I feel sick and relieved at the same time - just missed an '84 Euro
05-22-2007, 09:53 AM
#16
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FWIW,
I was following that other thread with relish, glad that it wasn't near me because I don't need to be dodging bullets (even though my wife isn't a very good shot...)
IMO: a man's word is what he is worth.
However, (sorry, I'm the eternal Devil's advocate...) in real life there are always extenuating circumstances. Perhaps that extra $300 is making a difference for his child's dialysis machine or something, eh? There are times when a man will sacrifice honor, dignity, etc, for the chance of survival of loved ones. Just a thought - we can't pass judgement without all the facts.
I was following that other thread with relish, glad that it wasn't near me because I don't need to be dodging bullets (even though my wife isn't a very good shot...)
IMO: a man's word is what he is worth.
However, (sorry, I'm the eternal Devil's advocate...) in real life there are always extenuating circumstances. Perhaps that extra $300 is making a difference for his child's dialysis machine or something, eh? There are times when a man will sacrifice honor, dignity, etc, for the chance of survival of loved ones. Just a thought - we can't pass judgement without all the facts.
05-22-2007, 10:37 AM
#17
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Look on the bright side Ed, the '84 Euro still has small brakes, and the old style syncros. If you want a Euro go with '85 or better, but preferably '86.
Get that '87 running in tip top condition and drive!
Get that '87 running in tip top condition and drive!
05-22-2007, 10:42 AM
#18
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Thread Starter
Originally Posted by JEC_31
...in real life there are always extenuating circumstances. Perhaps that extra $300 is making a difference for his child's dialysis machine or something, eh? There are times when a man will sacrifice honor, dignity, etc, for the chance of survival of loved ones. Just a thought - we can't pass judgement without all the facts.
Still, SERENITY NOW!
Heh heh...
05-22-2007, 10:44 AM
#19
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Originally Posted by Shane
Look on the bright side Ed, the '84 Euro still has small brakes, and the old style syncros. If you want a Euro go with '85 or better, but preferably '86.
Get that '87 running in tip top condition and drive!
Get that '87 running in tip top condition and drive!
And its an '88!
05-22-2007, 01:10 PM
#20
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Originally Posted by NeverLateInMyNineTwoEight
Good points Shane.
And its an '88!
And its an '88!
My opinion is this:
Run the '88 stock with an x-pipe, aero mirrors and maybe a side moulding delete.
Take the '85 and have a DR custom twinscrew installed, you will forget all about wanting a 5sp in that car.
05-22-2007, 01:19 PM
#21
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Originally Posted by Shane
My bad...
My opinion is this:
Run the '88 stock with an x-pipe, aero mirrors and maybe a side moulding delete.
Take the '85 and have a DR custom twinscrew installed, you will forget all about wanting a 5sp in that car.
My opinion is this:
Run the '88 stock with an x-pipe, aero mirrors and maybe a side moulding delete.
Take the '85 and have a DR custom twinscrew installed, you will forget all about wanting a 5sp in that car.
Problem is, the '88 has a lot of deferred maint issues, and I'm not sure I want to do all of them. The car is worth it no doubt.
Ah, what to do, what to do...???
05-22-2007, 02:46 PM
#22
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Originally Posted by ACG
I recollect studying somewhere in my MBA Business Law course that a contract consitutes two key elements: an offer and acceptance. IIRC, a gentleman's agreement (or verbal agreement) can actually be binding in the court of law if there is mutual offer (by the seller), valid consideration (by both parties) and reciprocal acceptance (by the buyer):
"Acceptance validates the contract; it gives it life. It is at that moment that a contract exists; that there is consensus ad idem (assuming a valid offer and consideration). It also must be clear, unequivocal, unconditional and made by the person to whom the offer is intended."
Source: http://www.duhaime.org/LegalResource...cceptance.aspx
05-22-2007, 10:54 PM
#25
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I think that if the guy wanted to be running an auction, he should have told everyone involved.
Ed went there, made a good faith offer, and it was accepted. I'm sure it worked out for the best (for Ed), but if this guy was an honest guy trying to get top dollar for his kid's dialysis or whatever he should have notified all bidders of the terms and then let anyone who wanted to play speak up.
