Exercise 4 - Used Car Essay

1360 Words Apr 14th, 2010 6 Pages
Used Car – Exercise 4 Our issue is that we need a new vehicle because ours was wrecked and the rental car we were given to use after the wreck by the insurance company is about to expire, leaving us no mode of transportation. We are looking into buying a used vehicle from an advertisement in the local paper. We weren’t sure if the vehicle was still available so we have called the owner and inquired. We do not know who we are buying the car from but we are interested in purchasing the Volkswagen Jetta because of the advertisement in our local newspaper. Just from reading the car ad; we deem that the car fits all our needs and we need to get in touch with the owner fast in order to make sure they don’t sell it to someone else. In order …show more content…
The issues they have will probably be trying to get the most money out of the Jetta they are trying to sell while we try to lower their asking prices and come to a mutual understanding. We feel that that priority for the seller is that they may have another vehicle in mind to purchase, or something that they need to purchase rather quickly and they will probably need to sell the Jetta as soon as possible in order to make the other purchase. Our Interest is to get the most reliable vehicle that will service our needs for the least amount of money and at this point we’ve had no past relationships, if we settle on this deal we’ll just need the title of the car signed over to us. No further relationships are really needed but would be beneficial in case we have any issues with the car and questions may arise. We pretend to use collaborative strategy, because we believe that we may need the seller in the future, whenever our financial situation gets better; however, we don’t want to lose money either, we want both parties to make something and establish from this point on a relationship. We believe that we could work together in the near future and this deal could come in to play in the future; however, we’re thinking that the other team may use a competitive strategy and try to make more money. Our research consisted

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