Quote:
Originally Posted by Jacks
Worst case he makes 15% on his money in 3 months, show me a better investment that is legal.
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If it's a 15% deposit, that would go towards the purchase price of the truck. Assuming she buys it after the 3 months, there's no 15% being made. He just had the 15% until she paid the remainder in full.
So, if I'm reading this right, for him to make money, the 15% is either a price increase to cover the 3 month hold, or a deposit with the expectation that she won't take the truck at the end of 3 months, and the deposit isn't refunded. While maybe (?) that's legal, it sure as hell isn't moral.
Assuming this woman isn't running a scam and is just hard up for cash, we've gone from zyzz giving her a break on the price and holding it/contemplating a poor move of taking a personal post dated cheque, to making money off her? Am I completely misunderstanding this?
There's got to be a better way to make $200.