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Old 06-09-2014, 11:57 AM   #48
Jacks
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Quote:
Originally Posted by kunkstyle View Post
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.
If she pays the other 85% then everything is good and the truck is sold.

If she doesn't complete the sale then he keeps the 15% for his time.

Not sure what is unclear about that?
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