"What's Your Best Price?"

Here in the midwest it means the listed price or lower.

It's almost like you're in a different country. :)
Here on the east coast, OBO means Or Best Offer, period.
Maybe AudiogoN does need to look into the OBOL or OBOH, to avoid the confusion that stems in the midwest.

One more thing, since the seller states, OBO, it is the seller who gets to choose the best offer, not the buyer.
At least that's the way it is interpreted on the east coast. :)

Don_s, I agree that best offer means more than just $$$. Best Offer is the best offer, actual money is just part of an offer. Form of payment and inernational shipping vs. local shipping or pick up are also part of the best offer formulation.

I also agree with you final sentence, a serious buyer should make a serious offer.

From the website www.howstuffworks.com:

Car Selling Ad Terms*

OBO - This means "or best offer," which tells the buyer that you are willing to consider offers below the price you listed.

Source: Edmunds.com

Come on guys, I don't care if you are from Neptune, "OBO" means an offer LOWER than the asking price. A seller doesn't need to say "OBO" for a buyer to assume he will take a HIGHER offer than the ask -- every seller is willing to do that.

But let's not lose sight of the point that we all seem to agree on: a buyer whose first and only communication with a seller is "WYBP" has a high likelihood of being ignored -- as well he should be, b/c this response indicates a lack of seriousness and a single-minded focus in disadvantaging the seller. At the very least, a "WYBP" message might be accompanied by something like "I am really interested and would be ready to pay quickly if your best price is in my range." At least then there seems to be a point to the negotiating tactic.

12-24-06: Jeffreybowman2k
From the website www.howstuffworks.com:

Car Selling Ad Terms*

OBO - This means "or best offer," which tells the buyer that you are willing to consider offers below the price you listed.

Source: Edmunds.com

Must be printed in the midwest. :)

I won't get into this again, as it's been debated before, and it really is off the WYBP topic anyway, which is really starting to get beat to death as well.

Happy Holidays,

John

12-24-06: Jeffreybowman2k
Come on guys, I don't care if you are from Neptune, "OBO" means an offer LOWER than the asking price.

Greetings from Neptune, where OBO means an offer higher or lower than the asking price. ;)