Jeep for $8,000?

Question

I want to buy a jeep for that the guy is asking $8,000 for. it definitely is worth 8000 plus but the bank will only loan me 6800 for it. i have enough money for 8 but i don't want to loose out in the long run. how should i go about trying to get less money? I have thought about telling him about the banks worth and then say i will give him 300 dollars as well. so total is 7100?

What would you say to get less or do??

Answer 1

The bank did NOT say it was worth that amount, they said that is the amount they will loan on it, totally different thing.

$8,000 vehicle, you pay 15% down, or $1,200 and the balance is...$6.800, just what the bank will loan.

If you offer him $7,100 for an $8,000 car, you won't get a car, simple as that.

Answer 2

Go make the dude your best offer & tell him that's all you could come up with. G'luck.

Answer 3

money is tight offer him $6,000

if he says no keep looking

Jeeps are very unreliable