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1970 T-Bar

  • Thread starter Thread starter Harley1@coiinc.com
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Harley1@coiinc.com

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Bone stock-num. matching-454-4 speed--low miles--White paint real nice/ black int. nice.--Drive it home at $14,000, Decent price for box stock Rat motor Vette.
 
BUYER BEWARE. I HAVE PICS TO EMAIL. YOU MAKE THE CALL.
 
sd pacecar said:
BUYER BEWARE. I HAVE PICS TO EMAIL. YOU MAKE THE CALL.
I stopped down and inspected door jam due to picture taken that misrepresented it's condition. What appears to be deteriorated metal is in fact white paint over rubber adheasive and then some of white paint flaking off leaving what appears to be a rust hole---It is not-it is just black molding adheasive showing through the chipped off white paint. This can and will be verified by any looker. The birdcage is not rotten. The frame shots show surface rust--not a big problem--frame is solid. Unfortunately SD Pacecar is now miffed for he placed down money on car and then backed out and owner will not return down money. The pictures that you had taken by your outside source did not tell the truth about this car. And I have no idea what your looker told you about car--but he told owner that he would be glad to buy car. So you made your decision to back out. So be it.
Picture taker praised car and owner is now contacting him to take him up on his offer to buy car so I think your looker is now going to get the car you were going to buy. He may get a very nice Vette and he knows it cause he looked at car.
Pacecar may defame me in the future--but bottom line is he missed out on nice car,for to many wrong reasons. What a fiasco.
 
I saw the pics myself and told Bob to pass on this car. Did you tell him that the original interior was bright blue and was dyed black? You can see the dye coming off in areas in the pics he sent me. I don't agree on the frame rust issue. Rust like that will only get worse over time unless someone's willing to pull the body off. There can be a lot of hidden rust holes that you don't know about.

I don't agree with the owner keeping Bob's deposit if the car wasn't respresented correctly. Your $14K car could turn into a major money pit.

That's my feelings on this issue and you can say whatever you want back to me.
 
Car was not misrepresented. Any actual personal inspection would convince buyer. Unfortunately the separation of miles allowed only snapshots and digital photos. The digital photos do not tell the true condition of this car. The "frame rust" is surface rust found on most autos in IL. Any 34 year old car from IL. not stored winters would have frame rusted in half by now. Car was advertised as interior redone in black, yes--it was blue and high traffic areas will need touch ups but it looks nice and exterior repainted in white, very glossy. Unfortunately now, prospective buyer decided this was car for him after a month of picture exchanges, e-mails-phone calls etc. and sent down payment to hold car for pick up at later date. So car was removed from market. At this point prospective buyer decided to have an independant take digitals of car and after viewing snaps decided he no longer wanted car. The digital snaps DO NOT tell the true excellent condition of this car and we can beat this one to death and at this point it ain't ever gonna change the outcome. The owner decided to keep the forfited down and hold money and pay agent his fee for doing the work bringing earnest money to buyer. If the prospective buyer could have just personally viewed car he could have made the correct decision that this is an excellent old Big Block 70 T-bar in fine shape at a decent price. Too bad now that this will not happen. Owner was so miffed he took car off market. After other prospective buyers looked at car and told him how nice it was it will probably go on market in the future for a much higher price.
 
I took a $2,000 down payment for another Vette sale on June 28th. Pick up date on car was yet to be determined in favor of buyer. Owner and agent agree'd to hold car indefinately, but not forever. Buyer finnally worked out pick up on 7-14 and I look forward to him getting his dream car. But if he backs out he will forfeit his down.
This is the business world
 
Harley1@coiinc.com said:
I took a $2,000 down payment for another Vette sale on June 28th. Pick up date on car was yet to be determined in favor of buyer. Owner and agent agree'd to hold car indefinately, but not forever. Buyer finnally worked out pick up on 7-14 and I look forward to him getting his dream car. But if he backs out he will forfeit his down.
This is the business world
Lousy deal!!!! But if buyer agrees, to these terms, then thats his/her problem.
 
brusso said:
Lousy deal!!!! But if buyer agrees, to these terms, then thats his/her problem.

