From years of experience, I have found that the most important thing is to offer the maximum you will give and make that offer good for a certain time--with date.
Many years ago, I present a sealed bid on a tractor that was reprocessed by a finance company.
My bid was ridiculously low so I didn't have a time limit.
Finance company called me several weeks later to ask for a higher bid. I asked if they had any other bids and they said they had four. I then asked if my bid was the highest and they informed me that it was but was not high enough.
I told them I had bid my maximum and if it was accepted to contact me.
A few days later they called and wanted me to pick it up.
It sounds like the bank is trying to get more money from you, and if it was me, I would call them and say your offer would not be honored after a certain date.
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Today's Featured Article - What Price Enthusiasm? - by Anthony West. Quite frankly, for some time now restorers like myself have become more and more concerned about the rapid increase in the prices of old farm machines here in England. There is now a growing market for "As found" machines. Which as machines get rarer, has found the birth of a new industry....one of the "procurement agent". These agents appropriate as much old machinery as possible then inflate prices at auctions. So at what price enthiusiasm? We are now seeing poor machines which 3 years ago ma
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For sale Farmall super A tractor is complete and has just been setting for awhile,it was running when pulled out of the barn,shouldn’t take to much to get it going asking 1100.00
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