Car purchaser wants deposit back
#16
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A depoist is to take the car off the market. So it was off the market for lets say 3 months. How much is your insurance per month that you had to pay? Do you have a car payment? Where did you list the car for sale at? And how much did that ad cost you to run? All of your time you had in trying to sell it? I would say you are the one who is getting screwed on the deal.
Keep the money relist your car and go on down the road.
Keep the money relist your car and go on down the road.
#17
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deduct your real expenses (insurance, storage, etc) and refund the rest. I have a feeling that there won't be much left of the $1000 after you do that.
#18
How good of friends with the fellow are you? You are really in between a rock and a hard place as it were.
In my case I ran up against someone who was dishonest. He lied about the refund being refundable and he lied about the condition of the car. You have done neither. The difficulty as I see it was not expressly getting the terms down before hand.
This ones a tough one, Good luck,
IPSC
In my case I ran up against someone who was dishonest. He lied about the refund being refundable and he lied about the condition of the car. You have done neither. The difficulty as I see it was not expressly getting the terms down before hand.
This ones a tough one, Good luck,
IPSC
#19
As you can see, there is a range of opinions. A "deposit" can mean a variety of things. Both you and the buyer were negligent in not documenting any terms. That's why I say split the difference. You both go away educated and only a bit stung.
#20
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He's the one who did not protect himself by giving you $1000 for no legal reason.
My $.02.
#21
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I really don't know why anyone selling a car would enter into this type of deal unless they felt they were getting something out of it (like a higher price than the car really commanded).
As you can see, there is a range of opinions. A "deposit" can mean a variety of things. Both you and the buyer were negligent in not documenting any terms. That's why I say split the difference. You both go away educated and only a bit stung.
As you can see, there is a range of opinions. A "deposit" can mean a variety of things. Both you and the buyer were negligent in not documenting any terms. That's why I say split the difference. You both go away educated and only a bit stung.
#22
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How good of friends with the fellow are you? You are really in between a rock and a hard place as it were.
In my case I ran up against someone who was dishonest. He lied about the refund being refundable and he lied about the condition of the car. You have done neither. The difficulty as I see it was not expressly getting the terms down before hand.
This ones a tough one, Good luck,
IPSC
In my case I ran up against someone who was dishonest. He lied about the refund being refundable and he lied about the condition of the car. You have done neither. The difficulty as I see it was not expressly getting the terms down before hand.
This ones a tough one, Good luck,
IPSC
It is very tough because I was straight forward about the car. Apparently not straight forward enough about the deposit and what a deposit truely means. I never said it was refundable or not refundable initially. It was never asked. I don't like to point fingers and point blame...but i thought that a deposit was implied to be non-refundable unless otherwise stated, otherwise its existance would serve no purpose.
#24
It's almost common knowledge that deposits given in good faith prior to an exchange of goods/services are non-refundable, unless their was a contingency stating terms of exiting the agreement. Without a written contract, legal decision would probably default to "what would a resaonable person do" and you would probably be keeping the money.
I would add up your storage expenses and discuss the situation with him, that way you both understand each others situation and can come to resolution.
I'm not sure how an emergency $12K dental procedure pops out of nowhere, perhaps....
I would add up your storage expenses and discuss the situation with him, that way you both understand each others situation and can come to resolution.
I'm not sure how an emergency $12K dental procedure pops out of nowhere, perhaps....
#25
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I'd feel mean keeping the money, but man... That was a deposit. You might want to ask him why he wants his deposit back, knowing what the word "deposit" means. See if there is anything he'd be willing to do in order to compensate you (tell friends at work about your car at least).
#26
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A depoist is to take the car off the market. So it was off the market for lets say 3 months. How much is your insurance per month that you had to pay? Do you have a car payment? Where did you list the car for sale at? And how much did that ad cost you to run? All of your time you had in trying to sell it? I would say you are the one who is getting screwed on the deal.
Keep the money relist your car and go on down the road.
Keep the money relist your car and go on down the road.
If It were me- id be like uh dude sorry I spent it already. Maybe next time
#27
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#28
"I don't have the money. I spent it on the storage unit and insurance. Let me call them and explain what's going on...maybe they will give me the money back so I may refund it to you".
#30
In my case, my failure was not getting the agreement on paper and notarized. Shame on me really. My seller misrepresented the condition and lied about the terms.
Like I said before this one is a tough one. Do ask him what his perception of the term "deposit" means. One bit of advice, keep the lines of communication open and whatever you decide let him know in writing as well as verbally.
Ohhh, and Rock, you really never know what some people will do...
IPSC
Like I said before this one is a tough one. Do ask him what his perception of the term "deposit" means. One bit of advice, keep the lines of communication open and whatever you decide let him know in writing as well as verbally.
Ohhh, and Rock, you really never know what some people will do...
IPSC