Ooops I did it again.....nearly.....maybe

[zagatoes30]

Leyat Helica

 

[rockits]

There might be a bit of sting in the tail and some complexity to this one now though after a late 11th hour message last night. Literally 11th hour!

I went to see the car on Saturday. A fundamentally good car I think with a couple of issues I can work through over time. Went away, had a think overnight then proposed a deal that worked for me and explained how/why the next day on the Sunday. He came back with a counter offer, then I went back with a final offer which he agreed to yesterday morning.

He sent over his bank details, I sent over payment of a deposit with the balance agreed to be paid before I arrived on Thursday or Friday to collect. As he is away for a couple days so that will be the earliest chance to collect.

Unfortunately it seems as though he didn't take the sales ad down and someone else went on late last night and did a Buy It Now. Not sure if they have paid a deposit and/or the balance just yet. So essentially the seller has now sold the same car twice!

I have spent a lot of time mainly, also some money on the deal/car to date and time is not something any of us busy people are abundantly blessed with. So I'm not exactly particularly happy of course. So will aim to work an amicable deal where we are all happy and people all do the right thing. Why is nothing straight forward sometimes?!

Has anyone had exactly that same situation? If so how did you work through and amicable conclusion?

 

[midlifecrisis]

Has anyone had exactly that same situation? If so how did you work through and amicable conclusion?

If it's eBay, there are mechanisms to refuse an offer or take down the advert. Somewhere deep in the settings....can't think where.

 

[safrane]

They have taken your deposit and agreed sale to you... the following offer is thier issue to resolve, not yours.

However, if they are not a person of thier word, I would walk away and not waste anymore time/effort on the ****. A window will open when you close a door.

 

[zagatoes30]

Something similar happened to me a few years ago, the seller choose to refund my deposit and go with the other buyer only for that deal to fall through and for the seller to come back asking if I would like to continue with my original offer.

You can guess what my response was !!

 

[Scaf]

Did you have regret or relief?

Well it’s been re listed so now it will have ti be a more considered decision

 

[CatmanV2]

Has anyone had exactly that same situation? If so how did you work through and amicable conclusion?

I think he should refuse the second deal. I can't believe that someone would have paid the money sight unseen so there may not really be an issue (unless, of course, he's banking on the second buyer paying full price)

C

 

[CatmanV2]

GT is plenty big enough for me.

Speed, I hope....

C

 

[rockits]

If it's eBay, there are mechanisms to refuse an offer or take down the advert. Somewhere deep in the settings....can't think where.

It was a Pistonheads auction I understand that didn't original sell for or meet the reserve.

 

[rockits]

They have taken your deposit and agreed sale to you... the following offer is thier issue to resolve, not yours.

However, if they are not a person of thier word, I would walk away and not waste anymore time/effort on the ****. A window will open when you close a door.

Yes, agreed and all these things feed into the pot. I think I know the way forward so will see how it develops. A possible slightly messy situation that could easily have been avoided and still could be but a little out of my hands to an extent. I know what I would have done and would do, also have done in a partly similar situation before. However, it remains to be seen if some moons are aligned.

 

[rockits]

Something similar happened to me a few years ago, the seller choose to refund my deposit and go with the other buyer only for that deal to fall and for the seller to come back asking if I would like to continue with my original offer.

You can guess what my response was !!

LOL, I can imagine!

 

[rockits]

I think he should refuse the second deal. I can't believe that someone would have paid the money sight unseen so there may not really be an issue (unless, of course, he's banking on the second buyer paying full price)

C

Well this is what I would do and have done before. It wasn't in my best financial interests of course back then but I feel there is a way to be and conduct yourself IMHO also money is secondary to me. Not that I have too much of it of course! I just value morality, ethics and protocol much higher.

 

[rockits]

Speed, I hope....

C

LOL......you mistake me with someone with more cash than I have

 

[rockits]

Well it’s been re listed so now it will have ti be a more considered decision

Interesting.....so you are still considering it then?

 

[ScottH]

Seen the ad all week - a lot of car for the money, even if bushes and pads are needed soon as they suggest. Hopefully no surprises for you! Enjoy!

 

[CatmanV2]

LOL......you mistake me with someone with more cash than I have

I managed to afford one!

C

 

[rockits]

I managed to afford one!

C

LOL....you must have more cash than me then. Maybe a little less now though after the GT

 

[sionie1]

You can cancel a winning bid however eBay still allow the potential purchaser to leave negative feedback, even when you go through Customer Services and follow their advice. Not that it’s your problem but some people don’t like that negative mark. Hopefully he’ll do the right thing and you’ll get it..

 

[CatmanV2]

LOL....you must have more cash than me then. Maybe a little less now though after the GT

I think mine was mid about the same as Grantoursimo at the time. Lower end (as is my want) Anyway, hope it pans out in your favour. Of course we want pictures

C

 

[rockits]

You can cancel a winning bid however eBay still allow the potential purchaser to leave negative feedback, even when you go through Customer Services and follow their advice. Not that it’s your problem but some people don’t like that negative mark. Hopefully he’ll do the right thing and you’ll get it..

It was a Pistonheads listing not Ebay. I understand the new Pistonheads platform incurs a 6% + VAT fee for the buyer and is free for the seller. So the seller can list for free and sets an agreed reserve. If it doesn't make the agreed reserve, as in the case here, then there is an option to list it as a Buy It Now for a set/fixed price. Which is what happened here.

The complication has occurred it seems as the Buy It Now was still live and running after we had agreed the sale/purchase so wasn't taken down. Then just a few hours before it was due to end someone had click on the Buy It Now button. I think the seller could end the Buy It Now listing early but then Pistonheads would have a right to ask the buyer to foot the 6% + VAT fee.

It is good to know and understand how these platforms work as the all seem different as some have seller fees and some buyer fees. I suspect they will always want their fee from buyer or seller as they have listed and advertised/marketed the car. So rightly so in that sense. I guess the only way they don't get their fee is if the car is not sold for the agreed price or reserve. Which is totally understandable too.

I think I would just stick to and prefer the standard way to advertise then list a car with a fixed fee classified ad style. Many of these newer auction style platforms often seem to cause some issues and not sure they often achieve high selling prices either from what I have seen. Most only charge a small fee.

For PH:
On Aston Martin, Bentley, Ferrari, Lamborghini and McLaren the adverts cost £39.99, all others are £29.99 for a 30 day listing.

For Ebay:
List your vehicle using the Classified ad format, and it costs a non refundable listing fee of £19.99, but when the vehicle sells, there are no Final fees to pay, nothing else to pay.
List it in auction format or as a regular Buy it Now, this will costs a non refundable listing fee of £14.99 but here, when the vehicle sells, there is a seller fee, a Final Value Fee to pay which is 1% of the final transaction, minimum £25, maximum £45.

For Autotrader:
Basic is £36.95 for 2 Weeks
Standard is £46.05 for 3 Weeks
Premium is £58.95 for 6 Weeks
Ultimate is £74.95 live until sold

I have mainly used the £19.99 Ebay Classified Ad option to sell any cars with decent success. I tend to look at all the usual platforms anyway as I expect we all mainly do.