4:22 pm
Pretend you're looking to buy a vehicle. You make a deal through email but can’t find a time to meet with the seller until a few days later. By deal I mean you’ve negotiated a price and if the truck is as advertised, it’s sold. However, no deposit has changed hands. In the meantime a different potential buyer shows up that can get there sooner. As a seller how would you handle the situation?
I’ll withhold my opinion since it’s not so hypothetical for me and I’m a bit pissy about the whole thing right now. 😕
4:52 pm
January 12, 2007
Offline I have been burned too many times waiting for the guy who can't meet me for a couple days. So many flakes! If I want to sell something, It goes to whoever gives me the money. (Unless it's a friend or the like).
A deposit changes everything though. 
6:12 pm
January 27, 2011
Offline "Justin" wrote: I have been burned too many times waiting for the guy who can't meet me for a couple days. So many flakes! If I want to sell something, It goes to whoever gives me the money. (Unless it's a friend or the like).
A deposit changes everything though.
x2
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If you do not change direction, you may end up where you are heading -- Lao Tzu
6:19 pm
I guess you're right that's how I deal with it too, but I'd at least make it clear to a potential buyer. I was under the impression that we had a deal and he was fine with waiting until I could get there. I guess if it's meant to be it'll work out. Still miffed by it. I could have skipped the meeting last night and put a deposit on the truck if he would have been a bit more up front about his willingness to wait.
7:13 pm
I agree with Greg and indeed the Buyer should have been more prepared on how to handle multiple parties. Some sellers do not, by etiquette, go in order of negotiations. Deposits help ground the commitment in some ways.
Good luck Bender!
8:52 pm
"Wh1t3Nukle" wrote: I agree with Greg and indeed the Buyer should have been more prepared on how to handle multiple parties. Some sellers do not, by etiquette, go in order of negotiations. Deposits help ground the commitment in some ways.
Remind me of that if you're ever selling me something. Where I'm from a deal is a deal.
10:16 pm
Club President
April 2, 2003
Offline Contract law states you must exchange consideration during an agreement for a contract to be enforcable (among other things).
What you had was a "gentleman's agreement". This carries no binding requirements.
If you want something bad enough you'd just have to sacrafice and make time to get to it. I know this sounds harsh (especially with how far you'd probably have to go to meet someone), but in many cases it's a seller's market.
I had to give up my Friday night to test out my Tundra. My only other options were to have one shipped from Florida, or sit and wait for one I was specifically looking for to become available (and not have my Tacoma to drive around in the mean time.
Getting a real bargin on a Tacoma or Frontier will be hard because many other people are looking for them. The used car market is pretty hot right now because of the economy.
How about posting some specs of what you're looking for and I'll see if I can dig something up for you to check out?
10:25 pm
"BKGM Jeepers" wrote:
What you had was a "gentleman's agreement". This carries no binding requirements.
Obviously. I guess a "gentleman's agreement" means more to some than others. :dunno:
10:32 pm
Also looks like the good news is that the guy that was supposed to come tonight is one of those flakes you guys are talking about. I may still have a shot.
10:39 pm
Club President
April 2, 2003
Offline "Bender" wrote: Also looks like the good news is that the guy that was supposed to come tonight is one of those flakes you guys are talking about. I may still have a shot.
Yeah but do you have any respect for the seller now?
You are correct that the term "gentlemans agreement" may be passe' in today's world... 😥
11:10 pm
"BKGM Jeepers" wrote: Yeah but do you have any respect for the seller now?
I have enough respect for him to buy a truck from him at the right price. 
11:47 pm
Club Member
July 10, 2003
Offline I've had it happen when I was selling some tires. I held strong and waited for the guy with the original agreement to come through with the money even though I had cash waved in my face. If the guy sold the truck from underneath you, he's an @$$ 
I used to wheel a lot. . .
11:49 pm
Club Member
September 3, 2008
Offline Let me know if Jeff and I need to come so we can make him into a gentlemen... 
Um...what?
12:58 am
August 28, 2011
Offline i used to build cars in canada
if you contacted me by fone the car is yours til you dont show up on agreed time
i had one kid buy a car off me from vancouver island
wanted to do it on payments
he wired me every payment and i even waited 2 weeks for him to start
car stayed in my yard til it was paid for though
pushin 420 horses from the rearend on a dino didnt want it wrecked lol
to show good faith i even took the day off with the wife and delivered it and spent day on the island
wen i took business law a verbal agreement is a binding contract (verbal hard to prove though)
where as written to hold for you then sold away from you
he would have to replace at watever cost to him for the agreed amount
just sayin
1:37 am
"finder_87" wrote: Let me know if Jeff and I need to come so we can make him into a gentlemen...
I thought about asking for a ride along from some big dudes. He wants cash. Fortunately I have a contact in the local sheriff's dept that's going to assist in the sale and my brother is going along if it works out.
"Rayzor" wrote:
if you contacted me by fone the car is yours til you dont show up on agreed time
The email thing is weird in my mind. I asked him several times for a phone number but he just kept answering my email questions without giving me a number.
Either way...I'm back on for Sunday!
3:44 am
"finder_87" wrote: Let me know if Jeff and I need to come so we can make him into a gentlemen...
I move to have a new officer position: Seargent at Arms
6:19 am
January 27, 2011
Offline "lj4x4" wrote: [quote="finder_87"]Let me know if Jeff and I need to come so we can make him into a gentlemen...
I move to have a new officer position: Seargent at Arms
Our meetings don't get that rowdy ... yet. No telling with the new administration, though.
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If you do not change direction, you may end up where you are heading -- Lao Tzu
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