(Topic ID: 236431)

Refund deposit or not?

By Jaymach1

5 years ago


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  • 122 posts
  • 78 Pinsiders participating
  • Latest reply 5 years ago by Zavadoza
  • Topic is favorited by 2 Pinsiders

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    There are 122 posts in this topic. You are on page 1 of 3.
    #1 5 years ago

    So, this is the first time I've felt like I've gotten burned in a deal. Mostly lost time but still frustrating. Went back and forth with a buyer for a few days, agreed on a price for the game with delivery. Received a $200 Deposit toward the purchase. Worked out a delivery day of tomorrow. The guy is 5 hours one way. Not a big deal but had to borrow a vehicle. Drove 40 minutes to pick up a family members explorer, filled the tank ($40) then 40 minutes home today.

    Coaxed a friend over with beer and snacks to help me break down and load the game. Went to bed around 8 since the guy needed the game delivered before he went to work so I needed to leave by 2:30 am. Phone rings at 10 pm, wakes me up and he explains he made a deal on a different game he really wanted and wants half his deposit back.

    I'm truthfully on the fence with this one just knowing what I have to do tomorrow to get the game back in the house, reassembled and return the vehicle. Good news is I wasn't already on the road when the deal fell through and I still have the game. What sucks is the lost time and gas money.

    Any advice is much appreciated.

    #2 5 years ago

    Tough call. Sucks all around. I would just give him half back assuming the half you keep covers your expenses you’ve incurred.

    #3 5 years ago
    Quoted from chuckwurt:

    Tough call. Sucks all around. I would just give him half back assuming the half you keep covers your expenses you’ve incurred.

    Ya, that's what I was leaning towards. Just so bummed about the wasted time I had this weekend dealing with it but I guess that's what you go through selling machines.

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    #4 5 years ago

    It depends on what you told the guy when you took the deposit, sort of. I always (after being burned once) tell the buyer that if he changes his mind for any reason, the deposit is not going to be refunded. Maybe you did not do that, but since he changed his mind and bought something else he can have no real expectation of you issuing a refund. I think I'd be inclined to keep it--a deal is a deal, until he broke it.

    #5 5 years ago

    Keep all of the deposit, his mistake fuck em. Life sucks.

    19
    #6 5 years ago

    He changed his mind. Deposit is yours now. He backed out of the deal.

    #7 5 years ago
    Quoted from Billy16:

    It depends on what you told the guy when you took the deposit, sort of. I always (after being burned once) tell the buyer that if he changes his mind for any reason, the deposit is not going to be refunded. Maybe you did not do that, but since he changed his mind and bought something else he can have no real expectation of you issuing a refund. I think I'd be inclined to keep it--a deal is a deal, until he broke it.

    Ya, I never mentioned the refund was non refundable. This will be the last time I make that mistake.

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    #8 5 years ago
    Quoted from Jaymach1:

    Ya, I never mentioned the refund was non refundable. This will be the last time I make that mistake.

    That is what the deposit is, it means here is money in good faith the rest will be paid. If the person who put the deposit down backs out, that is on them they lose out. Just my 2 cents.

    #9 5 years ago

    I had a situation occur where I accepted a $200 deposit on a game that took off the market and agreed to hold for a month. Unfortunately during that time I had two trade offers for games I really wanted but stayed true to my word. A week before pickup I got a text saying the guy wouldn’t be able to buy my game due to other issues. He then asked for half the deposit back because I had removed the game from the market, I agreed to give half back even though I was held up for almost a month and missed 2 deals I wanted. Kind of sucked at the time but I did end up getting a trade that was better than the other 2 in the end so kind of a silver lining. You aren’t obligated to return a deposit, it’s a deposit. Keep half or all is fair in my book.

    #10 5 years ago

    Depends on how much it was, in this case I’d keep it all. If it were 500$+ I’d make a deal with him. IMO

    39
    #11 5 years ago

    Isn’t that the point of a deposit? To have money on the line as a guarantee for the seller, that the buyer is good for his word....if a deposit is refundable then what is the point of it? Why collect on at all?

