truck buyer backs out... opinions on his deposit?

[centerhill condor]

deposit...what deposit? have we met?

[79centurion]

If he is backing out because of his problems then keep the money. If there was something wrong with the truck then I would say give him the money back. I got screwd out of a deposit I made on a truck. I really wanted the truck and he wouldnt hold it without a deposit. I told him I would buy it as long as it was good. Had a mechanic look at it and found the front axle tube was cracked along with other things like the tires had plugs in the sidewalls(had the tire switched around so they were on the inside). I told him there was problems to see if he would lower the price he said no and wouldnt give me back the deposit.
Dan

[Magic34]

If you incurred an expense from working the deal for him, then deduct that expense. Cancel an ad, the fee to replace it would be fair. Other than that, give it back. Life is too short to sweat the small stuff.

[H20 Toie]

When ever i have given someone a deposit it is becuase i am agreeing to buy the item. if i back out i would not expect to get the deposit back unless there was a problem with the product.
He should not have given you a deposit if he was not ready to buy it.
If you are giving the deposit back then why bother taking a deposit in the first place.

[Roaddogg 4040]

Life is too short, I agree. What would you do with the $50 or $100 dollars anyway? It's good karma to be nice anyway...
Steve

[bear down]

If you lost a sale because of it, then I would keep the deposit, otherwise, I would give it all back.
that is what I would do. if you told one person it's been sold then keep the money. if no one else called or really has been calling about the truck then give it back.

[Nord]

I agree. If you lost a sale because you held the truck. Then keep the money. If not give him the dinero.......

[ratso]

I agree. If you lost a sale because you held the truck. Then keep the money. If not give him the dinero.......
I want to put about $5000 of Western wear on layaway and put $500 toward it. In the next couple of weeks I'm gonna come in and demand my money back because my bitch wife says I can't buy it...http://www.***boat.com/ubb/graemlins/idea_2.gif

[Sherpa]

his plead for backing out was it doesn't have electric windows, which he fully
knew about when he drove it...... lame... his "girlfreind" was pissed at him
most likely because he spent money....
and technically yes, I Might* have lost a sale due to this guy since I called
3 people back, and replied to about 4 total emails telling them it was already
sold.....
it'll sell I'm sure............ but the whole purpose of the "deposit" was to hold
for balance upon pickup.......
the more I think about it, I want to inform him he's either choking up the
balance and will own a pickup, or inform him his re-think just cost him 500
bones....
I'll be most likely sending him back 400......
--he's a grown man, over 50, not a punk kid......... time to man up, and
mind his own sack for stuff like this..
--Sherpa
now the next guy is fully gonna get a lecture of sorts...........ha.

[2Driver]

I never take deposits for that reason. 1st person with the cash gets it and it creates a sense of urgency too. I'd give it back, who knows what kind of guy you may be dealing with.