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That sucks for that dude. What a dumbass 19 year old, though.
I warned him but he didn't listen. 19 years old. Here's how it goes. This kid gets in a car wreck and settles with the other guys insurance company.
He then comes in and puts a 500 dollar deposit down and asks me to hold a trailer for him. He's a big mouth so I got the whole story. Normally I dump guys like this but there wasn't anyone else to talk to and the girlfriend looked pretty damn good. Rule number is never hold a trailer for someone waiting on settlement money because it never goes down as expected. I went ahead and told him I'd hold it for him. No skin off my back and if I had another buyer I wouldn't actually turn them away. I just wanted to make him feel better by thinking he actually had a hold on something. You never know about the off chance he actually comes through.
5 days later (no other buyers) and surprise he hasn't seen his money yet. He desperately doesn't want me to sell this trailer to anyone else so he offers to bring me 7k dollars now and the rest later when his money comes in. I advised him against this and told him that if we did take 7k to hold the trailer it would be non-refundable. He's certain his settlement money will arrive. He signs a contract. He has 3 weeks to bring the additional 13k.
He'll either not get his money or his lawyers will nab most of it. This isn't going to go well for him. You should have seen how quickly the boss went to the bank to deposit the money.
That sucks for that dude. What a dumbass 19 year old, though.
hopefully he doesnt come back and shoot your ass
He'll be visiting the "what would you have done differently thread".
It was his idea. His plan. I advised him to not hand over 7k on something so uncertain. He said it was money in the bank. He's got nothing to shoot me over.
When people are confronted by their own ignorance they tend to lash out at the one doing it.
That is where I show him the office of the man who owns this place and deposited his money and refuses to refund it.
Its not going to be me.
I know exactly how this will go down. I'll get a call. He won't have his money and he'll beg me for a refund. I'll tell him that I think a refund is totally fair and doable and that I'll do what I can to help. Then pass the call over to my boss.
He should call J.G. Wentworth.
Seems rough to make a 7,000 dollar deposit completely non-refundable, but if he was dumb enough to sign the contract, then he'll deserve whatever he gets.
Ah, the old, "don't spend dollas before you has dem" philosophy.
It's pretty basic. I'm amazed at how many people are that quick to spend non-existent cash.
A fool and his money...
He's asking me to take a really nice 20k dollar used 5th wheel off the market for up to 3 weeks. I'm not going to just sit on inventory and hold it on the assumption that you'll eventually buy. There's a cost involved with pulling nice off the market. For him that cost was 7k.
If we went around holding trailers for every jackass that asked for it we'd lose deals left and right.
Fool:money ---> parted
Can he at least use that 7k to buy a tier RV?
dude, dont be surprise if he comes back with a gun.....
all trailers have to be paid in full to get them or what?
you don't have payment plans?
Non-refundable also means non-transferable. He's basically paying 7k for us to not sell the trailer to the next available buyers. A lost deal is lost money so a transfer is out of the question.
I would be shocked if a 19 year old could qualify.
...and remember he's paying cash so no need to finance when the "money's in the bank".
Im really curious what kind of trailer you get for $20k
I really don't care. I wouldn't mind losing a co-worker or 5.
Its a 2003 Montana Fifth Wheel 32' 3 slides. Loaded. 20k out the door.
him.
If you warned the dude and he dropped the cash anyway, its on him.
That's what I've been looking for. Care to make a deal?
I have others. Are you a cash buyer?That's what I've been looking for. Care to make a deal?
No no no! Don't ever tell if you are a cash buyer!That's what I've been looking for. Care to make a deal?
See B2B? I've been listening
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