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    #16
    I'd say for someone willing to put down that large of a deposit then all kinds of good intent were there. This is where the whole sense of community comes into play. If this was just some random
    Craigslist sale I can see you getting screwed royally...but r3v? Come on we're all here for the same reason and I couldn't be happier with all the interactions with everyone I've bought from in the short time I've been a member.


    And honestly since that kid was such a fuck I'm sure he'd still sell the car out from under him if he ACTUALLY had any other interest from others.
    Swanny!
    SUCKERS.

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      #17
      A deposit is for the purpose of showing that the buyer is serious. If the buyer doesn't buy the car then he is supposed to get the money back. He should obviously get it back, what if the seller was not truthful about the condition of the car in the ad or discussing it and the car is not as described when the buyer sees it in person?

      Same thing with buying a house (i just did). When you make an offer on a house, you are required to put down an earnest money deposit. If for example, after you get a home inspection, problems are discovered that the seller did not disclose before, then you have the right to back out of the agreement.
      This happened with the first house I made an offer on, and after many problems were discovered that the seller did not reveal before the offer was made, and they refused to make the repairs, I back out of the agreement and got my deposit back.
      IMO, even though it is not in written law like an earnest money deposit, putting a deposit down on a car should be treated the same way.
      Zinno '89 <24v swap in progress>

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        #18
        I was selling an E30 a few months ago. Someone from craiglist came by to look at it. Gave me $500 deposit to hold it for 2 weeks. Then called me 2 weeks later and asked for half of it back because he wanted to back out. I said sure and refunded him $250. Everyone was happy in the end... no reason to be a dick
        My Seller/Buyer Feedback

        Performance Aftermarket Parts & Accessories

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          #19
          Originally posted by Farbin Kaiber View Post
          I look at a deposit as placing a hold on something, what if the buyer went to look at the car and decided it was not for him and was not going to buy it, does that mean the seller keeps the deposit?
          YES. Once you put a deposit down, that is the equivalent of saying "hey, I'm buying the car." It takes the car off the market and can cost the seller a sale. The only time you get your deposit back is if you look at the car and it is not as described - then you should get it back. Perhaps the most important thing here is to make a contract and define what is expected of both the buyer and seller.
          1997 540i/6 - stock
          1985 325 - M50NV - Getrag 250 - 2.79 LSD - MS2/e -LC-1 - 750cc injectors - Blunttech Manifold - HX35 - AEM UEGO
          1991 318i - M50NV - Getrag 240 - 4.10 open - e36 rack - Smileys - 55w 5000k HIDs

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            #20
            Cyrix2k, what you're saying is 100% true but this is a guy being a total dickhead and unreasonable. The buyer offered to give him $200 for his troubles and rather than the seller saying "I need $300 or $500" he just said "don't worry about it" and kept the full $1000.

            It's like when the NRA rallys somewhere where there was a shooting and people died b/c they CAN. Sure they can legally go there, but that doesn't mean they're not being assholes.

            Same thing with a deposit, especially in this scenario. A deposit was in the intentions of buying the car but the buyer couldn't make it out there. No need to be a complete dickhead about it especially with the $200 offer. That type of person (who doesn't even attempt to work with people) doesn't belong on r3v selling things IMO.

            instagram: @tonerrrr
            High resolution E30 Fuse Box 300dpi PNG

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              #21
              there was this s52 for sale for 2k. i gave him a deposit of $500. then, not two hours later called him up and wanted to back out because he gave no insurance if the engine ran. so basically he could have sold me a non runner and i would have been fucked. he wont refund me because he said I ruined his business with other potential buyers. he then told me he would refund me. then again he told me he would refund me when he sold the motor. its been about a year now and i didnt want to get legal on his ass, but its about damn time. moral of the story, stay away from Goldfinger automotive. yeah, ppl are dicks

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                #22
                Originally posted by tonerrrr View Post
                Cyrix2k, what you're saying is 100% true but this is a guy being a total dickhead and unreasonable. The buyer offered to give him $200 for his troubles and rather than the seller saying "I need $300 or $500" he just said "don't worry about it" and kept the full $1000.

                It's like when the NRA rallys somewhere where there was a shooting and people died b/c they CAN. Sure they can legally go there, but that doesn't mean they're not being assholes.

                Same thing with a deposit, especially in this scenario. A deposit was in the intentions of buying the car but the buyer couldn't make it out there. No need to be a complete dickhead about it especially with the $200 offer. That type of person (who doesn't even attempt to work with people) doesn't belong on r3v selling things IMO.
                I agree the seller was/is a dick. That's also a rather large deposit for the car being offered.
                Originally posted by Pl3wA View Post
                there was this s52 for sale for 2k. i gave him a deposit of $500. then, not two hours later called him up and wanted to back out because he gave no insurance if the engine ran. so basically he could have sold me a non runner and i would have been fucked. he wont refund me because he said I ruined his business with other potential buyers. he then told me he would refund me. then again he told me he would refund me when he sold the motor. its been about a year now and i didnt want to get legal on his ass, but its about damn time. moral of the story, stay away from Goldfinger automotive. yeah, ppl are dicks
                once again, the seller is technically correct here. The time to argue is before you put a deposit down, not after. That whole deal sounds pretty shady and I would have advised you to stay clear, period. Always buy an engine with some sort of guarantee & compression numbers.
                1997 540i/6 - stock
                1985 325 - M50NV - Getrag 250 - 2.79 LSD - MS2/e -LC-1 - 750cc injectors - Blunttech Manifold - HX35 - AEM UEGO
                1991 318i - M50NV - Getrag 240 - 4.10 open - e36 rack - Smileys - 55w 5000k HIDs

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                  #23
                  i fucked up

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                    #24
                    Remind me not to buy anything from Cyrix2k. At least not without a written contract. :roll:
                    Originally posted by kronus
                    would be in depending on tip slant and tube size

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                      #25
                      I admit that sometimes Ill show a little too much enthusiasm when im hot on the trail for a part, and then forget for whatever reason.. WHich is why im sympathetic to that stuff- Ive recently given someone theyre deposit back in a similar situation.

