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Old August 19th, 2009, 12:03 PM   #41
howell_jeep
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You have to realize that he agreed to pay about $520 per month for the truck ($120/week). That's a hefty payment for someone that is short on cash.

To date, he has only made payments totalling $390 (180+120+90).
Let him know that if he keeps it up sending late and short payments you will end the deal. Return him any payments he made, minus the $200 deposit.

I don't understand why people keep saying that you are not out anything, or that you are not at a loss. You lost 3 weeks of opportunity in finding another buyer for the truck.

What you end up doing should depend on how much more he owes you for the truck and if you are OK with him sending you only portion of the payments every month. Understand that he is almost a week behind and might not be able to catch up. Maybe give him a "week off" to give him a fresh start.
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Old August 19th, 2009, 12:31 PM   #42
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Originally Posted by XXXJ View Post
Here ya go. \
Meet with him. Tell Bob that for the deal to continue, you want him to write all the checks, post dated to the due dates.
Hold them and cash them as due.
Do not do this. You'd have to be retarded to believe in this false sense of security.
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Old August 19th, 2009, 12:33 PM   #43
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it has only been 180 then 90(it was supposed to be 120-100 for this weeks payment 20 to catch up he down payment)

the payments are only 100 a week and 200 down that isnt to bad
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Old August 19th, 2009, 12:35 PM   #44
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Do not do this. You'd have to be retarded to believe in this false sense of security.
no shit. bounce all the checks and make a mess of my bank no way!


and a little known fact is if you bounce checks on a payment no feloney only if you bounce a check on the full amount of an item
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Old August 19th, 2009, 12:44 PM   #45
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How many more payments does Bob have to make? If he's struggling already and has a long way to go this is going to be a never ending Thread. I would just send him a certified letter with all his money minus the $200.00 Deposit explaining he reneged on the terms of the Sale.
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Old August 19th, 2009, 01:27 PM   #46
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Okay.



I think the terms of your deal were douchebaggery in the first place. Weekly payments and if he's late he loses everything? Maybe you should try being the white man here.

The guy doesn't have the vehicle, he doesn't have the title, and he is paying you. In this economy, WTF are you complaining about?
I have sold a few things in my life also and I am in agrement with PP here. It really has and will not cost anything for you to cut him some slack here. How much and how long was this supposed to take to pay off?
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Old August 19th, 2009, 01:36 PM   #47
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Set a deadline, he has two weeks to get caught up and in good standing or the deals off and he loses the deposit.

I hate being the good guy, giving somebody credit, then looking like the A-hole in the end for asking "where's my money?" I got bills to pay too........

After the payment he catches up, any late or short, he's done.
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Old August 19th, 2009, 01:45 PM   #48
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200 down 100 a week

1000 total price so 2 weeks into 8 total
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Old August 19th, 2009, 02:30 PM   #49
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give him his money back and get out of this deal before it gets more complicated! if it's already going bad it wont get any better. it will be more hassle later on when you have to come up with more money to give back plus you'll have had the vehicle off the market all that time. RUN RUN RUN!!!
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Old August 19th, 2009, 02:35 PM   #50
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tits
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Old August 19th, 2009, 02:41 PM   #51
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tits
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Old August 19th, 2009, 03:07 PM   #52
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Quote:
Originally Posted by 1badzuk View Post
200 down 100 a week

1000 total price so 2 weeks into 8 total
I guess I would still give it a couple more weeks. Than see what happens. If he just can not keep making the correct payments I would give his money back minus a $100 or so for my trouble. I just would not feel right about keeping all the money even if it is your "right" to do so.
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Old August 19th, 2009, 03:18 PM   #53
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Why do people Rant about Sells or Buying when you got a Feedback Area to leave.

Also Rules... < ( Who Needs them if people dont Read them )

Just my little Rant today
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Old August 19th, 2009, 03:19 PM   #54
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When I selling on payments, I tell them if they are late I will hold it for the same amount of days after their last payment. I have never done it but it gets the point across.
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Old August 19th, 2009, 03:39 PM   #55
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I say end it and keep some kind of small deposit for your time.
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Old August 19th, 2009, 04:48 PM   #56
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Quote:
Originally Posted by 1badzuk View Post
i agree with that but i would like to hear from some one with really good i trader on here so i can have expert gl4x4 i trader guidance





Quote:
Originally Posted by PavementPounder View Post
Okay.



I think the terms of your deal were douchebaggery in the first place. Weekly payments and if he's late he loses everything? Maybe you should try being the white man here.

The guy doesn't have the vehicle, he doesn't have the title, and he is paying you. In this economy, WTF are you complaining about?







Quote:
Originally Posted by 1badzuk View Post
well they are small weekly payments (his idea) and we said just call if there will be a problem (wouldent answer the calls said he "lost the phone")

and the economy dosent effect the post mark date on a envelope he lied about

a liar is a liar to me and i cand stand that




-we all flame aj and for the same thing without mercy liar is a liar

do you often ask for advice, and then ignore that advice?



I have sold a few vehicles on payments, but never to someone I dont know. I always hold the vehicle and the title, and normally raise the asking price, generally by the amount of 1 payment (they can afford to make 1 extra payment if they are going to force me to wait for the money). I also write out a brief description of the payment plan, and both the buyer and I will sign and date that on each payment (I have done duplicates, so each party has a copy)
My opinion is you also made the deal, so you need to either stick with it for another payment or two, or return the money. The whole part about you keeping all of his money is just a shit brain way to make you feel better about stealing from him, IMHO. Keep the downpayment for your hassle and time, but give the rest back.
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Old August 19th, 2009, 05:01 PM   #57
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Originally Posted by Yota Bill View Post
do you often ask for advice, and then ignore that advice? when did i ignore it???



I have sold a few vehicles on payments, but never to someone I dont know. I always hold the vehicle and the title, and normally raise the asking price, generally by the amount of 1 payment (they can afford to make 1 extra payment if they are going to force me to wait for the money). I also write out a brief description of the payment plan, and both the buyer and I will sign and date that on each payment (I have done duplicates, so each party has a copy)
My opinion is you also made the deal (i did keep my end), so you need to either stick with it for another payment or two, or return the money. The whole part about you keeping all of his money is just a shit brain way to make you feel better about stealing from him (i have stated multiple times i plan to keep goingwith the deal/and i also stated that if i were to terminate the deal i would give back all of the cash-stampand envelope money ), IMHO. Keep the downpayment for your hassle and time, but give the rest back.
i really cant belive im explaining myself to a noob with the amount of i trader i have done this week
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Old August 19th, 2009, 05:02 PM   #58
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My way of thinking....is A man that will lie to you....will also steal from you, so be carefull
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Old August 19th, 2009, 05:05 PM   #59
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i always here on here buyer beware, oh it had a locker, oh i will pay you.....
im just putting my ducks in a row before i act rash i wanted to hear what others with very good feedback had to say about the lieing and the late

notice most of the people who posted with less than 10 i trader have had dumb shit responses and any one who has 30+ had a very good post about what to do
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Old August 19th, 2009, 05:17 PM   #60
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If I had patience.

I'd give the kid another chance.


If the kid out right pissed me off and showed no remorse and acted all stupid and gave fucked up stupid excuses.

I will leave that up to you.
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