    #12 5 years ago
    Quoted from ovfdfireman:

    Isn’t that the point of a deposit? To have money on the line as a guarantee for the seller, that the buyer is good for his word....if a deposit is refundable then what is the point of it? Why collect on at all?

    That's a damn good point right there!

    #13 5 years ago

    Also I would like to add he has no leg to stand on calling the shots on what should be done with the deposit. That was actually quite funny to read.

    #14 5 years ago

    Keep the deposit and tell him he has $100 credit toward a future purchase from you, ha...

    #15 5 years ago

    Curious. I know it doesn’t apply to this post, but what if the deposit was to hold the game until it could be confirmed that the condition was as described?

    #16 5 years ago
    Quoted from 2pupPinz:

    Curious. I know it doesn’t apply to this post, but what if the deposit was to hold the game until it could be confirmed that the condition was as described?

    I think in that case you would refund it if the game wasn't as described. I'd have no problem refunding it in this case if he was picking it up. It's the hours of wasted time to set up the delivery that's the kick in the ass, and knowing I have to unload it and reassemble it tomorrow again.

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    #17 5 years ago

    I cant believe you were driving 5 hours to DELIVER a game.....

    #18 5 years ago
    Quoted from Muskie82:

    I cant believe you were driving 5 hours to DELIVER a game.....

    Ya me either, but he was basically paying for the delivery and it was my day off of work so it was doable. Never again

    #19 5 years ago

    Yeah I’m gonna file that under “tough rocks pal.”

    Last minute cancellation means you keep the deposit unless you expressly told him it was refundable.

    #20 5 years ago

    I agree, you were willing to truly go the extra mile for him, and considering that you are leaning towards giving back half, you are being more than fair.

    #21 5 years ago

    What makes it worse is its a heavy ass pinball 2000. My back already hurts thinking about carrying It back in the house. Lol

    #22 5 years ago

    I've always found a deposit is always non-refundable unless explicitly stated otherwise.
    There's no real point in taking a deposit if its refundable.

    #23 5 years ago

    Lol I was going to ask what pin. Never had to move one of those, but they look like JJPs. Use the FORCE, but bend at the knees! GL!

    #24 5 years ago

    Ya they are heavy. The cab is heavy, then you have the back box with the tube in it.

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    #25 5 years ago

    I would always assume a deposit is not refundable unless agreed otherwise (i.e. because the game doesn’t match the description given).

    You’re well within your rights to explain that while you normally try to accommodate people, you went to a bunch of trouble to prepare for delivery and there will be no refund with his last minute cancellation of the deal.

    One other thing to think about is how you took the deposit, if it was PayPal or the like he could try to do a chargeback.

    11
    #26 5 years ago

    Keep it, takes a lot of balls to even ask for half of $200 back doing what you did.

    12
    #27 5 years ago

    So, this guy is telling you that your time, energy, and expense should only be worth $100 to you? And you have to move the game back in the house, return a vehicle, and set the game up again? And it is a P2k game to boot? Keep the $200, you earned it.

    #28 5 years ago

    He can go pound sand.

    You sleep well with your deposit money.

    #29 5 years ago

    Only one that wins here is MOM! She gets a full tank of gas in her explorer

    #30 5 years ago

    My understanding has always been, as mentioned above, deposits were an act of good faith from the buyer to thse seller. “Take this as a deposit that I’m going to buy your game and not flake out. Please consider the game sold”.

    12
    #31 5 years ago

    Man, fuck that noise. Re-read your original post. Look at all you were willing to do to make this happen. And you, the SELLER, are driving 5 HOURS each way....for him????

    Keep that money and feel good about it. And, as you have clearly noted you know to do in the future, state that ANY deposit is NON-REFUNDABLE to CYA (Cover Your Ass).

    Wow, the nerve of some people.

    #32 5 years ago

    Ya, I'm aggravated to say the least. 2 texts at 9 and 930 and then he called at ten. And now at 1 I'm obviously still awake because I went to bed early and was finally woke up by the calls.

