Payment plans and plummeting prices...

ah the addiction is strong... very strong.

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Originally Posted by white_gorilla_x

This is gonna sound stupid since im new here, but damn, 35k for a snake?! wow. I guess im an underground feeder than, cause im struggling to get a set up done intime for my 40 dollar female hatchling... i hope someone gets a laugh outa this!
Anyways, i'll love her just as much as anyone.

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Nobody should laugh at you. Your $40.00 female is just as precious to you I'm sure as any $35K bp morph. Normal or morph they are all wonderful, exciting creatures to interact with. In the end, be it a snake you got for under $100 bucks or spent your life savings on, you'll still be cleaning up snake poop anyways LOL (not like the big buck snakes drop gold nuggets or nuthin' LOL).

As far as the question of payment plans. Just our experience with Adam at 8Ball to make comment on. We wanted a pastel and started a payment plan for one we liked. Life changed, finances changed...the purchase would have been difficult but never would we have thought to ask Adam to change his pricing once we entered into an agreed upon price. If you want a "deal" you haggle for it upfront...not after you've agreed to it and then want to change the deal. That's unfair, unrealistic and unbusinesslike. In our situation, Adam graciously helped us choose another snake that both fit our current financial situation and would also further our breeding goals.

Now that folks is the mark of a good business transaction with a good breeder, a gentleman and a smart businessman who knows how to both make his customer happy but still mind his shop so he can continue to be in business 10 years or 20 years down the road. :)

When you start a payment plan you are entering into a legally binding contract. Even if it isn't in writing, you satisfy the major components of an oral contract, agreement on price and consideration (down payment). If the market price drops before you pay it off, and you decide you don't want to pay the original price anymore and stop paying you are in breach of contract. The seller is well within his rights to not only keep your deposit and any payments made thus far, but he is also entitled to seek compensation for the full value that was agreed upon. This also protects the buyer as well. Suppose you start a payment plan on a Mojave at $5200, then someone discovers that crossing a mojave to granite produces some crazy new morph and the market price of Mojaves jumps up to $25K. The seller is still legally bound to selling you the snake according to the terms of the original contract, despite the fact that the market price is now nearly 5 times what it was at the time of the original agreement.

Excellent points made Sam! Thanks for that post :)

That Sam is a smartie pants. ;)

I do all kinds of payment plans ... some have been for 12+ months ... some even longer. The price agreed to is the price agreed to regardless of what the "market" does.

In the end, a good breeder will make sure the customer walks away happy. ;)

-adam

When would be the time that you would start a payment plan instead just saving your money at a bank.

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Originally Posted by Adam_Wysocki

That Sam is a smartie pants. ;)

I do all kinds of payment plans ... some have been for 12+ months ... some even longer. The price agreed to is the price agreed to regardless of what the "market" does.

In the end, a good breeder will make sure the customer walks away happy. ;)

-adam

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Ya know, I think he is pretty smart. Weird... :)

I'd like a 5 year payment plan on a pair of lessers please. Also could you breed them for me and send me those pretty white snakes?

Hasn't anybody ever put anything in Layaway?
I would think same rules apply since that is what your doing.

If I go to Target and a patio table and chairs for 600.00 in layaway and don't get them out for a year and by then the price has gone down say 200.00 I still owe the 600.00 that was the price when I entered the layaway


Think of it as snakes on layaway :)

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Originally Posted by jotay

Think of it as snakes on layaway :)

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Snakes on Layaway? Is that the new sequel to Snakes on a Plane? :P

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Originally Posted by xdeus

Snakes on Layaway? Is that the new sequel to Snakes on a Plane? :P

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Haha. It's a good way to think about it though...