iPhone 5 $1000. LOL

[WhiteIphone5]

Hey guys. Maybe you remember but last week I posted another thread of this guy selling a 2008 macbook pro for 750.
Here I give you an iPhone 5 for 1000 LOL

http://washingtondc.craigslist.org/nva/mob/3757495490.html

 

[mobilehaathi]

So is there a plausible explanation for setting the price so high that I'm missing?

 

[Squilly]

So is there a plausible explanation for setting the price so high that I'm missing?

It's special in the sellers own way.

 

[Plutonius]

So is there a plausible explanation for setting the price so high that I'm missing?

I can see the $1000 price as a starting price in a negotiation. If you start with a fair price, people will automatically make an offer that's half that price.

 

[leftywamumonkey]

It looks like it's $700 now. I guess that's better considering it would be $749 at a store.

 

[mobilehaathi]

I can see the $1000 price as a starting price in a negotiation. If you start with a fair price, people will automatically make an offer that's half that price.

There are plenty of strategies to sell something at given price, but asking for such a rediculous markup on an item that is not---as far as I know---constrained in supply makes me feel this person is trying to screw someone who isn't quite paying attention. That's the only plausible explanation I can think of anyway.

The poster also explicitly stated the price was firm, suggesting that s/he has no interest in negotiation. Not that we should believe the latter; lies are common in negotiation and someone just mentioned the price dropped to $700.

 

[DesertEagle]

I can see the $1000 price as a starting price in a negotiation. If you start with a fair price, people will automatically make an offer that's half that price.

I once started high to get a fair price, but it didn't work. I still got mail from the low-ballers who obviously based their offer on what was the fair price (minus 25-50 percent) and not the initial price.

 

[leftywamumonkey]

The poster also explicitly stated the price was firm, suggesting that s/he has no interest in negotiation. Not that we should believe the latter; lies are common in negotiation and someone just mentioned the price dropped to $700.

Stating firm never works on Cl, unfortunately.
People still lowballed me even with the words "FIRM"

 

[mobilehaathi]

Stating firm never works on Cl, unfortunately.
People still lowballed me even with the words "FIRM"

Indeed, I would expect people to try and negotiate no matter what was written.