We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Selling car, buyer pulls out

1356

Comments

  • blacksta
    blacksta Posts: 919 Forumite
    ezzatoa wrote: »
    The thing is i no longer have the deposit, i sold the car to fund my new project

    you have lost me completely . I thought you said you havent sold the car , do you mean u sold to another buyer in which case i think it would be better to refund the deposit
    I owe £3233 @ 0%
  • pitkin2020
    pitkin2020 Posts: 4,029 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    So what your saying blacksta that as a buyer you can effectively go around to as many people as you like saying you'll buy their car, heres a deposit. Securing lots of cars that sellers can no longer offer for sale then you can just change your mind and the seller should hand the money back!!

    Its this kind of behaviour that really !!!!es me off with ebay, where some mug bids and wins several items then doesn't complete on the ones they don't want. Sorry but the buyer in this instance has said he can't afford it, he should have thought of that BEFORE parting with a deposit.
    Everyones opinion is the most important.....no wonder nothing is ever agreed on.
  • ezzatoa
    ezzatoa Posts: 16 Forumite
    ?? I havnt sold the car
  • scheming_gypsy
    scheming_gypsy Posts: 18,410 Forumite
    ezzatoa wrote: »
    so a reservation is refundable?

    like if you pay to reserve a table at a restraunt then dont turn up and expect your money back?

    depends if the deposit is none refundable.
    pitkin2020 wrote: »
    Just seen you sold the car, so he can't pay you the remaining balance as you no longer have the car lol
    blacksta wrote: »
    you have lost me completely . I thought you said you havent sold the car , do you mean u sold to another buyer in which case i think it would be better to refund the deposit


    i doubt he's sold it, he only got told off the first person today so i'm guessing he means he's selling it to fund another project and spent the money on the new project... Which is a bit silly as the buyer could turn up and if it isn't as described he'd be entitled to his deposit back
  • ezzatoa
    ezzatoa Posts: 16 Forumite
    no i mean the reson i sold the car was to fund my project, which the £100 has been sunk into already
  • pitkin2020
    pitkin2020 Posts: 4,029 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ezzatoa wrote: »
    ?? I havnt sold the car

    you said you had here
    ezzatoa wrote: »
    The thing is i no longer have the deposit, i sold the car to fund my new project
    Everyones opinion is the most important.....no wonder nothing is ever agreed on.
  • pitkin2020
    pitkin2020 Posts: 4,029 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ezzatoa wrote: »
    no i mean the reson i sold the car was to fund my project, which the £100 has been sunk into already

    so you mean the reason you are selling the car, not sold!!! you keep saying sold adding to the confusion
    Everyones opinion is the most important.....no wonder nothing is ever agreed on.
  • ezzatoa
    ezzatoa Posts: 16 Forumite
    I understand what your saying gypsy but the write up is very detailed stating ALL defects
  • ezzatoa
    ezzatoa Posts: 16 Forumite
    yes sorry to confuse
  • BoGoF
    BoGoF Posts: 7,098 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    So, to the OP, if you paid a £500 deposit to a garage to 'reserve' a car then couldn't go ahead with the purchase you would be happy to lose the £500?
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.1K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture