I have someone stopping by tonight to look at my car -they said they'd bring a deposit. How much should I ask?
2007-03-06 10:46:08 · 12 answers · asked by JMY1998 1 in Cars & Transportation ➔ Buying & Selling
deposit holds the price, not the car, non refundable
2007-03-06 10:50:18 · answer #1 · answered by bayareart1 6 · 2⤊ 0⤋
Deposit as in they will give you X amount and drive away with the car-then bring the rest back later? I dont play that game.
Or do you mean deposit in getting you to hold the car for them?
I would tell them to come back when they have the full amount and they can have the car. If you let them drive off with your car with only paying you a certain amount, you wont see the rest without a fight.
2007-03-06 10:50:48 · answer #2 · answered by Anonymous · 2⤊ 0⤋
A deposit is a show of commitment, that means you keep possession of the car for the period of time agreed upon until it is paid for in full, so $50 or $100 should be plenty. under no circumstances sign over or let the car out of your possession until you have been financially satisfied! Another really good philosophy when selling is "money talks BS walks" don't be a nice guy look out for your interests
2007-03-08 03:46:27 · answer #3 · answered by al b 5 · 0⤊ 0⤋
Been there done that and got stuck with the car for awhile, instead of taking a deposit tell them that if they like the car and want it you will hold it tell 11:00am for them to get the money and if not than you can have other people see it after.
2007-03-06 11:40:59 · answer #4 · answered by special 5 · 0⤊ 0⤋
$2,750 if they want to buy it. Surely you would hold the car for them? Suppose someone comes up right after they leave with cash in hand, and you turn them away, and then the first people come back after a week and tell you they changed their mind and want their money back?
2007-03-06 10:50:36 · answer #5 · answered by oklatom 7 · 1⤊ 0⤋
I would say 300 dollars or so. If they have to get a loan on it they probably don't have much cash, so that should be enough for you to know they are serious. Just make sure that they understand it is a NON refundable deposit.
2007-03-06 10:53:08 · answer #6 · answered by starwings20 5 · 0⤊ 0⤋
2750. no deposit. are you a bank? will you repo the car if they don't pay? send them to the bank, and have them return with a cashier's check. no other option. otherwise, not only will you get screwed, they will expect you to fix the car for them if anything goes wrong, or at the very least expect you to wait patiently for your money if they have to fix something. make them pay in full, up front, and be done with it
2007-03-06 13:37:14 · answer #7 · answered by michael_oxgood 4 · 0⤊ 0⤋
in case you adult males agreed that right this moment is the cut-off date, then i imagine you're entitled to save that $one hundred. If she would not call you again right this moment i could only promote the vehicle to somebody else and save the deposit. it truly is what they could have accomplished at a dealership!
2016-12-05 08:28:20 · answer #8 · answered by Anonymous · 0⤊ 0⤋
$500
2007-03-06 10:49:21 · answer #9 · answered by Anonymous · 0⤊ 1⤋
$ 275 10%
2007-03-06 10:48:59 · answer #10 · answered by srena 5 · 0⤊ 0⤋