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car deposits rights

allpine5346 · 2012-07-29 12:53:28

Hi i advertised my second hand car as a private sale on autotrader someone came and left me £1000 depopsit so i took it off the advert as it was sold , 2 days later he has told me that he no longer wants the car as he cant afford it , do i have to give him his deposit back ?

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bris Posts: 10,548 Forumite

29 July 2012 at 2:26PM

You can keep the deposit until you resell the car, you must do your best to mitigate your losses but you can keep the difference between what the car sells for and the £17500 agreed between you.

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car deposits rights

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