Guy buys car. Guy leaves deposit...then backs out.

**EKaru** · Sat, May-05-2012, 11:40:30 PM

Quote:

Originally Posted by P4lm3r

Keep 10%(up to $250). Don't be a dik. The guy found another car, let him out.

Quote:

Originally Posted by vivid

leaning towards a refund

That... I guess I'm just too much of a nice guy. There are plenty of irresponsible and impulsive people out there and things happen. I would just refund the money and move on.

**EKaru** · Sat, May-05-2012, 11:59:46 PM

You guys who would decide to keep the money: Regardless of the contract, do you feel as though you've earned or deserve to keep the deposit? In a personal transaction like that, I would feel like a total jerk keeping the money.

JoaiM3 · Sun, May-06-2012, 12:58:57 AM

I change my vote now after reading post 14. It was clearly stated non-refundable so of course the seller would keep the deposit.

HOWEVER, if I was the seller and the buyer knows where I live, work, etc, then I'd definitely give back a percentage and if the buyer's crazy then I'd give it all back lol.

**EKaru** · Sun, May-06-2012, 01:07:16 AM

This thread is about what YOU would do in this situation.. Not what the consummate fool on vortex should do.

m3e46freak · Sun, May-06-2012, 01:19:48 AM

If its in writing saying that there will be a refund if one backs out then give it back. If in writing it saying the opposite then to bad to the potential buyer but you will not be getting a refund and there is not a damn thing they can do about it.

**EKaru** · Sun, May-06-2012, 01:27:55 AM

Quote:

Originally Posted by m3e46freak

If its in writing saying that there will be a refund if one backs out then give it back. If in writing it saying the opposite then to bad to the potential buyer but you will not be getting a refund and there is not a damn thing they can do about it.

wow...

///scott · Sun, May-06-2012, 01:38:34 AM

If you give back the money that defeats the purpose of a deposit. If you're feeling nice and decide to give it back then props to you, but you should in no way feel obligated to.

I would personally keep it.

**EKaru** · Sun, May-06-2012, 01:45:38 AM

Quote:

Originally Posted by ///scott

If you give back the money that defeats the purpose of a deposit. If you're feeling nice and decide to give it back then props to you, but you should in no way feel obligated to.

I would personally keep it.

You wouldn't feel bad or guilty for keeping someone else's $500 because they changed their mind for whatever reason? The contract may entitle you to the money but it's not like you earned it.

///scott · Sun, May-06-2012, 01:58:26 AM

Quote:

Originally Posted by EKaru

You wouldn't feel bad or guilty for keeping someone else's $500 because they changed their mind for whatever reason? The contract may entitle you to the money but it's not like you earned it.

I guess if I wasn't a broke college kid, I would be nice and give it back. However, in my current economic state I would keep it.

M3ANMACHINE · Sun, May-06-2012, 02:35:13 AM

He stated "Non-Refundable"

He should keep the, Non-Refundable deposit because it's non refundable...

View Poll Results: What would you guys do in this situation?
Keep the Deposit	34	62.96%
Refund the Deposit	20	37.04%
Voters: 54. You may not vote on this poll

Sat, May-05-2012, 11:59:46 PM	#22
EKaru Moderator Join Date: Nov 2004 Age: 38 Posts: 32,241 Reputation: 766 Location: PA & MD	Re: Guy buys car. Guy leaves deposit...then backs out. You guys who would decide to keep the money: Regardless of the contract, do you feel as though you've earned or deserve to keep the deposit? In a personal transaction like that, I would feel like a total jerk keeping the money.

Sun, May-06-2012, 12:58:57 AM	#23
JoaiM3 2005 BMW ///M3 ZCP Join Date: Sep 2005 Posts: 1,103 Reputation: 0 Location: San Francisco & San Diego	Re: Guy buys car. Guy leaves deposit...then backs out. I change my vote now after reading post 14. It was clearly stated non-refundable so of course the seller would keep the deposit. HOWEVER, if I was the seller and the buyer knows where I live, work, etc, then I'd definitely give back a percentage and if the buyer's crazy then I'd give it all back lol. __________________ 2005 BMW ///M3 ZCP

Sun, May-06-2012, 01:07:16 AM	#24
EKaru Moderator Join Date: Nov 2004 Age: 38 Posts: 32,241 Reputation: 766 Location: PA & MD	Re: Guy buys car. Guy leaves deposit...then backs out. This thread is about what YOU would do in this situation.. Not what the consummate fool on vortex should do.

Sun, May-06-2012, 01:19:48 AM	#25
m3e46freak M3 Freq Join Date: Jun 2007 Posts: 11,457 In the garage: '11 BMW M3 Reputation: 0 Location: 'Merica, but ask me where I wish I was...	Re: Guy buys car. Guy leaves deposit...then backs out. If its in writing saying that there will be a refund if one backs out then give it back. If in writing it saying the opposite then to bad to the potential buyer but you will not be getting a refund and there is not a damn thing they can do about it. __________________ 04 Jet Black SMG - NAV Cinnamon Sonic Tuning Spacers 15mm Alcantara steering with and pillars and boots Valentine V1 Laser Interceptor BMC filter Full real carbon trim to include seat backs and paddles Scorza mufflers CSL bumper and trunk ST coil OEM Roof m3e46freak@yahoo.com for outside contacting

Sun, May-06-2012, 01:38:34 AM	#27
///scott Registered User Join Date: Oct 2010 Posts: 558 In the garage: '92 MERCEDES-BENZ 300 '02 BMW M3 Reputation: 0 Location: Connecticut	Re: Guy buys car. Guy leaves deposit...then backs out. If you give back the money that defeats the purpose of a deposit. If you're feeling nice and decide to give it back then props to you, but you should in no way feel obligated to. I would personally keep it. __________________ '02 CB M3\|6MT\|kw v2\|fabspeed\|rogue el diablo

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode