Skip to main content
E

Everardo Feil

Feb 20, 2025

What does OBO mean exactly? My car was for sale OBO $2500? I got a 2500 offer can i wait and c if i get more?

My car was for sale $2500 OBO. I got a 2500 offer but i told the guy i wanted to wait to c if i can more and he said i was oblicated 2 sell? Does anyone know for sure?
0
Save

10 Answers

D
Or Best Offer. Saying that you want to sell your car for $2500 obo, means that you are wanting $2500 for it but will take the best offer below that if no one wants it at that price. $2500 would be your full asking price… if someone offered to pay you full price, then take it! If you suspect the car might be worth more, then your asking price should have been higher.A good strategy for selling the car would be to ask higher than the car was worth say… $3500 obo, then settle for $2500-$3000 if you get no responses for full price.Holding out on a man who is offering the full asking price, may send him mixed signals. He may end up thinking you aren’t a serious seller.... Show More
0
D
OBO means Or Best Offer. The phrasing was probably “$2500, OBO”. In other words, if no one was willing to pay the $2500, the seller would accept the best offer.... Show More
0
D
$2500 OBO means you are asking $2500, but will take the best offer, even if it’s less. You won’t get more than $2500, and if the guy met your asking price, you are pretty much obliged to sell it to him.... Show More
0
D
OBO = Or best offer. No, you don’t have to sell, but I advise you to take the offer. You set the price, now honor it.... Show More
0
D
“Or Best Offer”. and yes you can wait for a get a “better” offer.Was the selling price $2500 or $25,000.00. Big difference.if no better offer occurs. It goes to the 2500 offer, because itis the best and only offer. but when does the offer expire? :-})... Show More
0
D
Putting an ad in the paper or craigslist doesn’t obligate you to sell to anybody. I think you are wasting your time if you think someone is going to call you up to offer more than $2500.... Show More
0
D
Or best offer. They want $2500 but would settle for the best offer.... Show More
0
D
Morally no, technically yes. The ad implies you are looking for $2500 max.... Show More
0

Want to answer this question?

Join our community to share your knowledge!

Log in Sign up

Categories

Tags

Related Questions

1
What does observed mean on a calendar? Do I still have class?

I usually have class Mondays for my college but I checked the calendar since tomorrow is MLK day and it said MLK Day Obs...

5
What does “Obumer” mean?

On blogs I see people refering to President Obama as "Obumer". Does anyone have any idea what this is suppose to mean?

1
What does ODO mean on an exercise bike?

I have an exercise bike with a digital counter. It has time, calories, distance, pulse, and ODO. What is that?

4
What does -OEt abbreviated for in organic chemistry?

What is the chemical formula for this? (such as c5h6o) and what does the structure for this look like? (such as a ring o...

2
What does #omf mean on twitter?

I know it can mean ‘of my followers’ but is there another meaning?

6
What does one-half mean?

Okay i know all of you guuys are like this is a very stupid question…but like i dont seem to know… what does one-half me...

5
what does online exclusive mean?

does it mean you can only buy that product online or that product at that price online?

10
What does ‘OOC’ and ‘OCC’ both mean?

I see them in like fanfics when the author says that the character is being OOC and something along those lines. I get t...

3
What does oook mean in text slang?

I was texting my girlfriend and I told her about the scene in the dictator where the guy is literatly milking the woman....

6
What does “oretical” mean?

Found it in an article but can't find a definition.