How much off retail price would you pay for goods in private sales?

J

jampudding

Member
Just curious.
If someone were to sell a BNIB good without any reciept, how much off the retail price would you be prepared to pay? My concerns are that if the goods don't work you have no comeback. Therefore I expect at least 30% off to mitigate risk/hassle. Is that reasonable?
 
Aren't sales covered by the consumer rights act and/or consumer protection regulations?

Personally, I would want more off the more expensive something was. So, if its a £10 flash card, maybe 10% off would be considered. But a large TV then I would want more off, because as you say, more to go wrong and expensive to fix.

I guess at the end of the day it is a personal thing. If both parties think they are getting a deal, then that's the deal.
 
DumfriesDik said:
Aren't sales covered by the consumer rights act and/or consumer protection regulations?.
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The OP states that it's a 'private sale' and when you buy something privately you're not protected by the legal requirements that goods sold must be of satisfactory quality and fit for the purpose intended - effectively caveat emptor
 
PerryGunn said:
The OP states that it's a 'private sale' and when you buy something privately you're not protected by the legal requirements that goods sold must be of satisfactory quality and fit for the purpose intended - effectively caveat emptor
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Then the Sale of Goods Act 1979 should cover you as this is the Act that requires second hand goods to be sold must be of satisfactory quality and fit for the purpose intended. And if it is bought via Ebay, then the Distance Selling Regulations may give you some cover. I do accept that there is a gulf between a legal standpoint and reality though.

Again, I would change my viewpoint on the value of the purchase and possibly the intended use. ie I might want to pay full price for a new parachute.
 
exdos said:
BNIB from a private seller could also mean "stolen goods"...
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Ha, yes. And we know that no Acts will protect you then! Maybe use Paypal?

@OP - so what did you buy and what discount did you get?
 
Thanks for the replies.
Haven't bought anything yet just thinking perhaps to make an offer. Item was not enough off retail for my liking, being electrical.
 
Funnily enough I was reading up on this yesterday after some thing I bought a few weeks back became faulty. New law came in end of last year.

Buying from a shop you now have 30 days in which you can return a faulty item, with proof of purchase. The shop must provide a full refund or replacement. :thumbsup:

30 days+ to 6 months. The shop must prove the item was not faulty when purchased or provide a replacement or repair the item. :D
(This applied to my item, the stiching had failed on my new walking boots. I now have a better pair exchanged for free at Millets great customer service :D :thumbsup:)

6 months to 6 years the the purchaser may be required to prove the item was faulty, when it was purchased. If so then a repair or replacement. :)

The bad news though. For a private sale it's essentially still buyer beware. :( Unless the goods were falsely described and you can show such, so you pays your money and you takes your chances :wink: .
 
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