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Fair Value of Second Car

Fair Value of Second Car

You are planning to sell your car. A friend is interested to buy this model.
You need to assess the fair value of car.
You both approach a dealer and discover that dealer will buy your car at $500 and will sell the same model ,on as is where basis, at $600.
What car price would you like to agree to sell with friend?
Photo Adaptation : https://pixabay.com/vectors/car-vehicle-automobile-auto-310953/
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Negotiation is an important life skill

We negotiate most of our waking hours. We negotiate with our team members, colleagues, bosses and vendors at work, with our kids, spouse and parents at home. We negotiate during buying or selling of an asset e.g. house, car and also conflict resolution and during salary negotiations. Negotiation is an important life skill and it contributes to our success.

If we do not negotiate well or don’t negotiate at all then there is a big chance that we are going to leave money on the table, which could have been ours. We often don’t negotiate because we feel it is inappropriate or feel uncomfortable and fear it.

“You don't get what you deserve. You get what you negotiate.” Chester Karrass