For instance, it might say $6900 obo. I was just wondering what the obo stood for? I just started using the site recently, and I still haven't been able to figure out what it stands for. Thanks in advance.
2007-06-06 12:48:42 · 10 answers · asked by LibraT 4 in Cars & Transportation ➔ Buying & Selling
obo stands for Or Best Offer. The seller is asking the price on the car, but is taking offers and will sell it for the best offer they can get. It is kind of arbitrary though, as there isn't usually any specified time limit. It's more of an indication they are motivated to sell and flexible on the pricing.
2007-06-06 12:51:37 · answer #1 · answered by mithrandr12345 1 · 1⤊ 0⤋
Or Best Offer. which means they are willing to take less that what they ask for. so if it says $6900 obo. i bet if u show up with like $6500 cash u will prob get it. that how u get better deals, if u show up with cash. people are more willing to give it up cuz they see the money then and there.
2007-06-06 19:55:01 · answer #2 · answered by fallen_halo 1 · 0⤊ 0⤋
"Or best offer"
This can work both ways. They might sell it for less than the listed price, or if they get a lot of interest, they may try to negotiate a higher price than originally asked for.
2007-06-06 19:53:24 · answer #3 · answered by nevergonnaletyoudown 4 · 0⤊ 0⤋
Or best offer
2007-06-06 19:52:59 · answer #4 · answered by ebay_singh 2 · 0⤊ 0⤋
Or best offer. Also can see ono at times. That is or nearest offer.
2007-06-06 19:51:49 · answer #5 · answered by Anonymous · 0⤊ 0⤋
or best offer
2007-06-06 19:56:15 · answer #6 · answered by Anonymous · 0⤊ 0⤋
or best offer
2007-06-06 19:55:05 · answer #7 · answered by tmh 2 · 0⤊ 0⤋
or best offer
2007-06-06 19:52:25 · answer #8 · answered by abbyn 5 · 0⤊ 0⤋
or best offer
2007-06-06 19:51:14 · answer #9 · answered by wildcat 3 · 0⤊ 0⤋
or best offer.
2007-06-06 19:51:01 · answer #10 · answered by Matt D 6 · 0⤊ 0⤋