Joint Purchases Dilemma HELP!

copey90

scheming_gypsy wrote: »

I'm guessing everybody paid in cash? which would mean that all 5 people will have bank statments to say they've all drawn out £150 but nothing to say where it's gone and no contract between the 6 of them; whereas the person with the TV will have a receipt / invoice / gaurantee etc in their name to say they bought a TV.

McKneff wrote: »

You'll be lucky if its worth £50 now, is all the fuss and stress worth it for round about a tenner.

Best thing to do is move on and bin the'friends' who are no friends at all.

it was bought just over 12 months ago so I think a fair value would be ATLEAST 200 pound would you not agree

System

Sounds like it was a shared house of 5 people and 1 person who has the TV did all the work e.g. sorted out the bills, bought the TV etc. Therefore as the TV will probably only be worth a couple of hundred quid and split between 5 people that is not much each I would argue the guy deserves the TV for doing all the work.

Legally don't really see what you can do. Taking legal action for 1/5th of a second hand TV seems a bit pointless.

heretolearn_2

Exactly so even if it is still worth £200 (which I doubt), between the 5 of them it's £40 each. So you might say he should give your OH £40. Big deal. Not worth falling out over.

But I don't understand why they all did this in the first place really, if there was only a short period left on their rented flat why bother all putting in for a tv? If you did this at the start of the year, lets say january, but you were finishing uni this summer, that's June, you all knew there would only be 6 months left living there. I can't get my head round you all putting in money for a joint tv for 6 months...Or at least didn't talk about who would get the tv at the end and under what terms. Most shared flats one person brings in a tv, it is theirs, they leave with it, but are nice enough to put it in the living room for everyone to use. But I agree with the above, if this guy did all the work and sorted everything out, for a 2nd hand telly, just let him have it for goodness sake. Or does your OH want to give everyone involved £40 each and have the telly herself? I doubt it.

System

heretolearn wrote: »

Exactly so even if it is still worth £200 (which I doubt), between the 5 of them it's £40 each. So you might say he should give your OH £40. Big deal. Not worth falling out over.

But I don't understand why they all did this in the first place really, if there was only a short period left on their rented flat why bother all putting in for a tv? If you did this at the start of the year, lets say january, but you were finishing uni this summer, that's June, you all knew there would only be 6 months left living there. I can't get my head round you all putting in money for a joint tv for 6 months...Or at least didn't talk about who would get the tv at the end and under what terms. Most shared flats one person brings in a tv, it is theirs, they leave with it, but are nice enough to put it in the living room for everyone to use. But I agree with the above, if this guy did all the work and sorted everything out, for a 2nd hand telly, just let him have it for goodness sake. Or does your OH want to give everyone involved £40 each and have the telly herself? I doubt it.

I don't understand why they bought such an expensive TV! £550 for a TV when they only had about 6 months left seems a bit extravagant! You see HD Tv's on Hotukdeals all the time for £199, true they are not brilliant but for a short term shared house they would have done the job!

dshart

What I cant understand is why you would even want to remain friends with such people.

scheming_gypsy

copey90 wrote: »

Yeah everyone paid cash, the only person with the receipt is the person who owned it. If we can prove a fair value i.e. ebay can we claim Legally that that amount is owed to us?

unlikely as everybody paid cash and there only person with a receipt is the one who bought the TV. So you have no proof that everybody chipped in for it; they could argue that it was their TV and they have a receipt to prove they bought it.

mynameisdave

Flyboy152 wrote: »

I don't understand what makes you think that a television set bought ages ago, for five hundred and fifty pounds, is still worth five hundred and fifty pounds.

I think the valuation is a little high, but the £550 is the estimated current value (well at lewast thats how I read it).

£900 between 6. £200~ for bills. £700 for a TV. I'd be surprised, even at 12 months old, if it is worth half as much.

Flyboy152

mynameisdave wrote: »

I think the valuation is a little high, but the £550 is the estimated current value (well at lewast thats how I read it).

£900 between 6. £200~ for bills. £700 for a TV. I'd be surprised, even at 12 months old, if it is worth half as much.

They (the five of them) each paid one hundred and fifty pounds, that's five hundred and fifty pounds.

dshart

Flyboy152 wrote: »

They (the five of them) each paid one hundred and fifty pounds, that's five hundred and fifty pounds.

When I went to school that worked out at £750

bod1467

5 x £150 = £750 ... or at least it did when I went to school.

£550 / 5 = £110

SNAP! :rotfl: