ive got myself in a situation and i dont really know what to do about it...almost 2 years ago a guy called me wanting to buy a31 ford model a fordor complete car from me...i was asking 1800 dollars on the car and over time he talked me down to 500 bucks for the car and a set of artillery wheels...i was already taking a loss..he said he would send me 250 dollars to hold the car and a week or two later he would pick it up and give me the other 250 bucks...he sent the first 250 no problem now going on 2 years later the car still sits...about a month or more ago he called out of nowhere and told me he was going to come pick it up finally after i had not heard from him for that long and never have met him..and to give him until the end of the week...a month has gone by and hes disappeared again have not heard from him...but a buddy of mine is riding my *** about wanting to buy the car and has the cash and trailer ready to give me what im asking for it ...do i wait around on the guy who sent me 250 bucks 2 years ago or do i sell it to my buddy because hes ready for it and i gave the other guy plenty of time?? i just dont want to be screwing anyone over...what are yalls opinioins?? i know a guy whos dad had a 40 ford convertible and a guy bought the car from him..he paid in full and got a bill of sale and said he was going to get a trailer and would be back...well 26 years later the guy shows up at my buddys place and his dad who had sold the car had p***ed away by then...and the guy still has the bill of sale and wants his car...my friend had sold it 15 years earlier but because he had a bill of sale that was 26 years old he fought it in court and had to be refunded his money...just a crazy deal i thought id shae but on my deal there was no paperwork written...
Ugly situation. The guy is an *** for talking you down on a deal and then not coming through. However, you did make a deal. I would tell him to get the car today or his $250 tomorrow.
the dude lost out, primarily because he reneged on the original deal of getting you the second $250, then calling back after TWO years and asking you to wait for two more weeks, again missing that deadline. I'd tell the guy "Sorry, I waited as long as I could, here's your $250 back." End of story.
Man you have the patience of Jobe....Sell your buddy the car, and if the other guy contacts you tell him to come and get his $250.
I'm with electro on this one. The dude wasted your time. sell your buddy the car and hold the $250 to give back to the guy. If he's pissed, "heres your money back, and your sign, get off my property!"
I went through the same sort of deal selling a 55 chevy body I had, guy left a deposit knowing I had to have the car gone within the week due to a court date with the building inspector (only reason for selling it & several others). Guy never came back and I was deep in a corner with the court. I sold the car to someone else. Many months later the guys wife/girlfriend calls asking about the deal. I explained the entire situation to her and never heard another word. I'd say after 2 years plus, your buyer is SOL and you do what you have to do.
Send the guy a registered letter stating that from this date forward, you are charging him storage on the car. Make the amount of storage reasonable, and give him a certain amount of time to pick it up. If he does not comply, check local laws regarding vehicles abandoned on your property. You may find that you can reclaim the car for the storage due. Then sell it to your pal for whatever deal you made with him. just my 2c...
change your number and sell it to your friend..Just kidding!! sell it to your friend..when or if the other guy ever calls you again tell him his 250 is waiting for him to show up..or you will send it in the mail..in 2 or so years..what a dip ****
$250.00 and waiting for 2 years for him to pay the other half, $250.00 = 2 year storage fee, I'd sell it to someone else, and if he were to call (2 years later) I'd tell him he's SOL if I ever heard from him again!
I was going to suggest the same thing that vertible59 did. And from where I am sitting that would be more than fair. One of my buddys is famous for making deals on cars and taking forever and three days to go pay for them or go get them. I had to check on your address to make sure it wasn't him that you were dealing with. I have a standing policy if I sell something it is cash green money then and there with no be backs and no payment plan. Also there has to be a set time when it is picked up. I expect to do the same when I go and try to buy something. If I don't have the funds avaialble I don't go and try to make a deal. I miss out on some deals but the ones I make are good ones both ways
Hey the guy that gave you the 250$$ bucks is screwing you over just sell the car to your friend and its done you have been for two years thats along time to wait for somebody
The buyer agreed on a price and time frame,he did not meet up to his end...carryon with the sale to your buddy!
exactly! First time he didn't come through with the money, okay, you waited 'cause you're a decent fellow. Second time he didn't come through with the money again, no more waiting, 'cause while you may be a decent guy, you're not a chump!
Money now is worth more than money later. The guy had a "good" deal, for him, and now he lost it because he didn't hold up his end of the deal.
