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Finalizing the Deal and Payment Method

Once a price is agreed upon and all questions answered, the buyer and seller finalize the agreement, discussing the preferred payment method and scheduling the final handover.

Dialogue

Listen and follow along with the conversation

1
John (Male)
Okay, so we're agreed on the price of $15,000 for the car, including the service records and the extra set of tires?
2
Emily (Female)
That's right, John. That sounds good to me. How would you prefer to handle the payment?
3
John (Male)
I was thinking a bank transfer would be best for both of us. It's safe and traceable. Would that work?
4
Emily (Female)
A bank transfer is perfectly fine. I can provide you with my bank details. When are you thinking of making the payment and picking up the car?
5
John (Male)
How about tomorrow morning? Say, 10 AM? I can transfer the money tonight, and it should clear by then. We can do the paperwork and you can hand over the keys.
6
Emily (Female)
Tomorrow at 10 AM works for me. I'll make sure all the necessary documents, like the title and bill of sale, are ready. Just to confirm, you'll be handling the transfer of ownership at the DMV yourself?
7
John (Male)
Yes, I've got that covered. I've done it before. So, to recap, bank transfer tonight, pick up at 10 AM tomorrow. Does that sound like a plan?
8
Emily (Female)
Sounds like a solid plan. I'll send you my bank details via text right after this call. Looking forward to hand over the car to its new owner!

Vocabulary

Essential words and phrases from the dialogue

agreed

Past tense of 'agree', meaning both parties have reached a mutual understanding on something, like a price in a deal. Use it to confirm decisions in negotiations.

bank transfer

A method of sending money electronically from one bank account to another. It's common and secure for large purchases like cars.

traceable

Able to be followed or tracked, often used for transactions to ensure security and proof of payment.

paperwork

Official documents and forms needed to complete a transaction, like contracts or titles in buying a car.

hand over

To give something to someone else, often used when transferring possession, like keys to a car.

title

Legal document proving ownership of a vehicle. In the US, you need it to transfer car ownership.

recap

Short for 'recapitulate', meaning to summarize the main points of an agreement to confirm everything.

solid plan

A reliable and well-thought-out arrangement. 'Solid' means strong or dependable, used to express approval of a schedule.

Key Sentences

Important phrases to remember and practice

Okay, so we're agreed on the price of $15,000 for the car, including the service records and the extra set of tires?

This is a confirmation question using 'we're agreed on' to check mutual agreement. It's useful in negotiations to avoid misunderstandings; the rising intonation at the end makes it a yes/no question.

How would you prefer to handle the payment?

A polite way to ask about someone's preferred method for something. 'Handle' means to manage or deal with; use this in business or deals to discuss options respectfully.

I was thinking a bank transfer would be best for both of us. It's safe and traceable. Would that work?

Suggests an idea with 'I was thinking' for a soft proposal, then explains benefits. 'Would that work?' seeks agreement; great for proposing solutions in conversations.

How about tomorrow morning? Say, 10 AM?

Proposes a specific time using 'How about' for suggestions, with 'say' to give an example. Useful for scheduling meetings or handovers; it's casual and flexible.

Just to confirm, you'll be handling the transfer of ownership at the DMV yourself?

Uses 'just to confirm' to double-check details politely. 'Handling' means taking responsibility for; important in legal contexts like car sales to ensure clarity on responsibilities.

So, to recap, bank transfer tonight, pick up at 10 AM tomorrow. Does that sound like a plan?

Summarizes with 'to recap' and lists key points for confirmation. 'Does that sound like a plan?' is a casual way to get final agreement; use at the end of negotiations.

Sounds like a solid plan. I'll send you my bank details via text right after this call.

Agrees positively with 'sounds like a solid plan' and states next action. 'Via text' means through text message; useful for closing deals and outlining immediate steps.