sale fell through on the LCR- would you give the deposit back?

233 · 14 Aug 2011 at 23:58

Robbo said:
Keep it. You're doing nothing wrong and he'll have to chalk it down to experience.

How old was he? Did he seem dodgy?

not dodgy at all, i sort of know the guy through one of the vag owners clubs and he ages with me(30) so dont understand why he's struggling with insurance (we pay under £700 for both the wife and I in one of the roughest areas of Glasgow

byteagig · 14 Aug 2011 at 23:59

The_Abyss said:
How would you want to be treated?

That's what you should do.

Exactly. If I left a deposit of £250 for a private sale of a car and then changed my mind, I would expect to get the money back no questions. If the seller then told me that he had lost money by taking the afternoon off work and so on I would offer some of the money back.
If the seller told me he was keeping all the money I would consider that person to be a **** head

Robbo · 15 Aug 2011 at 00:00

Foxtrot26 said:
not dodgy at all, i sort of know the guy through one of the vag owners clubs and he ages with me(30) so dont understand why he's struggling with insurance (we pay under £700 for both the wife and I in one of the roughest areas of Glasgow

He's quite possibly just changed his mind. I doubt he'd have trouble insuring such a car to be honest.

byteagig said:
Exactly. If I left a deposit of £250 for a private sale of a car and then changed my mind, I would expect to get the money back no questions. If the seller then told me that he had lost money by taking the afternoon off work and so on I would offer some of the money back.
If the seller told me he was keeping all the money I would consider that person to be a **** head

This is just odd.

Sure, I'd like the money back, but would I expect it? No.

Clown · 15 Aug 2011 at 00:02

http://www.howtocomplain.com/info/kyr/TSAdviceonBuyingGoodsScotland.shtml

This says you can probably keep it. But I don't like the word "probably".

dfarrall · 15 Aug 2011 at 00:03

Keep deposit
????
profit..

Seriously its a deposit, why are there so many of these damn threads.

You either care enough to give it back or you man up and keep it

byteagig · 15 Aug 2011 at 00:09

Robbo said:
This is just odd.

Sure, I'd like the money back, but would I expect it? No.

I meant to type 'hope' not expect, im tired

Rybo89 · 15 Aug 2011 at 00:11

Give it me if you are worried about keeping it

233 · 15 Aug 2011 at 00:12

dfarrall said:
Keep deposit
????
profit..

Seriously its a deposit, why are there so many of these damn threads.

because i'm not sure where i stand legally, plenty of people in here have bought and sold cars so might be able to give me some insight.

will fire him a text in the morning offering him £150 back and take it from there

4MIT · 15 Aug 2011 at 00:13

A deposit can be a refundable or non-refundable. If it is not advertised as either the decent and proper thing to do is treat it as a refundable deposit.

aproctor · 15 Aug 2011 at 00:14

Be polite but tell him to bugger off.

aproctor · 15 Aug 2011 at 00:16

4MIT said:
A deposit can be a refundable or non-refundable. If it is not advertised as either the decent and proper thing to do is treat it as a refundable deposit.

The only use of a refundable deposit is in shops where people secure a product from a shop on release date, which can be sold on easily if they change their mind.

In the real world, it would be assumed to be non refundable.

Scania · 15 Aug 2011 at 00:17

You place a deposit to prevent whatever it is being sold.

Your deposit is then effectively compensation for the seller if you then pull out,whilst the seller could have sold the item to somebody else.

Therefore, its yours, tell him to - politely - get an education & then bog off!

aproctor · 15 Aug 2011 at 00:20

Foxtrot26 said:
because i'm not sure where i stand legally, plenty of people in here have bought and sold cars so might be able to give me some insight.

will fire him a text in the morning offering him £150 back and take it from there

Legally, you are fine.

If you wrote a receipt, you would stipulate where he stands.

He has no proof you have even met, let alone exchanged money.

If you offer some back he is more likely to push for more.

Wy did you take a deposit if you were not going to keep it?

teaboy5 · 15 Aug 2011 at 00:23

Jeebus just give the lad his money back. Would the car have sold in the time you took it and the time he called you to say he couldn't take it.

Just give him the money back and save yourself some hassle.

aproctor · 15 Aug 2011 at 00:27

CAB - http://www.adviceguide.org.uk/index...#you_bought_the_vehicle_from_a_private_seller

Deposits are covered towards the bottom.

teaboy5 · 15 Aug 2011 at 00:31

It's not about what the LAW is, its about not being a ****.

If him messing you around had meant that you had to send someone away who was going to buy it there and then, then fair enough but if not just give him the money back and be done with it.

Robbo · 15 Aug 2011 at 00:35

teaboy5 said:
It's not about what the LAW is, its about not being a ****.

What, you mean like leaving a deposit, deciding not to buy the car and then demanding it back?

jellybeard999 · 15 Aug 2011 at 00:37

I'd not EXPECT it back in his position, though it'd be worth a try

He should have checked insurance beforehand tbh. The only time I'd expect it back is if you (as the seller) had misrepresented the car or similar.

teaboy5 · 15 Aug 2011 at 00:39

Robbo said:
What, you mean like leaving a deposit, deciding not to buy the car and then demanding it back?

Not at all.

If it happened me and i asked for it back and was told no (due to losing a sale) then fair enough. But if I was on the other end as the seller and if no one else had made me an offer, I would just give the lad back his money.

If I had left one with a main dealer and it was stated it was not returnable then of course I wouldn't even waste my time asking.

Mr_White · 15 Aug 2011 at 00:42

He's going to brick your windows and set fire to your car.