sellers remorse

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Pig Skill

Original Poster:

1,368 posts

218 months

Tuesday 25th September 2012
quotequote all
Should one give in to it?

Ive taken a deposit for a car that I advertised on the back of a hasty decision. SInce then I am at the point of being sick with regret and I really dont want to sell.

I can refund the deposit and keep the car or take it on the chin and chalk it down to experience

What would you guys do (honestly please)


Kermit power

29,622 posts

228 months

Tuesday 25th September 2012
quotequote all
Did you get a good price for the car?

I read an interesting article somewhere saying that if an employee hands in their notice, there's no point trying to retain them, as 90% will still leave within 6 months, even if you give them a pay rise.

I say this, as I reckon once you've taken a decision to sell, even if you're then regretting it, in reality you've taken the decision to sell, and if you back out now, you're only postponing the inevitable.

Hence the question of whether you got a good price. If you reckon you got the best you could hope for, then take the money and buy something new. If you reckon you've sold too cheap, then refund the deposit and hold on to it for a bit longer.

Famous Graham

26,553 posts

240 months

Tuesday 25th September 2012
quotequote all
Go through with it. If you still feel the same way in a month, buy another one.

hornetrider

63,161 posts

220 months

Tuesday 25th September 2012
quotequote all
Details man, details. What car is it and why does it mean so much to you?!

sparks_E39

12,738 posts

228 months

Tuesday 25th September 2012
quotequote all
Keep it.

Pig Skill

Original Poster:

1,368 posts

218 months

Tuesday 25th September 2012
quotequote all
It's a real tussle to be honest. I really don't want to part with it now but the chap is such a nice guy and he has been patient - I feel a right rat bd reneging on the deal but also I am mindful that I will be heartbroken when it goes.



Edited by Pig Skill on Tuesday 25th September 22:28

davepoth

29,395 posts

214 months

Tuesday 25th September 2012
quotequote all
Ring him and tell him the engine exploded, hand him back the deposit.

Grenoble

54,996 posts

170 months

Tuesday 25th September 2012
quotequote all
So? Man up and call him.

Apologise.

Refund deposit in full plus some beer tokens money to cover any extra costs he has had (moving insurance, etc)... and move on.

Be prepared for a really bad reaction if he has incurred lots of costs (selling his car, taking day off work to collect yours, etc)...

redgriff500

28,850 posts

278 months

Tuesday 25th September 2012
quotequote all
You have agreed to sell it.

A man should never go back on his word.


Grenoble

54,996 posts

170 months

Tuesday 25th September 2012
quotequote all
redgriff500 said:
You have agreed to sell it.

A man should never go back on his word.
You never know, there might be buyers remorse as well. A man should be honest... but if buyer insists then he should carry on with the sale.

Jasandjules

71,021 posts

244 months

Tuesday 25th September 2012
quotequote all
I would sell the car. I gave my word to do so.

james_gt3rs

4,816 posts

206 months

Tuesday 25th September 2012
quotequote all
Jasandjules said:
I would sell the car. I gave my word to do so.
+1 messing them about otherwise.

Rude-boy

22,227 posts

248 months

Tuesday 25th September 2012
quotequote all
Grenoble said:
You never know, there might be buyers remorse as well. A man should be honest... but if buyer insists then he should carry on with the sale.
Agree. Sound him out and offer to return deposit and beer tokens as an apology - you will spend these replacing and it will never be 'your' old car. If he insists on specific performance I would go through with the deal if I were in your position.


MattGTA

419 posts

187 months

Tuesday 25th September 2012
quotequote all
davepoth said:
Ring him and tell him the engine exploded, hand him back the deposit.
Not this - he'll see right through it and think you're a tcensoredt



SpeckledJim

31,608 posts

268 months

Tuesday 25th September 2012
quotequote all
You have to sell the car.

davepoth

29,395 posts

214 months

Tuesday 25th September 2012
quotequote all
MattGTA said:
davepoth said:
Ring him and tell him the engine exploded, hand him back the deposit.
Not this - he'll see right through it and think you're a tcensoredt
He certainly will if he's on Pistonheads. wink

roystinho

3,767 posts

190 months

Tuesday 25th September 2012
quotequote all
What car is it out of interest?

But really I agree you should sell it once he handed over the deposit

TITWONK

530 posts

182 months

Tuesday 25th September 2012
quotequote all
MattGTA said:
Not this - he'll see right through it and think you're a tcensoredt
Engine lights on and it is overheating? Surely enough to put him off! Unless as said above smile

Grenoble

54,996 posts

170 months

Tuesday 25th September 2012
quotequote all
What happened to integrity?

Cue next PH thread, "legal advice needed: seller won't sell me agreed car"

Again, I suggest talking to the buyer honestly, and go from there. Life is not either/or.

Gaygle

322 posts

223 months

Tuesday 25th September 2012
quotequote all
As above, i would say that something broke. If i was feeling sick with sellers remorse, as you have said you are, there's no way i would let the car go as i know i would regret it even more when i had actually sold it. Until you sell it, it is yours and therefore you can make the decision about what happens. But don't be a knob about it, make up your mind quickly to allow the other guy to resume car hunting and not losing out on other cars that might be getting sold.
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