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Valuation of Homes, Cars, etc... Why Are They Negotiable?

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I have been wondering lately why the cost of a house, car, motorcycle is 'negotiable'...

It costs ex-number of dollars to produce a house, it took so many man hours, the materials cost a defined amount...

Why then is the price negotiable?

The cost may not have been negotiable...

The wages weren't negotiable...

I believe the same is true of a car, boat, trailer, motor home, etc...

Yet the prices are 'negotiable'...

Paychecks are not negotiable...

Any helpful explanation is appreciated...

Tom

 


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