roberto Clemente and Willie Stargell cards.
  • KarbKarb Posts: 557 ✭✭✭
    If he is a very customer friendly dealer then I don't see any problem at all. You inquired about a piece and he responded with a price. If you don't have the funds together right now I don't see how that would upset him. I'd wait until I was comfortable spending the amount of money without being pressured to buy.
    Robert

    Hoarding silver and collecting history
  • NickMNickM Posts: 4,895 ✭✭✭
    Just tell him thank you, but you can't afford that much.

    Nick
    image
    Reap the whirlwind.

    Need to buy something for the wife or girlfriend? Check out Vintage Designer Clothing.
  • storm888storm888 Posts: 11,701 ✭✭✭
    "I am working on raising the money, and will get back to you
    as soon as I can. Thank you very much for helping me."

    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • Absolutely no reason to feel bad

    If it were me, I would wait four months and buy it then
    Tom
  • nam812nam812 Posts: 10,602 ✭✭✭✭✭
    What an extremely vague description. It must be pretty important to you for you to be so worried that someone here would swoop in and buy it out from under you.
  • CREDIT CARD. If it is that rare, someone elese might snatch it up.........then what?
    do it.
  • AllenAllen Posts: 7,165 ✭✭✭
    Never feel bad for turning down a hard sell. Anyone who has ever been to a car lot knows how that is.
  • otwcardsotwcards Posts: 5,291 ✭✭✭
    The answer is simple.

    If you cannot afford it at this time, then you cannot buy it. However, there is nothing wrong with explaining to the seller that you are interested, but due to your budget, you COULD buy the item at an agreed upon price IF the seller will accept a down payment and monthly installments. If the seller agrees and you are comfortable with the arrangement, it shouldn't be a problem. This allows you to buy the item at y a price you are comfortable with and gives you the time necessary to pay for it as well as allowing the seller to make a sale. Just be certain to follow through with the arrangement and be punctual and timely.

    I've accepted transactions like this from some of my buyers over the years on higher end items. They've all paid through and then I shipped them their items.

    Don't be surprised if the terms include forfeiting your deposits if you default on making payments.
  • SDSportsFanSDSportsFan Posts: 5,181 ✭✭✭✭✭
    Wow, you guys are GREAT...THANK YOU!!!!! image

    I tried to keep the description vague to respect the dealer's privacy.

    Allen, you made me image about the car lot reference. I've been to a car dealer once in my life. He quoted his price...I told him my price...we met in the middle...Done! (I was paying with cash on a new car) image

    You've all made me feel better about it, and I thank you again! image


    Steve
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