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A buyer agreed to buy a used car I'm trying to sell pending an inspection and gave me a $200 deposit on the car so that I would hold it for him. 3 days later he said he can't buy the car because his wife won't let him. Do I have to refund his deposit?

2007-04-24 15:15:38 · 7 answers · asked by JerryJet7 2 in Cars & Transportation Buying & Selling

7 answers

It would be better and you will sleep bett if you do, if the car your selling is good someone will but it, You don't need the heartache be one step above the rest and refund its the best thing to do. GOD Bless

2007-04-24 15:19:36 · answer #1 · answered by Anonymous · 1 0

NO, you're below no criminal accountability. it incredibly is properly time-commemorated that deepest occasion automobile sales are continually "as is". So what if that is been in a harm? All of my autos have been in touch in minor injuries, too. None of them have been our fault. $3700 is pocket exchange while it comprises vehicle physique and paint rates. the shopper would have pulled a Carfax document formerly they bought it. they are able to threaten to sue you, they are able to even document a observe of declare in courtroom, in spite of the undeniable fact that it would not propose they'll win.

2016-11-27 02:38:05 · answer #2 · answered by Erika 4 · 0 0

I think this is really a morals question. Just give him his money back and put the car for sale again...of course, he did give you the deposit to hold the car for him so...?

2007-04-24 15:24:25 · answer #3 · answered by Ridiculous 3 · 1 1

You don't have to give him the deposit back..

Whether or not you should is a seperate issue. If he seemed like a good guy, then go ahead and give it back. It's not that big of a deal.

2007-04-24 15:17:46 · answer #4 · answered by ........ 5 · 1 1

Well it all depends if you gave him a receipt. If you didn't then he can't prove that he gave you a dime. So it depends on what you want to do, unless you gave him a receipt then you have to give the money back.

2007-04-24 15:30:25 · answer #5 · answered by z 2 · 0 0

leagly you dont as you pulled it off the market and could have sold it
you may want to split it with him so you both loose but it will make you feel better

2007-04-24 15:44:02 · answer #6 · answered by mobile auto repair (mr fix it) 7 · 0 0

You have to give it back. The potential buyer would have gotten nothing for his money and that is illegal. Don't make him sue you for it.

2007-04-24 15:24:11 · answer #7 · answered by Aldo the Apache 6 · 0 2

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