Sell your buddy the car with no regrets.When the guy calls again just ask for his address first thing and say your sending the guy back his cash in the mail. He doesnt even need to show up (which hes good at).Plus it keeps him off your property. And send it back traceable (money order or cert funds or registered mail) so you have proof you gave it back.Congrats to your buddy on his new wheels!
If it where me , he would have LOST that $250.00. 2 years is way to damn long to expect someone to hold anything. Sell it
Hey, that guy screwed you over! The least you can do is return the favor. Whats more ridiculous is the guy talked you down $1300! And he couldn't pull through on that deal?! WTF mate. If I had a deal like that, i'd have been there in a week at most. Like Firetop said, if the guys ever gets ahold of you again, get and address and send it needing a signature. The last thing you want is this dumb*** to come at you for "keeping and not refunding his 250 for two years", which they almost certainly would. Whatever you do, do not feel bad for the guy. If he can't see where he's in the wrong, he'll just take it out on you cuz he feels stupid.
tell him two years and two weeks is too long. Get his address, and tell him you'll get him his money. Then wait TWO years and TWO weeks, give him a quick thought, then spend the money.
Tell him you still have the 250.00 but waited as long as you could(2 years) and have sold it and offer the 250.00 back to him
This is an EASY one. As already said, that guy screwed himself. Sell the car to your buddy. Do not p*** go, do not collect $250. Alright, if you're gonna feel bad about it, tell Mr. $250 he can come pick up the money, personally. He's h***led you enough, if he can't get the money personally, too bad. Hell, tell Mr. $250 that he can come pick the car up for the $250 he already spent. Sell it to your buddy. If Mr. $250 ever shows up, hand him a piece of paper that's made to look like a 250-dollar bill. On one side print a picture of the car being stored, on the other a picture of the car being trailered away. Or, just mail it to him as a check. "Check's in the mail". I try to be a very ethical person. Again, Mr. $250 screwed himself over- you have nothing to feel bad about. Thanks, Kurt
If your buddy is going to pay you and take the car, done deal. If he's going to pay you $500, done deal. If he's going to pay you $1800- what are you waiting for?! Ha ha- you asked for opinions and I'm full of em.
sell it to your buddy. the $250 is a non refundable deposit......think how many times you probibly could have sold it in the last 2 years. I f your consience bothers you than give him the 250. personally I'd tell him to get f@#ked!
give him the 250 back and sell it to your friend, i personally would give my friend a couple bucks off the 1800 if i let some guy i dont know talk me down to 250, my 2 cents
A deposit is money that is supposed to secure a deal. You held the deal and HE fell through (twice). BALL IS IN YOUR COURT to do what you want. I would tell him he has forfeited the $250 and the deal is over. Do what you want with the car. If he lets it drop, then it is done. If he causes a ruckus, then agree to be kind and give him his money back. He has NO further recourse beyond that. I ***ume there is nothing in writing on any of this...
I wouldn't worry about screwing anyone over. That's what he's been doing to you. It's noble that you're concerned about it, and you've been VERY generous, but 2 years is way too long, even if he called you every week. If I were you, I'd sell it to your friend. If/when the guy calls back, get his address and tell him you'll send him his money back. Then wait 2 years. I would also make this happen ASAP in case he suddenly shows up unannounced and tries to take the car. Sell it to your friend and wash your hands of the whole thing.
it would appear that not too many people understand what a deposit is. a deposit holds the car for an agreed upon reasonable time until the buyer can finish the deal. any time I get a deposit for a car or anything else I make it very clear that the deposit is non refundable since I will be telling other potential buyers the item or car is sold. I write this up and have them sign it. even without the non refundable part of the deal after 2 years this clown would be **** out of luck. I had one like this with a guy I kind of know from swap meets and stuff... not my buddy or anything but just one of those faces you see all over the place. dude gave me 100 bucks on a 500 dollar car and disappeared for 3-4 months. dude showed up and gave me a hard luck story about his financial situation and I refunded his money. I got to point out that the car was just sittin there with no other buyers and I was never actively trying to sell it. so I figure do whatever you feel is right for the situation, though I feel you are under no obligation to give his money back.
I agree 100%. Sell the car to your buddy and wait 2 years to give the guy back his money. If you even give it back. Besides with the economy that car is worth less now than it was 2 years ago. I know that if I didnt have the money to pay it off. I would be calling you everyday letting you know what the situation was. Or mowing your lawn till the $250 was paid up. Of course I would not buy something I didn't have the cash for.