Do you get your deposit back

Orrin

Active VIP Member
Joined
Jan 26, 2009
Messages
1,532
Reaction score
36
Location
Near Chestermere
We've all been there and we'll all be there again, the right thing is to give it back.
 

heavy d

Active VIP Member
Joined
Dec 11, 2009
Messages
2,591
Reaction score
353
Location
Beiseker,AB
Seriously, 30 people have said give it back...Or dont, your choice, but if 30 people give your advice on a question that YOU asked, take the advice...



The dude seen ur truck, something moved in his pants, he handed u money.

He went home, his wifes foot moved swiftly, moving something else in his pants, he called and said no deal.

Give him his money back man.....and have a good sleep tonight
 

summitx

Active VIP Member
Joined
Nov 13, 2006
Messages
396
Reaction score
66
Location
Ardrossan
Give it back, put yourself in the guys shoes. Usually when a guy backs out on a decent deposit there's a good reason why...
 

Cyle

Active VIP Member
Joined
Jan 21, 2008
Messages
7,182
Reaction score
4,762
Location
edmonton
If you missed a potential sale I would tell him you want to keep it until it sells. If you can't get what you where going to get from him, keep that much of the deposit. If you can get the same money give it all back.

Seems fair to me.

It sucks to be in both shoes if his excuse is real. I mean if he found something he liked better I would tell him to pound sand. But if you know he is no longer looking for another one for whatever reason it would be nice to get it back.

But on the other hand, you were sure it was sold, and it cost you time.
 

mel.h

Active member
Joined
Dec 3, 2007
Messages
137
Reaction score
11
Location
Stony Plain
Ok, so if you have a legal deposit agreement, AND it states that if he backs out of sale, he forfeits the deposit, why ask the question? From a legal standpoint, you are entitled to keep it...

If you formatted an agreement and included a forfeit clause, then you must have thought this through, still dont understand why ask us the question then...

If you put a deposit on a vehicle at a dealership, and dont take it, they will refund your deposit. With your agreement, I assume you intended to keep any deposit, so again, why the hesitation??

Either you DONT have an agreement, OR it isnt a legal agreement, OR you are scared that KARMA has your address...

Seriously, 30 people have said give it back...Or dont, your choice, but if 30 people give your advice on a question that YOU asked, take the advice...



Agree with longhorn & the others... GIVE IT BACK! JMO
 

gotboost

Active VIP Member
Joined
Oct 18, 2008
Messages
2,762
Reaction score
3,645
Location
Northern AB
i had $10000 dollar deposits and i gave them back so give the money back and and karma will do something for u :d
 

Work2Ride

Active VIP Member
Joined
Nov 12, 2008
Messages
1,899
Reaction score
119
Location
Grande Prairie, AB, CDN
If you missed a potential sale I would tell him you want to keep it until it sells. If you can't get what you where going to get from him, keep that much of the deposit. If you can get the same money give it all back.

Seems fair to me.

It sucks to be in both shoes if his excuse is real. I mean if he found something he liked better I would tell him to pound sand. But if you know he is no longer looking for another one for whatever reason it would be nice to get it back.

But on the other hand, you were sure it was sold, and it cost you time.

I agree with this guy, but Im the second cheapest fellow on S&M.




Magnet is First.
 

Modman

Active VIP Member
Joined
Mar 13, 2008
Messages
6,040
Reaction score
8,523
Location
Castlegar
I'm with the others. Give the $$ back, not worth your hassle of dealing with some pissed off guy who is going to go and badmouth you around town to other prospective buyers. It sounds like you had lots of offers or potentials, adjust your ad or call some of the other guys back and tell the buyer backed out, truck is still for sale.

If you don't need the $$ from his deposit, give it back IMO. It'll be a feel good story to tell the next potential buyer that he's dealing with an honest guy. I don't think I'd buy a truck from a guy who said he kept the money.

The old saying of "What goes around, comes around" is very true - good Karma will come back to ya.
 

magnet

Active VIP Member
Joined
Apr 29, 2008
Messages
5,364
Reaction score
1,391
Location
GSBA
And that is YOUR opinion...could be a real dabate here! Your so cheap Im betting you sell your dog to feed your cat...

no ild just feed the cat to the dog saves the whole gotta kill something deal. explaining to wife kids etc. bullet to kill dog would cost money. etc.
 

Nytroman

Active VIP Member
Joined
Aug 18, 2008
Messages
836
Reaction score
722
Location
Barrhead
I generally hold things for a guy if it is not a big ticket item and is not financially strapping me without a deposit. Other wise first come first serve.
Depending on how the sale played out and his attitude would consider holding it till the unit is sold or a couple weeks just to make him a bit more wise on his next deals, and for your hassels. I took a deposit once last year on a sled sale from a guy a long ways away after to many commitments were backed out on previously. Ya either want it or dont want it, the deposit helped make his mind up as i took it off the market for him, and the snow was turning to grass.
 

my mod

Active VIP Member
Joined
Oct 19, 2008
Messages
1,188
Reaction score
706
Location
Water Valley....Gone from McMurray!!!
Yea, Give the deposit back. There is 100 reasons why you should
This whole deposit thing is a joke anyways.
I never take deposit, just for this reason. what was the advantage of it all when you always have to give it back.
I just tell everyone, first one with the cash wins. People seem to get their cash together and hurry back if they really want it, and if not it does not matter because the next guy gets a chance to buy it.
 

maxwell

Active VIP Member
Joined
Apr 25, 2007
Messages
20,100
Reaction score
43,325
Location
Sherwood Park, Alberta, Canada
a deposit is a deposit is a deposit. keep it. or at least some. or go with boggers idea. thats clever.

im not a shallow person i hold parts and things for people for months passing up sure sales. that being said my time is valuable and im sure yours is too.



were you suppsoed to hold his hand while he asked his wife also?
 
Last edited:

max900

Active member
Joined
Dec 9, 2009
Messages
90
Reaction score
6
Location
marwayne AB
so ifind out today he bought a diff truck so he was playing the field with this deposit thing so we come to a agreement i gave him 400 back he was happy with that i was p/ssed he was playing around
 

mynewuseddoo

Active member
Joined
Feb 7, 2010
Messages
94
Reaction score
5
Location
shuswap
People are too trusting these days. I agree with Maxwell, a deposit is a deposit. If someone gives me some cash to hold my vehicle that is for sale, I consider that the down payment. This is obviously an adult buying this vehicle and if he can't manage his money well enough then tough titties. As far as the ole wife excuse. If it had actually been the wife for real then keep half to teach the guy to stop being a little pu$$y and grab a pair. But as it turned out he was lying all along. There are so many of those douches out there trying to play sellers, it's terrible, especially these days.

You know it's one thing to say give the money back, the buyer must have a need for it....all of a sudden. Well what about the seller? What if the seller is selling the vehicle for the same reasons? There are three sides to every coin, one set of facts, another set of facts, and the truth. Turns out truth prevailed and the buyer really was a scum bag. Should have sent him a card with a check for the $700 ripped up and a letter telling this guy to get bent, IMO. Subtle, I know, but effective:) lol.

I hope you sell your truck in the mean time buddy!:) good luck!
 
Top Bottom