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Smart Shopper Questions About Private Sale Transactions
236 messages, Last post on Nov 20, 2009 at 5:18 PM
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Replying to: oldfarmer50 (Jan 13, 2009 3:15 pm) If the car is not worth too much, it's really best to throw the old title away if it's messed up or crossed out or some such, and just get a valid Bill of Sale from the person you bought it from. But if the car has real value, DMV might ask you to post bond, which is a pain. |
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Replying to: oldfarmer50 (Jan 13, 2009 3:15 pm) The important thing is that the seller is conveying that such a vehicle is only suitable for parting out.
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Replying to: cccompson (Jan 13, 2009 5:35 pm)
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Replying to: Mr_Shiftright (Jan 13, 2009 5:46 pm)
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Replying to: cccompson (Jan 14, 2009 6:28 pm) When I see someone stating "clean title" or "clean carfax," it makes me think they are hiding something. If it has had no accidents, I'd say "no accidents." If it has had an accident that doesn't show up on carfax, that's when I'd say (if I were dishonest) "clean carfax." I'm not disclosing the accident, but I'm not telling a lie, either. |
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Replying to: qbrozen (Jan 14, 2009 7:42 pm)
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Replying to: Mr_Shiftright (Jan 14, 2009 11:04 pm)
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Replying to: isellhondas (Jan 15, 2009 11:21 am) |
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If a potential buyer gives you a deposit to hold a car until Wednesday and as of Saturday has not shown up is it fair to sell the car to someone else? If the understanding was that the deposit was non-refundable, what would you do if the first buyer showed up later looking for the car?
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Replying to: oldfarmer50 (Jan 23, 2009 3:57 pm) Yes. It'd be nice on your part to call or email and offer one last chance, but there's a reason it's called a "deadline." "If the understanding was that the deposit was non-refundable, what would you do if the first buyer showed up later looking for the car?" Depends. If I got the same price from the next buyer, I'd refund the money; if I got $200 less, I'd refund the deposit - $200. You provided a service: You kept the car of the market until at least Wednesday, and you have now way of knowing what that action cost you. -Mathias |
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