advice needed....lost deposit ...

need some advice ……as some of you may know i have been selling everything i can in order to buy back a mk1 which i previously owned ….
     i spoke to the owner and we agreed a price , and he did agree to hold onto the car for a while to give me chance to raise the cash ……
  all was going well i had sold enough to raise the agreed amount ,   i sent payment of £500 3 days before i was due to collect the car with the rest to be paid on collection  anyway sme of the cash was paid into my account which was swallowed up by my overdraft ….the bank then decided that my overdraft was a tempary thing and reduced the allowance on my overdraft …which then left me short of cash to buy the car , and so i had to pull out of the sale ……. the seller then sold the car that same weekend and is not willing to return my £500 ……is there anything legally i can do ?????  
       really annoyed about losing £500 , but even more annoyed at selling everything i can and missing out on buying my old car back ….

gutted jim!!!!

only spoke to you about this last weekend

how did you pay this deposit?? cash, bank transfer, paypal??

hope you get it sorted sharpish

i paid bank transfer,

you much be able to prove that you have paid and not recieved any goods

maybe citzen advise could help you out?

you have records of the transfer via the bank and you haven't had anything.

Maybe your bank could advise you, it might be covered like your credit card is :dontknow:

yes will give the bank a call , see if they can help out …..am i right in thinking i can find out his address details from the DVLA  ?

Sorry to hear about that. I thought that things like that will only be covered if its a used car like from a dealership.  But im no banker and dont know the ins and outs of bank transfers.

Good luck fella!

Just asked the misses who used to work for a bank and she sais theres nothing that can be done.

Apparently bank transfers are done at the senders own risk and is the same as handing over cash.

Now she didn't do that sort of stuff when she worked in the bank but she's pretty sure there's nothing that can be done.

Hope you manage to sort it out mate.

was thinking that …….       if somebody had a sort code and account number code they get any money out of the account ?  
……..sorta feel like spreading his bank details allover and leaving his phone number in dodgy places ect  ……not really any help  i know ….

mk1jim said

was thinking that …….       if somebody had a sort code and account number code they get any money out of the account ?  
……..sorta feel like spreading his bank details allover and leaving his phone number in dodgy places ect  ……not really any help  i know ….

You wouldnt be able to do anything with just a sort code and acount number.

i feel bad for you jim. that is really harsh. i hope karma is real and he gets what he deserves.

Rich

Sorry to hear your story… I'd try contact the bank asap… See if they can recall the funds. Can u take him to the small claims court?? Get some free legal advice…

id ring him and give him one last chance to return the cash then if he fails let him know that his name is dirt on the forums spread all the details you have about him lol

problemis a deposit is normally non refundable so it would be good gesture on hispart tbf

i'd be happy with some of it back,,, just that £500 is a big lump to lose on nothing … just rubs salt into the wound that i didn't get the car back …

Do it properly, ask him decently and give him a reasonable amount of time to give it back, then call your local Police station

A similar thing kind of thing happened to me through Ebay and in the end I did it through the Police, they were great and got in touch with the dodgy seller - the goods came to me the very next day

cheers will ask him again,  wait to see if he replies …………

Yes tricky one this. Depends if he's a business or a private individual?

Also if it gets to police/solictors, was the £500 a 'holding' deposit or the 1st payment? If a holding deposit and then you couldn't meet the final agreed time/payment he could claim you failed to meet your side of the agreement/contract. You paid for him to hold it and he did so he keeps the £500. If it was the 1st payment, you have paid for something you haven't received and so need your £ back.

I think its a pretty bad show on his part. You obviously showed good will and stumpted up a big deposit/1st payment showing you intended to buy it, however other problems stopped you so he sold it and presumably got his asking price? If you had back out and he still had the car he would have grounds to feel a bit hacked off esp if he'd turned away other propective buyers. But he didn't. Looks to me like hes got is cake and eating it.

Hope you get your £ back soon.

This is a decency issue and to be honest, anyone who would take a sum of money as large as that and just keep it, has no scruples whatsoever.. I hate to say it Jim.. But I think we all know where this is going.. This fella is rubbing his hands together and laughing his head off at the free Christmas he is about to have.. its making my blood boil the more I write.. Maybe we should all meet up as a club outside his house and chant stuff at him until he is shamed into giving you your cash back..

Chant stuff!!  You you lot chant and go in through the back door…..no punt intended lol

Well we can't suggest anything illegal can we!..  8O

I just kind of figured that 50 + people all outside your house chanting abuse would be enough to make you want to give £500 back..  :x

a deposit is a deposit. was it stated as a refundable or non refundable deposit? if the man/bird sold the car, then he should return your deposit. if you pulled out of the deal then it's a different story. a deposit is generally entering into a contract to buy the goods. that means you pay for them and they supply them.

you have a right to your deposit back, unless you had a written contract stating you must complete paymant on a specified date.

and whoever said 'violence solves nothing' was not quite correct