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    #33 5 years ago

    Thanks everyone for the input. I'm gonna finally call it a night and hopefully sleep in.

    #34 5 years ago

    Forget that! Keep the deposit, this screams cold feet w/ a BS excuse! GL Man!

    #35 5 years ago

    Sleep well. Keep the deposit. Don't cave to his drama. He's not in charge of it - it's yours. I would never dream of asking for all or part of a deposit back after breaking a deal. If he keeps bugging you, you could clearly say "no" one last time and then block his number. I always use a disposable google voice number for sales of any kind - just turn the number off when you're done with any given transaction.

    #36 5 years ago

    Alter the scenario a little bit. Instead of borrowing a vehicle, you had to go rent one instead. You would be out $50.00-$60.00-$70.00 for trunk rental. Does not matter if your plans changed. You would have the trunk overnight. The trunk would have a full tank of gas so you cannot count that.

    THe family member, is not a jerk, will probably pay you for the gas you put in.

    You are out the trunk and your time. If you feel like you want give him a refund, give him $50.00 and call it good. As others have noted, a deposit is a good faith offer. You took down your ad but if you had left it up you may have had another buyer on the line.

    #37 5 years ago

    We do it so often we that we trivialize the process of dissasembling and loading a pinball machine. When in all honesty its a real pain in the ass.

    Keep the deposit. Your time and effort is valuable, thats why you requested the deposit in the first place.

    There is a cost when you commit to a deal and then decide to change your mind last minute. In this case it is $200, not $100.

    #38 5 years ago

    Yeah,keep the deposit and the other things are his problem.

    #39 5 years ago

    Knowing the machine is a heavy pia and you had to borrow a vehicle and already put gas in it...consider the deposit all yours.
    I as a buyer I would expect you to keep the money, all of it.
    -Mike

    #40 5 years ago

    Keep the deposit, it’s the right thing to do here.

    #41 5 years ago

    This guy clearly doesn’t have his shit together. Do not give deposit back I repeat do not give deposit back. This guy has to learn once deal is agreed on you can’t back out last second. It’s just not fair on your end. I’d say I’d be happy to give you your hundred back can you drive up & help me load& set my game back up

    #42 5 years ago
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    #43 5 years ago

    Deposits are a commitment to buy. He backed out and thus violated the terms of the contract. Given everything you had to do, there is no way I would return any of the deposit. It's absurd that he asked that of you after the fact.

    #44 5 years ago

    Tell him to go pound sand and keep the 2 bills

    #45 5 years ago

    Text him a link to this thread with the tag line: “The tribe has spoken”.

    #46 5 years ago

    Keep it and tell him to loose your number.

    Time is valuable and he wasted a bunch of your time.

    I am not sure if you said how he paid for the deposit? Guessing any sleazeball even asking for $100 back is going to do a charge back on you if he is able to.
    If that happens, be prepared to deal with it however you see fit.

    I would post all his info publicly if he opts for that route.

    sorry you have to deal with a guy like this. Once a deposit is paid, the deal is done.
    Buyer walks after that, and they loose money.

    #47 5 years ago

    No way i would refund the deposit, and that's coming from a pretty fair guy. How would his attitude have been if you found a local seller that would pay same price with no delivery. He just lost the $200.

    #48 5 years ago

    Keep

    #49 5 years ago

    Clear case to keep it.......not only for you and all you did/were going to do for the sale which is amazing...clearly you are a great dude......but also for future sellers to this guy. Lame he even asked for it and posed it like he was letting you keep $100.....what a spin. He clearly needs to learn the definition of what a deposit is and means when he attempts to try this crap with the next seller.

    -6
    #50 5 years ago

    How many days did you have to hold the game for? If it’s less than a week, I’d refund him the deposit. If it’s several weeks or more, you should be entitled to keep it since you pulled the game from the market and may have lost a sale elsewhere. Buyer should understand that.

    There are 122 posts in this topic. You are on page 1 of 3.

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