Originally Posted by BrianK
It doesn't have to be a binary decision - pay $5K or pass. Why not counteroffer? Guy may just be hoping someone price insensitive comes along, but open to a more realistic figure - particularly if it's been out there for a while.
Good luck. Does sound like a nice bike. But no, not a $5K one, not in this market.
I've had my fair share of people expecting unrealistic prices to know that if he's asking $5k, he'll probably accept nothing less than $4.5k. I once met a guy trying to sell a 2003 Maxima with a sizable dent for $1000 over blue book, and wouldn't accept anything less. I've never met someone who was willing to negotiate much on a price, especially on Craigslist