Well, im worried and stressed out from this car selling and now this:

A guy emailed me last week, wants to see the car and is from town. Cool I said. I showed him the car and had a 190E which was in a accident prior and wants another benz....loved the w126 and within 5 mins gave me a personal cheque deposit for $1000. My car was originally priced for $6900 then within the month I brought it down to about $6000 which he saw in the Autotrader.

He agreed and it was his decision that he will give me $6500. I was floored and obviously said sure. This was done on a Friday nite. He kept in touch over the weekend that he will be calling me on Monday afternoon with regards to his $5500 remaining payment which he will be getting a loan for (has 2 cars financed). Its now Monday at midnite and not a word or call or email from him.

I have his work and home # and nobody picked up. Im am starting to worry and hoping a call tommorow.....this reminds me of a development of some Judge Judy case

Im never selling a car privately again!!

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99 C43
98 S420
99 C230K
01 C240

If it were cash, I'd say hang on to the deposit, and if he never returns, then it's all yours....

But since it's a check, there's more of a paper trail linking the two of you.... I'd hold onto it for now, and check to see what your state laws are regarding this kind of thing..... I'm sure there's a specific, legal waiting period, after which you can probably keep his deposit without any liability or obligation on your part.

Mike

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1979 300 SD
350,000 miles
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1982 300D-gone---sold to a buddy
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1985 300TD
270,000 miles
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1994 E320
not my favorite, but the wife wanted it

www.myspace.com/mikemover
www.myspace.com/openskystudio
www.myspace.com/speedxband
www.myspace.com/openskyseparators
www.myspace.com/doubledrivemusic

As long as he doesn't have the car no harm, no foul.

Hang in there, and don't go any lower in price for awhile. Make those who are watching it think you've reached the bottom of your price range.

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Pxland

2001 Honda Accord

1995 Jeep Cherokee

1973 MB 280SEL 4.5

Update:

He called back....was just very busy at work otherwise the bank didnt want to finance the benz cause its too old? He used up his line of credit for his son and daughters cars but will try another lender today and get back to me. He said if he cant get the money hes letting me keep the deposit.

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99 C43
98 S420
99 C230K
01 C240

I personally would refund his deposit if he can't get the loan. "The easiest people to sell too are the ones that can't afford what there buying"

Why refund if hes telling me to keep it? Ive lost 2 potential buyers who I told the car was sold....when now its not.

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99 C43
98 S420
99 C230K
01 C240