Ed, you played it right but I think if you would have won the car you would have lost on the deal. Something fishy about a deal that was done that way in the first place. If it seems too good to be true...
Ed went there, made a good faith offer, and it was accepted. I'm sure it worked out for the best (for Ed), but if this guy was an honest guy trying to get top dollar for his kid's dialysis or whatever he should have notified all bidders of the terms and then let anyone who wanted to play speak up.
Ed, you played it right but I think if you would have won the car you would have lost on the deal. Something fishy about a deal that was done that way in the first place. If it seems too good to be true...
06-16-2008, 07:29 AM
#27
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Nice try. You anticipated the mess that might erupt and tried to get in front of it with a quick close. Didn't work, but it was your best shot, and you knew it. There are plenty more out there. Drive on. Seller was a dh, agreed.
06-16-2008, 09:27 AM
#28
I almost had something similar happen to me about 18 months ago when I bought my '01 Ford Explorer Sport Trac truck. I found it on Auto Trader. Called the guy at about 5pm on a Saturday, sounded like what I wanted as I had been looking a while. Conviced the wife to take the two hour drive south to see it on a Saturday evening. Once I saw it, it was just what I wanted, and at a very good price. Even my wife told me to buy it if it was what I wanted because it was in such good condition. He was selling due to getting remarried & already had another vehicle to drive.
The seller was an electrical engineer with an aerospace company & kept it immaculate. He lived in a very nice home & was the original owner. Kept the maintenance up, oil changes every 3K miles, etc. & had it all documented. After driving it & looking it over, him telling me the history, I offered him his full asking price & he accepted. Since it was 9pm on a Sat., I gave him a $500 deposit check & we shook, etc. We worked out that I'd drive down the following week & pay him the balance either in cash or check, his preference. I drove home. Wife asked, why didn't you get something in writing? I told her the guy had integrity & we had a deal, I'd given him a $500 deposit check. Told her that we'd do the paper work the following week. We consumated the deal in front of her & his 17 year old son. I had no worries.
Foolish me, I guess I'm nieve or living in yesterday. The next day, while at the airshow with the entire family my cell phone rings at 3pm, just before the Blue Angels. He's telling me about some lady that called him & offered another $500 sight unseen for the truck. He was calling me because he felt "obligated" to allow me the chance to at least match her price. I was floored & pissed, but kept my cool. I just told him NO, that I wasn't getting into any bidding wars for his truck, just let her have it. That we had a deal, we agree, shook & that he had accepted my $500 check as a deposit of the sale. I said, I certainly understood if he needed the additional $500. That I couldn't fault him for that if he needed the money that badly. Told him I'd cancel my check & he could sell it to the lady.
I reminded him that l didn't drag my wife on a four hour round trip on a Sat. night if I wasn't serious about the purchase, much less give him the $500. That she questioned my reasoning not getting our agreement in writing, especially noting the deposit. I told her I was confident that he appeared to be a very reputable person, was a surely a man of integrity & a man of his word. Especially since he did the deal in front of his impressionable teenager. But I wasn't getting into any bidding wars, after the deal was set. Just like I wouldn't have come back to him & tell him I was buying another truck instead. So I told him again, that I understood if the $500 was more important to him than the example that he was giving his son in the value of a man's word in a business deal. All the time acting matter of fact about it. I'd be darned if I was paying more than we had agreed upon. He could choke on the extra $500 before I'd do that! In reality, if he'd had the truck priced $500 more, I'd have paid that price. But he had set his list price & I offered him his full price.
After I told him my impressions, he caved, apologized & said I was right, he had made a deal with me & that he would honor it. That integrity was important to him, especially since his son had witnessed everything. He called me later that night & left me a message apologizing again, & saying he had to come my way that next Sat. with his fiance, & he could drive the truck up to me. He did & we finished the deal, WITH the previously planned bill of sale in writing I might add! Probably will cause me to think a bit more before I assume a man's word is enough. If I'd gotten a bill of sale at the time, I'm sure other than cancelling the $500 check, that going to court to persue specific performance of the contract wouldn't of been worth it. Maybe there was no other buyer. Maybe because we had not written up a bill of sale initially is what caused him to think he could either bs me up in price or really did have another potential buyer. People that act that way wouldn't care about a piece of paper anyway. Either way, it's a sad day when people will sell out on their word & handshake for a few hundred bucks!
