What does obo mean? View the definition of obo and all related slang terms containing obo below:
or best offer
Usage of OBO
The abbreviation OBO stands for 'Or Best Offer', which is typically used in the context of negotiations for selling or buying goods or services. This phrase implies that the seller is open to negotiating a price lower than the one stated, and is willing to entertain offers from prospective buyers for the item.
Examples of OBO used in texting:
1. Hi, I saw your ad for the bicycle you're selling. Would you take $300 OBO?
2. The book is listed for $20, but I can offer $15 OBO. Let me know if that works for you.
3. I'm interested in the couch you have for sale. Can I come take a look and make an offer OBO?