Cycle Car Negotiation Scenarios

Dave and Pat are in Florida negotiating the purchase of a rare cycle car for Mike. They discuss the initial offer and compare it to past purchases. Dave strategizes the negotiation and contacts Mike for approval. After negotiating with Pat, they finalize the deal and discuss logistics. The video concludes with Dave and Frank discussing future opportunities.

What was the initial price mentioned for the cycle car?

• $37,500

• $55,000

• $75,000

• $40,000

Why did Dave think the cycle car was a good deal compared to previous purchases?

• It was brand new

• It was cheaper than the motorcycle Mike bought

• It had original paint

• It was a rare item

What was the condition of the cycle car according to Dave?

• Original paint

• Restored about ten years ago

• In need of restoration

• Brand new

What was Mike's top offer for the cycle car?

• $37,500

• $40,000

• $35,000

• $30,000

What strategy did Dave use to negotiate the price?

• He agreed to the initial price

• He started with a low offer

• He asked for a discount

• He offered a trade

What was the seller's response to Dave's negotiation?

• He increased the price

• He offered a different car

• He offered a money-back guarantee

• He refused to lower the price

What was the final agreed price for the cycle car?

• $35,000

• $37,500

• $33,500

• $34,000

What did the seller offer to show confidence in the car's value?

• A money-back guarantee

• A free service package

• A free shipping offer

• A discount on future purchases

What did Dave and Frank plan to do after the successful negotiation?

• Visit more warehouses

• Sell the car immediately

• Buy another car

• Return to Florida

What was the general sentiment of Dave and Frank after the deal?

• Regretful

• Disappointed

• Satisfied

• Indifferent