Why rip a guy down for a great deal?

I normally don't get too involved, but, I was just reading everything in Crackerhead's post about the 330 and I am truely shocked at how many people flamed him for "taking advantage" of his poor, poor friend.

Now I ask- How many of you guys have done the same thing, where you find out the price, and knowing it's too cheap, keep your mouth shut and follow through with the deal. Be it at a hardware store where they only ring up 1 instead of 5 or 10, or a local deal with a neighbor. And what about auctions? If you get it too cheap are you gonna go back and pay more than you bid for it just because the owner is someone you know? Sure you may bid more, but once the bidding stops and the dust settles you bought it at what the market brought at that time, no matter if the market is based on what some other guy thinks it's worth or not.

Now I also ask, friend or not, he set the price. I agree with Crackerhead not wanting to name a price for himself, the other guy has to have an idea what it's worth to HIMSELF. To some it's just a pile of scrap iron, and to other's it's a $1,000,000 find of a lifetime.

If I set the asking price on something I'm selling, and then find out later on what it was really worth and I set it way to low, shame on me but I won't linger on it, life does go on and there are deals to be had. To this guy it was sitting in a shed, torn apart and in need of repair.

Flame away, I'm sure I riled up more than one of you.

Donovan from Wisconsin

Iowa Bob

Mahalo,
doogdoog

Glenn

X 2

Obviously a valuable tractor in today's market, not being there, not knowing anything of what happened between the 2 people involved, and or the real feeling of the owner about the deal, how can anyone really comment, hey sometimes a gift or a sweet deal comes your way, sure does not sound like the vulture had been circling waiting to swindle the owner, just waiting for the opportunity. Other times, it's just the opposite, a snake in the grass unfairly rips an owner off, that did not know any better. Good to know what you have and what it's current market value is I suppose.

Last year a customer I've done extensive work for, did something similar, with some vehicle lifts, needed them taken down, and told me to take them as well. I'm sure he knew they had some decent worth, I took em down and sold all but one, probably would never have one for my place if I did not. Even then I felt like a swindler at the time LOL, but I figured over time with other things he needed done, I could save him the worth of those, and always keep an eye out for his best interest whenever I'm involved with something he needs done. Just relating a similar experience, I can understand a situation being like that, not very often do things go like that.

Recently, I saw for sale, in my own state, a variant of a tractor having a somewhat rare option that I'd salivate over just looking at, and or owning. The owner obviously had no clue, it was worth double what it was listed for, even more totally restored, was a highly collectible and or useful model, had to keep myself from looking at the ad again, or I'd have been real tempted. I'm a bit of a reader and or looker when it comes to ads, and every so often, couple times a year, right in plain sight something will stand out as one of those kind of deals where just immediate re-sale may earn you a nice profit or it's a steal to just own it or as an investment to sell later. Like I said I dunno, just some thoughts while enjoying lunch here.

At the sale I was the high bidder, so no-one thought it was worth more. Yet when I mentioned what it was worth to a friend who went to the sale with me, first thing he said was, "you stole it at that price". No, I gave more than anyone, including the owner or myself, thought it was worth at that time.

Am I supposed to feel guilty every time it turns out that I DIDN'T make a bad deal? Do I now dig out the $435 difference and find the original owner? Are some of you trying to tell me that every time you find that, 'diamond in the manure pile', you rush back and pay the difference?

Somehow, that just doesn't ring true. I agree with some of the others....this sounds like sour apples to me.

There was no theft involved. The item was offered at a price, the price accepted, the bill was paid and the transaction was completed. End of story.

If you entered a restaurant and the owner offered you a Prime Rib for $2.39 would you say....."Oh my I couldn't possibly do that! It's worth so much more than a Big Mac!"

You might say..."are you serious?" Then if the restaurantuer said, of course, then you'd fill your puss gut and fart all the way home and never have a second thought about how you ripped him off for a $18 steak at a cheeseburger price. Why? The seller set the price and you accepted it.

It makes no difference what the tractor was worth. Do any of you understand that? HELLO!

Had the man offered him a 9N Ford for $25,000 and the buyer paid it....would that make the seller dishonest? NO! He offered the goods at a price, if the buyer accepts, then nothing dishonest or immoral has occurred. Why? The buyer has the right to say, No thank you, and move on.

It is all very fundamental. One party sets a price, another accepts or rejects. No hocus-pocus involved. Shut up and get over it, close your Bibles and Hoyles book of tractor trading rules.

I've sold things cheaply to friends that way before. And, been on the buying end a few times as well. No harm, no foul.

I had my reasons and it was not any one's business why.

Don't sell the person that sold him the 330 short. It does not take a high education to know what something is worth. It does not mean a person is dumb to sell something at a lower price that its value or even give it away.

I am sure that the fellow I sold my car to told others what a good deal he got. What he didn't know was that I almost gave it to him outright.

As for the case you describe:

"Now I ask- How many of you guys have done the same thing, where you find out the price, and knowing it's too cheap, keep your mouth shut and follow through with the deal. Be it at a hardware store where they only ring up 1 instead of 5 or 10, or a local deal with a neighbor."

Sounds like the kind crap that gives a person a well deserved bad reputation.

I'm going to say that if he keeps the thing, I'd commend him well for it, BUT if he turns around and sells it for 15k, well, my opinion changes a "little". Sounds judgmental, doesn't it? 'To err is Human'

Just My experience after a few years of fooling around with "FREE" junk!

Just Me,
Aaron

A few years ago a friend of a friend wanted to get out of the hobby and offered to sell me his last two tractors. They were very desireable tractors in as close to perfect condition as two 50 year old tractors could be. He offered them to me at $19,000. I figured they were easilly worth $31,000, and I told him that. Talked to him a bit and found out that he really wanted to keep one of the tractors but he needed the money. I helped him sell the tractor he was most willing to part with. He got enough money from that sale to keep the other.

I would have been very happy to have both tractors. Or I could have written him a check for $19,000 and turned around and sold both of them for a hefty profit. But to me doing what I did seemed like the right thing to do at the time, and I still think it was.

Grandma had an antique fella in the house, and he bought it. She sold it to him for $5. She put up a modern plastic electric clock. Didn't have to hassle uncle or dad any more to wind up that old thing, was lucky to pawn the worthless thing off.....

A story like the tractor brings up all sorts of old memories - where we were on either side of that 'too cheap' thing.

Grandma sold the clock. It was hers. No one in the family is fighting over it now I guess....

Life is interesting. :)

--->Paul

I'm betting 100 % of us here even if we hated green couldn't get the wallet out fast enough for that one.

Allan

Here is a 330

I hear ya. If I see one more pixel of red, I'm gonna loose my breakfast. :>)

Allan