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What Does or Best Offer Mean?

Robert Thorne • • 6 min read
What Does or Best Offer Mean?
When a car seller includes the initials “O.B.O.” in an advertisement, it means he'll take less than his asking price, specifically the best offer someone makes. O.B.O. stands for “or best offer,” with the word “best” opening a host of possibilities.

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Then, what does or best offer mean on ebay?

The option isn't called "OR Best Offer." It's "Best Offer." And it means that the potential BUYER shold submit THEIR best offer, in hopes that the seller will accept it. If you're willing to pay about 10% less than the seller is asking, you might submit a best offer.

Additionally, what's OBO stand for? or best offer

Accordingly, what does your best offer mean?

Best Offer means that you make your best offer to the seller, who has the choice whether to accept it or not. You don't get to decide how you much you pay, the seller does because it is item.

What is a fair best offer on eBay?

Making a Best Offer. Best Offer lets you offer the seller a price you're willing to pay on Buy It Now items. The seller decides whether to accept, reject, or counter your offer.

Related Question Answers

What happens if you make an offer on eBay and change your mind?

If the buyer changes their mind about an eBay sale after the auction has ended, they can contact the seller and ask them to cancel the transaction. As long as the cancellation is per buyer request, most sellers will comply. A seller can offer another bidder a second chance offer or re-list the item again.

How do I know if an eBay seller is legit?

How can I tell if a seller is legit on eBay? Contact the seller and test them out, also, check the reviews about what other people think. If they have a lot of negative reviews then that is a red card.
Robert Thorne
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Robert Thorne

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.