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!
My hobby is selling cars, sold car and buyer wants more than a refund
Comments
-
be interesting to hear thoughts on this, thank you all for your comments on this. i think from now on i will sell all cars as spares and repair to cover myself - if give it up completely..George_Michael said:
All the seller has to do under the CRA is to put the buyer back in the same position (ie, a full refund) but the CRA (19.9) also states that a consumer can take further action to recover any losses above the price paid.DoaM said:Lots of people castigating the OP ... as everyone is classing him as a business then all he has to do is put the buyer back in the position as if the contract had never been formed; ergo a full refund. The buyer paying out on repairs to the vehicle was the buyer's choice - they should have contacted the seller first. (That's what we'd say if it was a buyer who posted here).
It was only after the time that the extra money had been spent on the repairs that the buyer found out that the vehicle had been misdescribed (found out during a service) so how could they previously have contacted the seller about something of which they were unaware of?0 -
That appears to be a good business model. Buy a car sold as working and sell as scrap (effectively). Unless you intend to break them and sell the parts there is no profit whatsoever.tadley6677 said:
be interesting to hear thoughts on this, thank you all for your comments on this. i think from now on i will sell all cars as spares and repair to cover myself - if give it up completely..George_Michael said:
All the seller has to do under the CRA is to put the buyer back in the same position (ie, a full refund) but the CRA (19.9) also states that a consumer can take further action to recover any losses above the price paid.DoaM said:Lots of people castigating the OP ... as everyone is classing him as a business then all he has to do is put the buyer back in the position as if the contract had never been formed; ergo a full refund. The buyer paying out on repairs to the vehicle was the buyer's choice - they should have contacted the seller first. (That's what we'd say if it was a buyer who posted here).
It was only after the time that the extra money had been spent on the repairs that the buyer found out that the vehicle had been misdescribed (found out during a service) so how could they previously have contacted the seller about something of which they were unaware of?0 -
OP can you stand a visit from Her Majesty's Revenue and Customs? I suspect not if you messed me around as the buyer that would be my first phone call. Pay the guy what he is asking for (backed by receipts if you must).0
-
As he has done repairs that you agreed needed done you will be getting back a car in better condition than when you sold it.0
-
That is true, but the only invoices he has are for parts (£180) and wants £825 on top of the purchase price to reject the car. I have offered him £2900 (purchase price) + £525 on return of the car, Which i thought was a reasonable offer seeing as there are no invoices / receipts for the work carried out (servicing / valeting etc).sheramber said:As he has done repairs that you agreed needed done you will be getting back a car in better condition than when you sold it.0 -
Have you declared your profits to HMRC? Did you pay eBay fees for the sale? I’d obviously be far more concerned about the first than the second but the buyer could put you in a very difficult position and it’ll end up potentially costing you far more than the car. I’d suggest keeping the buyer on side and offering him what he’s asking for.
I also think the suggestion of giving it up is a good one. You clearly don’t want to run this as a business, despite it being so.1 -
To be fair, I'm not sure that the first thing the buyer will be thinking is ''has this man I'm buying a car from put in his latest self assessment?''Gavin83 said:Have you declared your profits to HMRC? Did you pay eBay fees for the sale? I’d obviously be far more concerned about the first than the second but the buyer could put you in a very difficult position and it’ll end up potentially costing you far more than the car. I’d suggest keeping the buyer on side and offering him what he’s asking for.
I also think the suggestion of giving it up is a good one. You clearly don’t want to run this as a business, despite it being so.
0 -
Why on earth would you take a car off Ebay for a buyer who thought he may be outbid. That does not make sense. Nothing to do with paying the Ebay fees then?1
-
You're probably right but if after they have bought the car, found it to different to how it was advertised then returned it for a refund and found themselves out of pocket through no fault of their own, they may well start thinking about what their next steps might be and one of these steps may involve HMRC.Potbellypig said:To be fair, I'm not sure that the first thing the buyer will be thinking is ''has this man I'm buying a car from put in his latest self assessment?''
As the OP has been selling "1 or 2 cars a month", then if the taxman did get involved (unlikely but still possible), the tax involved may turn out to be a fair amount.0 -
If he doesn't have invoices for the work done, how can he prove it's even had the work?tadley6677 said:
That is true, but the only invoices he has are for parts (£180) and wants £825 on top of the purchase price to reject the car. I have offered him £2900 (purchase price) + £525 on return of the car, Which i thought was a reasonable offer seeing as there are no invoices / receipts for the work carried out (servicing / valeting etc).sheramber said:As he has done repairs that you agreed needed done you will be getting back a car in better condition than when you sold it.
I'd be telling him to forget the extra unless he can provide invoices proving those parts are fitted to that car from a garage.1
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
