ONO. OVNO ????

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Nov 10, 2012
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Hi All.
I often read on the market the sale price of the bikes:
£ .......... ONO or OVNO.
What they mean?.
Thank you.
Piero
 
Or Near Offer
Or Very Near Offer.


Asking $1000 .... $950 ? $850?

In the USA that might be Or Best Offer (closest to asking price ) OBO.

Then there is Low Ball offers.
You have a restored Commando @ $6000 and someone offers $2000..
 
Or Near Offer
Or Very Near Offer.


Asking $1000 .... $950 ? $850?

In the USA that might be Or Best Offer (closest to asking price ) OBO.

Then there is Low Ball offers.
You have a restored Commando @ $6000 and someone offers $2000..
Hi.
Thank you so much for your interesting answer.
Piero
 
And some sellers put "no offers" to prevent them receiving a low ball offer, but it doesn't seem to discourage some people who can't read!
 
And if you live in New England a Yankee will say: "It's not for sale. What kind of money are you thinking about?"
 
And if you live in New England a Yankee will say: "It's not for sale. What kind of money are you thinking about?"

That reminds of 1984 and looking at a low mile T160 in Los Angeles, the asking price was set in stone so I offered a lower $1300 and got a yes straight away..... Into the RentaWreck Ford V8 van it went.
What a great trip, I still remember buying a stack of plywood off some Mexican dudes over on the 'eastern side of town.
 
In the neoliberal globalised free market, the owner sets the starting point for price negotiations. Everything is negotiable. It is very rare for somebody to set a definite price on something they are selling unless they are trying to promote a Dutch auction.
 
I must be the exception then based on over 40 years of $ TIOLI.

I sold a 1957 TR6 primary cover set last year, offered at what I thought was a reasonable price given the poor to me condition (I still have one NOS set and another that I will use that replaces the sold set)

The buyer would not accept my asking price and insisted on paying an extra $100.
The same happened with a + 0.30" 1957 cylinder which was junk to me (Replaced with a Wellworthy Alfin alloy cylinder)

Buying and selling can be an oddity and attitude can play a part.
 
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In the neoliberal globalised free market, the owner sets the starting point for price negotiations. Everything is negotiable. It is very rare for somebody to set a definite price on something they are selling unless they are trying to promote a Dutch auction.
THIS DOES NOT APPLY TO DEALERSHIPS!

You are lucky if they will throw in a pair of cheap gloves.
 
Tired of jacking with folks a long time ago and hearing them lowball what was already a more than fair price.
 
Here in the UK the seller sometimes uses ONO or nearest offer. but it drives me up the wall when I describe what faults something has, because I prefer to be honest, quote a very fair price and someone is prepared to make a journey and offer what I consider a lowball offer! Every bike I have ever sold I could have got an extra zero, so I'm the one who's being ripped off!
 
The only honest bike I ever bought came to me a seized crashed and rusty basket case. The rest were only half what the sellers said they were.
 
C'mon let's move on out of here. Nah, nothing to see under that tarp. Just old household junk... Nothing of interest.. Bunch of snakes, spiders, & rats.
To me a pile of rust is better than kicking up my blood pressure.
 
In the neoliberal globalised free market, the owner sets the starting point for price negotiations. Everything is negotiable. It is very rare for somebody to set a definite price on something they are selling unless they are trying to promote a Dutch auction.

Sorry for my ignorance, but what is a Dutch auction ???
 
Sorry for my ignorance, but what is a Dutch auction ???
Where they sell more than one lot of the same item, and the winner of the first (or subsequent) lot's auction has the option to buy one or more or all of the remaining lots at the same price.

I bought dozens of late 80s WA Police KZ1000s like this which now live in the UK.
 
Another abbreviation that's used in the UK is "why"
This is used when someone is offering a part exchange on a vehicle and stands for "what have you" IE what are you offering as exchange
 
Yeah, apparently I had a shed full of stuff that fit that description...

Some things can't be bought (yet) no matter how much is offered.
My Eldorado would be one, cost to date is over $20000 (US$14k to $20k)
Even if I was offered 10 times that amount I would rather have the bike over the money.

Maybe I will start listing things ONO / OBO this year.
A good deal of the time sellers list a item high with ONO/OBO simply because they have no real idea of its worth (genuinely) so let the market audience decide (If not acceptable they keep the item)

#
Late last year I posted on one of the FB pages (as a page member) asking for advice ONLY.. ie Can someone give me an idea of a >sensible < asking price range for these NOS kick start engine covers (Beveldrive Ducati)

I (foolishly) expected to hear something like... If you want a quick sale (around this much) If you wanted top ish dollar but still wanted them to actually sell,around this much.

All manner of dimwit came out of the woodwork including how much for the electric start covers (Which were never mentioned and I never said anything about anything being for sale, I just wanted an idea based on a fair asking price range for both buyer and seller (me)
I never did get any form of answer and the post was removed by the (UK) administration for the page because .... I was trying to sell something without stating a price or trying to start an auction.
You just can't win sometimes so back into storage they went.

ONO. OVNO ????
 
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