                      But I understand Levent's side of it also, if I did this for a living it'd be a little different..
                      -Jay

                      2014 NASA FL se30 champ #81
                      2001 se46 3 year plan in progress


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                        #26
                        Originally posted by agent View Post
                        Remind me not to buy anything from Cyrix2k. At least not without a written contract. :roll:
                        :rofl

                        Fine by me. Rules exist for a reason, if you can't deal with them, that's your problem. My feedback speaks for itself. Eventually you'll learn the rules of business or be burnt by crappy buyers. It's unfortunate, but a lot of people will take advantage of nice sellers.
                        1997 540i/6 - stock
                        1985 325 - M50NV - Getrag 250 - 2.79 LSD - MS2/e -LC-1 - 750cc injectors - Blunttech Manifold - HX35 - AEM UEGO
                        1991 318i - M50NV - Getrag 240 - 4.10 open - e36 rack - Smileys - 55w 5000k HIDs

                        Comment


                          #27
                          Originally posted by Cyrix2k View Post
                          :rofl

                          Fine by me. Rules exist for a reason, if you can't deal with them, that's your problem. My feedback speaks for itself. Eventually you'll learn the rules of business or be burnt by crappy buyers. It's unfortunate, but a lot of people will take advantage of nice sellers.
                          You don't think the seller mislead the buyer about the distance or you don't think it matters? Was that in the text or other communication?

                          You think keeping the full deposit is more fair than keeping just 200?
                          sigpic
                          Originally posted by JinormusJ
                          Don't buy an e30

                          They're stupid
                          1989 325is Raged on then sold.
                          1988 325 SETA 2DR Beaten to death, then parted.
                          1988 325 SETA 4DR Parted.
                          1990 325i Cabrio Daily'd, then stored 2 yrs ago.

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                            #28
                            There wasn't anything misleading there. The buyer was dumb. It's the buyer's responsibility to look up distances, the seller gave an estimate. I'm not from CA so I don't know how big of an area hollywood is, but even the buyer keeps throwing out different numbers. And yes, the seller is entitled to the whole deposit. That's how deposits work.

                            I don't know about all of you, but I find out as much information about a car as I can before even LOOKING at it. That includes as much information on the condition and LOCATION as possible. Agreeing to look at a car isn't binding, but it would be a dick move to say you're coming to look at a car or part and never show up (happens on craigslist all the time). Putting down a deposit goes well beyond merely looking at a car and the buyer should is agreeing to the terms of the sale. That means they should know the location of the car/how they're going to get the car. This really isn't hard to understand. It's stupid to put down a deposit on a car you're considering because if it's as advertised, you agreed to buy it. The only time you get a deposit back is when the car isn't as advertised (think vlad special, and even then he's actually delivery a product so it's legally difficult to recoupe funds).

                            Another parallel to this is with airline tickets. Most are non-refundable. When you buy the ticket, you're agreeing to fly in/out on the date and time specified. If you don't show - for whatever reason - you lose your money. Period. No ifs ands or buts.
                            1997 540i/6 - stock
                            1985 325 - M50NV - Getrag 250 - 2.79 LSD - MS2/e -LC-1 - 750cc injectors - Blunttech Manifold - HX35 - AEM UEGO
                            1991 318i - M50NV - Getrag 240 - 4.10 open - e36 rack - Smileys - 55w 5000k HIDs

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                              #29
                              There is no such thing as a nonrefundable deposit. Go to court and try to make that stick. lol We don't take them at work because its illegal to keep them and there is nothing you can do about it as a business.

                              Originally posted by Roysneon
                              $5 shipped?
                              Originally posted by MarkD
                              You are a strange dude, I'n not answering any more posts from you.

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                                #30
                                Originally posted by samiam3356 View Post
                                There is no such thing as a nonrefundable deposit. Go to court and try to make that stick. lol We don't take them at work because its illegal to keep them and there is nothing you can do about it as a business.
                                I'd imagine this changes depending on where you are located. Non-refundable deposits are most certainly legal in CA. Considering the small amount of money here, the buyer might actually win legal action due to the terms not being well spelled out and small claims usually sides in favor of the buyer, but with an actual contract the seller would be well in the clear. For the small amount of money involved, it's probably not worth taking legal action.
                                1997 540i/6 - stock
                                1985 325 - M50NV - Getrag 250 - 2.79 LSD - MS2/e -LC-1 - 750cc injectors - Blunttech Manifold - HX35 - AEM UEGO
                                1991 318i - M50NV - Getrag 240 - 4.10 open - e36 rack - Smileys - 55w 5000k HIDs

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