hypothetical situation... what would you do?
more meat, more fire
Joined: Mar 2002
Posts: 28,251
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From: Orange, CA
Brad, you got PM. Sorry, I didn't read the whole post before PMing you... Didn't know the whole situation. I know the guy that wanted your car, he's pretty coo. Sorry it turned out that way though.
I eat plastic.
Joined: Dec 2002
Posts: 15,177
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From: Detroit, MI
He backed out of the sale himself, you didn't back out of it. Technically he didn't come through on his side of the agreement, but you did. What a poop head, maybe next them he'll learn to not be fickel.
ZOMG Pew Pew Laserbeams
Joined: Jul 2002
Posts: 7,451
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well when you make a deposit for a car the person is supposed to hold it for you for a give amount of time.
if you the seller back out then the guy get's his money back
if the buy backs out then you get to keep the money because he's backing out of an agreement.
so thus the money is yours his loss and now he should know better to make a down before everything checks out on his behalf.
if you the seller back out then the guy get's his money back
if the buy backs out then you get to keep the money because he's backing out of an agreement.
so thus the money is yours his loss and now he should know better to make a down before everything checks out on his behalf.
Former H22 Accord Owner
Joined: Mar 2002
Posts: 1,839
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From: NH
i would consider this a "gentlemens agreement" and that can hold up in court. the premise for him giving you $200 was to hold the car so nobody else would buy it. you fulfilled that obligation and he backed out, it's your money.
Senior Member
Joined: Jun 2002
Posts: 2,033
Likes: 1
From: GA
Keep it. When you are holding property for someone who's given you a deposit you do 2 things. If they buy the car that $200 goes towards the purchase price, or you keep it if they don't buy it. When you leave a deposit you are displaying your sincere intention to buy the car, it's yours don't feel bad at all.
the one and only
Joined: Dec 2000
Posts: 15,571
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From: Govenator Territory
deposits are non-refundable. why the hell else would there be a deposit then?
"here hold this money for me and it gives me rights to buy the car over everyone else, but if i dont want it i get it back"
and for the next time, get it in writing by faxing shit over or just make it clear.
"here hold this money for me and it gives me rights to buy the car over everyone else, but if i dont want it i get it back"
and for the next time, get it in writing by faxing shit over or just make it clear.