actuallu, I have to repectively disagree.
If a buyer agrees to purchase a car (or anything else for that matter) he puts a deposit down to secure or hold that item so it won't get sold to anyone else. At that point the seller effectively removes the item from the market. if the buyer backs out of the deal, especially a number of weeks or months later it's only fair that the seller keep the down deposit (many times also referred to as "good-faith" money). This is exactly what the deposit is suppose to be for. If the buyer backed out of the deal it's the seller that suffers as he was the one that took the item off the market during that time period when he could have left it on the market instead and probably sold it.
This is the same as when buying or selling real estate. Both houses I purchased I put down a deposit and if I choose to back out of the deal afterwards I would have lost those deposits. I also just signed a contract yesderday to sell a condo I own (got sick and tired of being a landlord and dealing with PITA tenants) and the purchaser had to put a deposit to hold the Condo until settlement. If he back out he loses that money.
all of this is normal unless specific conditions determine different arrangements. The seller may agree to return the deposit at the beginning of the deal if the buyer changes his mind, but most won't as they are the one that suffers.
This just shows that ALL aspects of any business arrangement should be fully discussed, agreed upon, and understand before any money ever changes hands.

BTW, when I bought my Vette, I asked if i could give the seller a $500 deposit to hold the car just for 24 hours so I could think it over and talk to my wife about it as it was a VERY large amount of money for us to spend on anything, especially what was effectively a "toy". I said I would leave a deposit to hold the car for that time period only if he would be willing to return the deposit if i changed my mind. I wouldn't have left the deposit if he didn't agree but also would have accepted that after 24 hours if I decided not to take the car I would have forfieted the money. Luckily the seller agreed to hold the car for the 24 hours without my deposit and it turned out I called him about 12 hours later and told him I would buy the car.

I think most people here are more purchasers rather than sellers so tend to only look at things from the buyers side of the deal and how if it was them they would wish to have their mony back, but also try to look at it from the sellers point of view. If he returned the deposit after a few weeks time he is now the one suffering.
It is truely the buyers responsibity to determine and evaluate any purchase and determine if the item in question is honestly being represented before handing over any money. These are old, used cars.....it's always a "Buyers Beware" situation.
It took me a while to find my Vette simply because I felt very uncomfortable buying any car without being able to go see it personally and not willing to fly all over the country for a car purchase I ended up having to wait for an acceptable car to come on the market more local so I could go see it myself before deciding on it.
 
Oh I agree. Again though, as long as these terms are out in the open and agreed upon. A reasonable deposit, that is relative to the price of vehicle, should be considered. As far as ethical, well thats another story. Could you see someone going to a car dealer and puting a deposit on a new car to hold for a night or weekend. Then finding out that it is not the smartest thing to do and back out of the deal and have the dealer tell them, "Well we kept the car off of the market and we are just going to keep the deposit for the inconveinence of doing so?" If I were forced into that kind of arrangement, for a car that I felt that I just had to have, then I think I'd only give the person like $100 to hold it for a day or two. Thats just me, but everyone is entitled to their own opinion.
 
http://www.corvetteactioncenter.com/forums/showthread.php?t=52097
For the folks in this sub-forum, here are the pics and replies. There was no mention of a "non-refundable" deposit at any time during the email conversations. Again, look at the pics and then the description of the car by the broker and I have many more. "Needs only TLC, no restoration". I can email anyone that quote.
 
There WAS no mention of the deposit being non-refundable for it should have been understood or put in writing between us if refundable at buyers whim. The sad part here is when I told owner you were going to send deposit he said he would hold car for you without any deposit. I advised him to get down and hold money or he could lose sale to someone else. Once earnest money is applied then car is removed from market. Yes the owner was going to take you at your word that you were going to buy car and hold it for you. Deposit was not placed on any kind of contingencey and that is now a problem. When deposit was in hand owner considered that you would be coming to pick up car. At that point you had digitals taken and they misled you into defaming his car calling it not even roadworthy. I'm sorry you think I misled you but the owner really likes his cars and he don't own any crap and he was insulted you thought we were trying to mislead you. Dixon is my legal mailing address, in the suberb of Nelson-got problems with that or can't understand it talk to US postal service. I am not trying to hide--you have my full address--home phone and cell phone and if you'd like to talk get ahold of me. But as you continue to defame and look for support against me it only solidifies my posistion on not working for nothing when securing down and hold moneys. Money talks and Bullpoop walks. You deposited to hold and backed out. You should have at least stopped by on your way through and looked at car. If you could have met owner and expressed displeasure with condition he may have felt sorry and gave you your deposit back. He is a real nice guy. And his Vette is a real nice Vette. Your attitude on car being crap pretty much stopped that from happening. Bottom line is check was not in my name--I did not receive it or cash it. If you are stopping payment on it as you stated how now would you ever expect any refunds--and what would you consider a reasonable fee for my time and trouble--I'm sure we can now agree to disagree on that also.
I will be talking with owner for I would wish money to be returned in good faith. You risk any chance of that happening already with your slanderous actions.
 

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