The seller was an electrical engineer with an aerospace company & kept it immaculate. He lived in a very nice home & was the original owner. Kept the maintenance up, oil changes every 3K miles, etc. & had it all documented. After driving it & looking it over, him telling me the history, I offered him his full asking price & he accepted. Since it was 9pm on a Sat., I gave him a $500 deposit check & we shook, etc. We worked out that I'd drive down the following week & pay him the balance either in cash or check, his preference. I drove home. Wife asked, why didn't you get something in writing? I told her the guy had integrity & we had a deal, I'd given him a $500 deposit check. Told her that we'd do the paper work the following week. We consumated the deal in front of her & his 17 year old son. I had no worries.
Foolish me, I guess I'm nieve or living in yesterday. The next day, while at the airshow with the entire family my cell phone rings at 3pm, just before the Blue Angels. He's telling me about some lady that called him & offered another $500 sight unseen for the truck. He was calling me because he felt "obligated" to allow me the chance to at least match her price. I was floored & pissed, but kept my cool. I just told him NO, that I wasn't getting into any bidding wars for his truck, just let her have it. That we had a deal, we agree, shook & that he had accepted my $500 check as a deposit of the sale. I said, I certainly understood if he needed the additional $500. That I couldn't fault him for that if he needed the money that badly. Told him I'd cancel my check & he could sell it to the lady.
I reminded him that l didn't drag my wife on a four hour round trip on a Sat. night if I wasn't serious about the purchase, much less give him the $500. That she questioned my reasoning not getting our agreement in writing, especially noting the deposit. I told her I was confident that he appeared to be a very reputable person, was a surely a man of integrity & a man of his word. Especially since he did the deal in front of his impressionable teenager. But I wasn't getting into any bidding wars, after the deal was set. Just like I wouldn't have come back to him & tell him I was buying another truck instead. So I told him again, that I understood if the $500 was more important to him than the example that he was giving his son in the value of a man's word in a business deal. All the time acting matter of fact about it. I'd be darned if I was paying more than we had agreed upon. He could choke on the extra $500 before I'd do that! In reality, if he'd had the truck priced $500 more, I'd have paid that price. But he had set his list price & I offered him his full price.
After I told him my impressions, he caved, apologized & said I was right, he had made a deal with me & that he would honor it. That integrity was important to him, especially since his son had witnessed everything. He called me later that night & left me a message apologizing again, & saying he had to come my way that next Sat. with his fiance, & he could drive the truck up to me. He did & we finished the deal, WITH the previously planned bill of sale in writing I might add! Probably will cause me to think a bit more before I assume a man's word is enough. If I'd gotten a bill of sale at the time, I'm sure other than cancelling the $500 check, that going to court to persue specific performance of the contract wouldn't of been worth it. Maybe there was no other buyer. Maybe because we had not written up a bill of sale initially is what caused him to think he could either bs me up in price or really did have another potential buyer. People that act that way wouldn't care about a piece of paper anyway. Either way, it's a sad day when people will sell out on their word & handshake for a few hundred bucks!
06-16-2008, 11:22 PM
#29
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I had a heck of a time getting in touch with the former owner of my 928. I emailed him almost a dozen times about the 928s euro spec he had on craigslist. He finally called back 2 days later and told me I would be # 3 on the list to look at it. The first 2 poeple had no idea what they were looking @ or didn't have the $1,400 he was asking. I ran to the bank and gave him $250 to hold it! Told him I would go to the bank and get the rest the next day!
here is a pic of what $1,400 got me off craigs List!
here is a pic of what $1,400 got me off craigs List!
Last edited by smudaaar; 06-22-2008 at 09:46 AM.