sale fell through on the LCR- would you give the deposit back?
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As a dealer, we ask for refundable deposits when a customer is travelling to view a car.
So say for example, customers ring up on a Monday for a car but can't make it till Saturday, I'd take a refundable deposit to hold it till Saturday and if the car isn't what they expected from looking at the adverts then they get the money back.
If a local customer leaves a deposit after viewing the car and then changes their mind, I would refund the deposit minus any actual cost incurred ie: Advertising, any specific preparation done for them.
But I always tell them that if they bought a different car from us then that deposit will come off the balance.
It's all about being fair I suppose, even if the customer did find a better or cheaper car I don't want to be an ass and force them into buying a car that they don't want.
So say for example, customers ring up on a Monday for a car but can't make it till Saturday, I'd take a refundable deposit to hold it till Saturday and if the car isn't what they expected from looking at the adverts then they get the money back.
If a local customer leaves a deposit after viewing the car and then changes their mind, I would refund the deposit minus any actual cost incurred ie: Advertising, any specific preparation done for them.
But I always tell them that if they bought a different car from us then that deposit will come off the balance.
It's all about being fair I suppose, even if the customer did find a better or cheaper car I don't want to be an ass and force them into buying a car that they don't want.
[TW]Fox;19840424 said:
No, I didn't split up my post as you have quoted it. That was all one paragraph, which I had designed to stay together.
The peace of mind relates to the fact he could have kept it. It was his prerogative to nullify it because of the relationship with the other party.
As per usual definition the deposit is to secure the car from other buyers and isnt refundable.
I've never left a deposit for a car with any inclination that it would be returned if I changed my mind.
I'd tell him to jog on, but in these times of economic hardship i'd consider returning it minus 100gbp which would cover costs of his epic dreaming.
If you return all of it, you make a mockery of selling a car.
I've never left a deposit for a car with any inclination that it would be returned if I changed my mind.
I'd tell him to jog on, but in these times of economic hardship i'd consider returning it minus 100gbp which would cover costs of his epic dreaming.
If you return all of it, you make a mockery of selling a car.
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I think its important that you do explain that a deposit is non refundable. But in this case i would be very annoyed that he hadnt checked things out properly. An afternoon of my time showing a car to a buyer could easily be worth £250, my text would be as follows
"Im afraid due to the inconvenience, loss of earnings and potential loss of sales caused by your incompetent preparation for a pre planned car purchase, i cannot refund your deposit, now would you kindly take your crap and stop trying to shove it up my backside!"
"Im afraid due to the inconvenience, loss of earnings and potential loss of sales caused by your incompetent preparation for a pre planned car purchase, i cannot refund your deposit, now would you kindly take your crap and stop trying to shove it up my backside!"
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I think you should refund his deposit, all of the work you've done would have had to be done before you sold the car anyway. As far as I can tell there's nothing in the definition of the word "deposit" which implies non-refundable, which is why non-refundable deposits are usually marked as such.
Don't be a ****, give the man his money back with a smile.
PS. It would be reasonable to deduct any advertising fees from the deposit
Don't be a ****, give the man his money back with a smile.
PS. It would be reasonable to deduct any advertising fees from the deposit
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
Not really, by the time he comes to get another viewing it'll by time to wash it out and hoover it all over again.
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When you go looking at a car, you know if you pay a deposit, you lose it if you dont want the car regardless of circumstance.
Thats why i offer half the deposit an then have a think, then if i didnt want the car id not lose out too much. Irrespective of whether its because he couldnt get insured (he can he just doesnt want to pay up), because he found another car or just changed his mind i wouldnt expect to pay him the deposit back.
Thats why i offer half the deposit an then have a think, then if i didnt want the car id not lose out too much. Irrespective of whether its because he couldnt get insured (he can he just doesnt want to pay up), because he found another car or just changed his mind i wouldnt expect to pay him the deposit back.
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How is this thread still going!? The entire point of a deposit on something like this is that it is non-refundable!
I still don't see what harm it would do to explain the deposit is non-refundable.
