the link is to my 62 f100 for sale on this site. i'm asking 3000 what do ya'll think it's worth? i have had some local callers, and i have 1 coming to see it friday. he said from the pics he wants it, but is offering me $500 less. he also wants to give me $1000 til his income tax check comes in and me hold the truck. sound like a good idea to ya'll? anything i should do?
I'd watch out for a deal like that. Ones like that give you half the $ then want you to drop the price, trade for a POS you don't want for the difference, or want their money back 2 months down the road when they can't come up with the difference.
Cash talks, promises are for politicians.
1964 F 100 - I am going to do "something" with it.......
I don't take "down payments" on anything I sell. I have a fear of the person backing out while others would have bought. If I want to sell something, you give me the cash and get the title at the same time. Ask yourself, would you buy something and only take half of the title and someones promise that they will give the other half of the title at a later date?
1965 F100 "Papaw's Pride"
"So I'm working on a cistern inlet valve and the guy hands me a lock nut wrench! I was like 'What is this, a drainpipe slipknot!'" -Flo
Just a couple of points: First, the price is dependent on where you are. Out here in my area, you are way over priced given the rust and general overall poor condition but I would wager that the guys in Massachussets would not agree! LOL Second, a deposit is fine, just write a contract and make it very clear that he has until a certain date to pay in full or the deposit is forfeit. Be sure to have it witnessed at the time of signing (and I don't mean your wife!). I have sold many that way and only once did I keep the deposit. Once they realize you are not giving the money back they always "find" a way to pay! Hawkrod
Price is your decision but tell the possible buyer it is all cash when purchased. If you tell him 2500 is OK but if a higher offer comes first it is first with cash.
that way you have no possible legal issues to deal with a possible lein put on your truck from the man with a deposit. It will cost more than 1000 bucks to cover time and legal cost. Trust me I had a man with the same deal and he made a $1600 68 Cougar deal turn into me making 0 dollars after the coourt and lost work due to court dates.
My two cents...Sounds to me like this guy is worried you may sell the truck for what you're asking for it. That being said, if you are willing to sell it for less I would say go for it but make sure you have all the details in writing and a witness such as Hawkrod said.
that's a great looking truck. In the north east you would get 3K in an instant.
tough call on the payment thing. I'm still owed $400 on the bronco I sold and another $1500 I'll never see because I trusted someone.. but that being said I've had plenty of deals work out.
Are you having trouble selling it? Not everyone like to be a hardnose but sometimes ya gotta. How long does he expect to be to get his return? Make him sign something to protect the two of you write a date down. and stick to it.
I have seen your truck come up in the For Sale section a couple times. It is just what i am looking for. I don't know what the market will bring in your area but if If you weren't 800 miles away I would have bought it already. Short unibodys or anything else that isn't rotted away usually bring decent money around here.
I have had bad luck with down payments to hold the truck for any length of time. After two bad experiences I dont do it any more. How long before the buyer gets his tax check? The truck hasn't sold for a while. It will still probably be there when he gets his check.
Any kind of written agreement may only be enforceable if you go to court if it is enforceable at all. Who has time or money for that??
66 F-100 Shortbed 2wd
78 F-250 Supercab 4x4
87 F-150 Supercab 4x4
And a bunch of other stuff.
i had a guy try the same thing on me a few years ago, i was selling an old dirt bike, guy came buy said he would buy it, but he only had 250 until his income tax check came in, about a month later he came buy,, uhh, i had some stuff i had to take care of with my tax money , i cant afford the bike now, can i gte my 250 back,, i told him i had to pay taxes this year and didnt have the money, either buy the bike or its your loss, he left saying he would see what he could do,, never heard from the guy again
________ Ford VN platform
Last edited by dwbr on February 7, 2011, 12:43 am, edited 1 time in total.
I have to be honest, I just spent 6 years in the Army and there are just as many dishonest people there as anywhere although I appreciate you trying to help the guy out. I wouldn't take any less then 2500. If you take the down payment though, in my opinion, you are obligated to deal with the guy. Instead of taking the down payment, I would offer to hold it for him for a specific period of time. Most people now get there taxes back online within 2 weeks or so. I agree money talks though, if someone is willing to pay 3000 let him know and make his own decision. Just my
