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Sold And Changed My Mind

123468

Comments

  • Wig
    Wig Posts: 14,139 Forumite
    Basically, you had a contract with this guy to sell him your car at the price agreed, and he paid a deposit to secure that agreement with you.

    If you back out of the deal, he would be within his rights to buy a similar car for the best price he could get and if it was more than he had agreed with you, he could sue you for the "loss of bargain" (the difference in price). As far as I know.

    However, as part of the deal was that he would pay the remainder of the balance, today? yesterday? whatever....... anyway, he failed to pay the balance as and when agreed, so the original contract is now void.

    He has probably said to you he will pay the balance on Monday. The question is, did you agree? If you did agree, then you have entered into another contract. And the same rules apply as did in the first contract.

    You could argue that you did not agree to the new payment terms, and phone him tomorrow telling him that you consider the deal to be off, and that you will return his money.

    Practically speaking he's not gonna do anything if you pull out and say the deals off. It would be very difficult for him to find a similar car and claim a loss of bargain from you.
  • Wig
    Wig Posts: 14,139 Forumite
    ROFL, this guy is in USA!

    As he drove 200 miles to see the car, that's 400 miles "round trip" (an americanism I believe). I think you should give him his deposit back plus his fuel costs for the 400 mile trip. And make sure you tell him on the phone ASAP that the deal is off and not to come on Monday.
  • so you have to goto your mothers house no matter what?!
  • photome
    photome Posts: 16,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Bake Off Boss!
    This is one of the most ridiculous threads I have ever read.

    The OP should have said at the beginning he is in the USA!!!!
  • mikeouk
    mikeouk Posts: 534 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    photome wrote: »
    This is one of the most ridiculous threads I have ever read.

    The OP should have said at the beginning he is in the USA!!!!

    my first thought when i read the OP,s post was that he sounds american, nobody uses the term "title" in the uk.

    i think theres a few people on here being a little harsh, i think hes got himself all worried about the situation and just wanted some advice. Mine is.......sell to the second guy if the first is messing you round and you dont feel happy about him. He hasnt kept his side of the agreement ,so in my opinion, that cancels out everything, give him his money back, sell to the second guy, give your mother her money.sorted
  • photome
    photome Posts: 16,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Bake Off Boss!
    mikeouk wrote: »
    my first thought when i read the OP,s post was that he sounds american, nobody uses the term "title" in the uk.

    i think theres a few people on here being a little harsh, i think hes got himself all worried about the situation and just wanted some advice. Mine is.......sell to the second guy if the first is messing you round and you dont feel happy about him. He hasnt kept his side of the agreement ,so in my opinion, that cancels out everything, give him his money back, sell to the second guy, give your mother her money.sorted


    Unless the first guy gets nasty...what happens in the US when things turn nasty:confused:
  • mikeouk
    mikeouk Posts: 534 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    photome wrote: »
    Unless the first guy gets nasty...what happens in the US when things turn nasty:confused:

    not sure,,throw burgers at him?
  • never mind, you have made it clear that you cant give good advise

    next time I ask any question on a thread I'll make sure it dont say UK in small letters on the page somewhere

    they should specify that us post are not allowed and you are going to get drilled for posting
  • Or maybe point out that you're in the US next time you post, as most folk on here from the UK...
  • mrcow
    mrcow Posts: 15,170 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    dbryant549 wrote: »
    never mind, you have made it clear that you cant give good advise

    next time I ask any question on a thread I'll make sure it dont say UK in small letters on the page somewhere

    they should specify that us post are not allowed and you are going to get drilled for posting

    Welcome to the forums ;)

    It may have been helpful to have said your country of residence in your opening post (over here 400 miles will get you from one end of the country to another ;)).

    Good luck with the car. Personally I wouldn't sell to anyone who is messing me about. But it's your call.
    "One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
    Because by then you've blown your chances. That's it."
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