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whats obo?

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  #1  
Old 05-06-2005, 10:46 PM
mrfredo82's Avatar
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Join Date: Apr 2005
Posts: 72
Default whats obo?

whats obo i see when selling stuff?
 
  #2  
Old 05-06-2005, 10:48 PM
Patrick's Avatar
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Default RE: whats obo?

"or best offer"
 
  #3  
Old 05-06-2005, 10:48 PM
Join Date: Mar 2005
Location: So Cal
Posts: 515
Default RE: whats obo?

it means "the price i want is MUCH less that advertized, and your a sucker if you pay what i am askin", in sales language.
 
  #4  
Old 05-06-2005, 10:50 PM
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Default RE: whats obo?

does anyone ever offer the origial price instead of giving a lower offer
 
  #5  
Old 05-06-2005, 10:58 PM
BFlan2001's Avatar
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Join Date: Apr 2005
Location: South Bay
Posts: 6,508
Default RE: whats obo?

stating "obo" gives the seller the option to hold onto his car until he gets a decent offer (sometimes up to the initial asking price)....if a seller posts something for sale at, say, 5 grand, firm, and they get an offer for five grand and don't sell, that's kind of an ******* thing to do....BUT, if they list it at 5500 obo, and they get an offer for 5 grand, it's ok to hold onto it to wait for a better offer.....
 
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