miles Seller
THE "BATMOBILE"
Confidential Instructions
Your son has moved overseas and has asked you to sell his four-door, 20-year-old car which he calls "The Batmobile." The car has many rust spots and small dents in the body, but the engine is in excellent condition. The car appears to have 46,231 miles on the engine, but it may have gone past 100,000 miles once or even twice.
You have tried to establish a market value for the Batmobile, but you found no such cars listed in newspaper ads. The 20-year-old car is neither old enough nor rare enough to have any appeal to collectors of old cars.
A local salvage operator (junk yard) has offered you $300 for the car for parts and scrap metal. Hoping to find a buyer, last week you placed the following ad in the newspaper.
20-year-old car. Original equipment.
Drives like new, best offer.
Phone: 571-3719
Three people came by to look at the car, but no one made an offer. Today, you called all three people. You told them that you had an offer for the car. If they wanted to car, they had to come and buy it now. You said you intended to sell the car to the other buyer if they were no longer interested. One person said he/she would come by to see the car again later today.
Meet with and negotiate with this potential buyer.
Buyer
THE "BATMOBILE"
Confidential Instructions
You enjoy repairing old cars. You own a four-door, 20-year-old car, which used to be your father's car. In the middle of the night about one week ago, both doors on the driver's side were damaged beyond repair in a "hit and run" accident in your parking garage.
You would like to repair or replace the doors. The lowest repair estimate was $1,600 - more than the car is worth. You have spent many hours trying to locate replacement doors, but you cannot find any replacement doors for this old car. For sentimental purposes, and because buying a new or reliable used car would cost far more, you are want to repair your car.
A couple of days ago, you went to see another old four-door Datsun that was listed for sale in the newspaper. The doors on that car were in good condition although the car was rusty and had some dents in the body. The car was nicknamed "The Batmobile" by the owner's son. You did not drive the car, but the owner said that it runs well. The car appears to have 46,231 miles on the engine, but it may have gone past 100,000 miles once or even twice.
You would like to purchase this car. You might be able to use other parts from this car as spare parts for your car. In addition to the purchase price, it will cost you $200 to remove the doors and repaint them to match your car's color.
You told the seller that you would have to think about it, but would contact the seller soon. The seller agreed to let you know before selling the car to anyone else.
This afternoon, the seller called you and said another offer had been received on the car. The seller said he/she was giving you one last chance to buy the car. You are certain that you will not find another set of doors for your car if you do not buy this car.
Meet with and negotiate with the seller.
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