Last post on Jan 16, 2009 at 3:09 PM
You are in the Classic Cars
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Coupe, Convertible, Truck, Sedan, Wagon
#21 of 40 Re: It only hurts when I laugh [parm]
Jan 13, 2009 (6:14 pm)
That's too bad. The seller is certainly a jerk for not letting you know about the new bid.
If you want one of those, I am sure some of us who post here can keep an eye out.
#22 of 40 Re: It only hurts when I laugh [fintail]
by MrShift@Edmunds HOST
Jan 13, 2009 (6:44 pm)
Well without a deposit all bets are off. I won't hold a car without a deposit.
#23 of 40 Re: It only hurts when I laugh [Mr_Shiftright]
Jan 13, 2009 (8:40 pm)
And you shouldn't...but the guy could have at least given him a chance to match the offer, as they had been communicating for some time.
#24 of 40 Re: It only hurts when I laugh [fintail]
Jan 13, 2009 (9:47 pm)
Actually guys, I did offer the seller an earnest deposit to hold the car for me at $9K. But, he declined. Even though he agreed to sell me the car for $9K, he was holding out for $10K. Keep in mind, this was right before Christmas and I felt pretty safe nobody was going to swoop in - and nobody did at that time. Again, I had no problem with him holding out for $10K between when we agreed on $9K and when I could get out there. I just wanted the opportunity to make a counter.
The car was first advertised in November. So, considering other cars I've seen which has sat for months (if not years), this car didn't sit on the market all that long because it was priced right. Having said that, these things are typically easier to buy than they are to sell. Turns out the seller was very fortunate - as in, he should buy a lottery ticket lucky. Because he not only found one needle (me) in the haystack in a relatively brief period of time, he found two.
#25 of 40 Re: It only hurts when I laugh [parm]
by MrShift@Edmunds HOST
Jan 14, 2009 (8:03 am)
Well look, his personal ethics aside...if you don't have a deposit on the car, you don't have a contract. Verbal agreements in the year 2009 are as suicidal as verbal agreements from a car dealership that "don't worry, just buy the car now, and next time you come in we'll take care of that howling noise in the differential".
I've learned all this the hard way and now I take nothing for granted in a car deal....NOTH-ING. If I want the car, I nail it firmly to the deck as soon as possible, and I actually presume the deal is going to unravel unless I do that.
The seller was under no legal obligation to you, and so he took a flyer---as is human nature to work in one's self-interest sometimes.
When a deal drags on, the odds of it going sour begin to soar with each passing day.
#26 of 40 Re: It only hurts when I laugh [Mr_Shiftright]
Jan 14, 2009 (9:17 am)
I don't disagree with what you're saying. But, I wasn't really dragging things out. Had the car been within a more easy reach or if it wasn't the holiday season, trust me, I would've gotten out there very quickly. I had a professional inspector all lined up to meet at the car in less than two weeks. So, the seller knew I was serious and that I'd buy the car assuming the car didn't have a cracked frame or something unusal like that.
I know all about "first come, first serve" and "strike when the iron is hot", etc. and I fully understand the seller was under no legal obligation to call to allow me to counter. But, it would've been nice. I would've gotten the car I wanted and the seller would have additional money in his pocket right now.
#27 of 40 Re: It only hurts when I laugh [parm]
by MrShift@Edmunds HOST
Jan 14, 2009 (9:22 am)
I can't even deal with a car that's 2 hours away, much less 12.
Well you didn't even see the car so maybe no regrets are necessary. You'd be amazed how radically different cars are in person from their ads or descriptions. Digital cameras are devilishly good at hiding things (intentionally or not).
As an appraiser, I'm disappointed in the "real life" car more often than not, despite glowing descriptions and beautiful photos.
#28 of 40 Re: It only hurts when I laugh [parm]
Jan 14, 2009 (1:41 pm)
If the seller had 'phoned to say, "Another guy with $10,000 is very interested." A lot of folk including you would think he's just trying to "UP" me.
#29 of 40 Re: It only hurts when I laugh [euphonium]
Jan 14, 2009 (2:45 pm)
Yeah, that is a good point. I wonder how the seller would be able to PROVE that he had a buyer at $10K?
Anyway Parm, sorry it didn't work out for you. It really was a nice car from what I could see in the pics. But, sometimes things turn out the way they do for a reason.
As Benny Hill once said, about women...they're just like buses. Miss one and another will come along!
#30 of 40 Re: It only hurts when I laugh [andre1969]
Jan 14, 2009 (5:21 pm)
Oh definitely. The "bus" analogy has always been my mantra. And, at this price, my head tells me the market is full of other cars that will tickle my fancy. I mean, it's not like this car was a 1 of 1 or anything like that. But, I've been watching early to mid-60's Cadillacs for an awfully long time (10+ years) and I've not seen many in such good original condition with such a long list of options AND at a reasonable price.
I know I'll eventually get something I'll love. But, I told my wife just this evening that until the day I die, I'll probably always think of that '63 Coupe Deville with remorse as the "one that got away".