aiquestions© Ask AI Questions. All rights reserved 2026
What Does OBO Mean?
OBO stands for "or best offer." It's used in sales listings — especially classified ads, Craigslist, Facebook Marketplace, and used-car listings — to signal that the price is negotiable and the seller will consider reasonable offers below the asking price.
How it's used
- You'll see it written after a price, like "$500 OBO" or "$500 or best offer."
- It means: "I'd like $500, but I'm open to the best reasonable offer I receive."
- It invites buyers to negotiate rather than treating the price as fixed.
What it means for a buyer
- You can politely offer less than the listed price — that's the point of OBO.
- Make a reasonable offer (lowballing far below the price often gets ignored). A common approach is offering somewhat below asking and meeting in the middle.
- The seller may accept, decline, or counter your offer.
What it means for a seller
- Adding OBO signals flexibility and can attract more interest, but you're not obligated to accept any particular offer — you choose the best one.
Related listing abbreviations
- OBO — or best offer
- FIRM — the price is not negotiable (the opposite of OBO)
- ONO — "or nearest offer" (common in the UK, means the same as OBO)
In short: OBO = "or best offer," a signal that the seller is open to negotiating below the listed price.
Two similar answers: What Does OOTD Mean? and What Does Poggers Mean?.
Browse Words & Meanings, or open more researched answers if you would rather ask than click through.
Researched content