VTLS1
Member
- Joined
- Feb 20, 2010
- Messages
- 378
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- Location
- IPSWICH
- Members Ride
- VT S2 LS1 -VX S2 SS LS1
A fool and his money etc.....
A deposit is exactly that, its not a gift.....
If anyone asked me to put a non refundable deposit on a car, i'd just walk away (thats a clear indication there IS something wrong with the purchase, and they just want your money)
I couldn't find the relevent info from my state, but theres 2 different types of deposits. Holding deposit and purchase deposit. Holding deposit is refundable! Purchase deposit isn't.
thing is though,if your going to buy a car you should have the money to buy the car. theres no point going to buy a car,be unsure if you want it or can afford it & ask the bloke to hold it for you. if i was asked to hold a car for someone i would be telling them to go get buggered politely. i have held cars for people before & 9 times out of 10 its turned to a pile of poo,so i dont anymore. if they wanta think about it whatever,fine but i dont want your money & the cars still for sale. if you miss out,tough bickies for you. if i was given say 100 bucks for a deposit to purchase the car & they changed their mind for whatever reason,fair enough you can have 50-70 bucks back depending on advertising costs. i even tell the buyer beforehand as well as write it in the receipt. i have never had a complaint yet & only 1 car i had didnt sell(his mommy wouldnt let him buy it,lol). i gave him all his deposit back because he was a young bloke in need of a first car so i knew where he was coming from. 2 weeks later he knocks on my door,gives me a box of beer & thanks me. i have even been nice enough in the past to let people pay off the car but never again as the last few times i have had to go repo the car & thats not nice,i wouldnt want to have a car repo'd from me & i dont like doing it to other people.
it comes down to a simple case of do your homework,have the bucks,get receipts & a bit of gut instinct about who your buyng a car off