And I'm not suggesting the deposit should be refundable I'm saying both parties need to make sure they both understand what the deposit represents.
Police involved? Seriously? You honestly think they really want to get involved in a domestic over £250? They'd probably tell you to just hand it over and move on and stop wasting everybodies time.
If any damage occurs you think the police will help? From experience they do sweet FA.
As for how far to you expect it to go over £250? It's a fair gamble as to what sort of person you're dealing with. £250 to me wouldn't be worth the risk.
And I'm not suggesting the deposit should be refundable I'm saying both parties need to make sure they both understand what the deposit represents.
Police involved? Seriously? You honestly think they really want to get involved in a domestic over £250? They'd probably tell you to just hand it over and move on and stop wasting everybodies time.
If any damage occurs you think the police will help? From experience they do sweet FA.
As for how far to you expect it to go over £250? It's a fair gamble as to what sort of person you're dealing with. £250 to me wouldn't be worth the risk.
What else could it represent if the person could have it back at any time for no reason?
So you're one of these "don't upset anyone and don't trust the police" characters are you? Lovely.
He already gave it back.
You must be a criminals dream.
/facepalm.
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To be honest the only time I would expect to have a deposit refunded to me is if the seller had the car stolen or damaged or decided they didn't want to sell the car any more, car finance is another example if you put down a £500 deposit and then get turned down for credit then obviously you would expect at least some if not all of the deposit back.
If I had put a deposit on a car then changed my mind or couldn't get insured I wouldn't expect my deposit back because then I've wasted the sellers time. Asking for it back is just cheeky.
If I had put a deposit on a car then changed my mind or couldn't get insured I wouldn't expect my deposit back because then I've wasted the sellers time. Asking for it back is just cheeky.
What else could it represent if the person could have it back at any time for no reason?
The buyer asked for it back? Why is that so hard to comprehend? Foxtrot26 felt the need to ask on here whether he should give it back. Foxtrot26 wasn't sure, the buyer asked for the deposit back. Neither of them knew exactly where they stood.
Had it been made clear from the start, none of this would have happened.
Even if it got as far as court, the courts would have to decide is keeping the £250 was reasonable. Courts decide what is reasonable and fair in these situations. The court wouldn't just throw it out whilst throwing both parties a dictionary.
Make as many assumptions as you want. Had the police involved for criminal damage to a vehicle and it was a complete waste of time as they couldn't do anything as there was no proof who did it - although we knew. I trust the police but in these situations there isn't a lot they can do. I also wonder if the police would be really enthusiastic over two lads bitching over £250.
Really? How do you work that one out?
It's funny how theres so many on here that wouldn't hand the money back. At least I've been honest by saying I'd give it back and wouldn't want any potential grief rather than being all tough behind a keyboard. I also just think that keeping it and telling the lad to do one is just being a female lady part. Big deal, move on.
I'm still not sure why the meaning of a deposit needed to be made clear. I'd actually be annoyed if the guy asked me for it back, how stupid must he be?
Because you seem scared to stick up for what is yours.
Also, a female lady part for understanding what a deposit is and sticking by what is rightfully yours
Riiiiight.Because he asked for it back he obviously didn't understand - and wasn't made aware - the deposit wasn't to be refunded. It's clear that it should have been mentioned - or that the buyer understood the deposit wouldn't be given back if the deal fell through and it was not of the sellers doing.
One simple sentence would have solved all this.
Why leave a deposit if it was refundable - dunno, I wouldn't bother in the first place.
Because you seem scared to stick up for what is yours.
Also, a female lady part for understanding what a deposit is and sticking by what is rightfully yours
To me it's just being tight - you want to teach the lad a lesson? meh, big deal. You might find you're taught a lesson not be a clever sod if you end up biting off more than you can chew.
Perfectly happy to defend what is mine. Do I think it reasonable to keep the £250? Not really. Why bother with the deposit? See above, I wouldn't. Do I think it's worth the £250 to be liable for a bunch of grief? No.
If £250 is worth the potential of a lot of unwanted grief to you then you need it more than I
