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Dang it!

J

jason, NW Ontario

Member
I was scoping out an IH 806 when someone walked in and swore up and down that they'd buy it in the next couple weeks. I asked if he had put a down payment on it, answer was no, but by honour alone he said he'd have to give him the benefit of the doubt... at least for a week.
I've always been of the mind that money talks. Have any of you been in this situation where your money wasn't as good as someone else's word? It would have been nice to have some cheap horsepower around our farm. Oh well.

Jay
 
I was about 14 years old and my older brother was buying the guys truck down the road, he gave him $100 to hold till the next day, and they did shake on it. Dad and brother came back from the bank, and the Man had sold the truck and gave back the $100. my brother was disappointment and up set, but for my Dad that man was dead to him, never acknowledged him again, said he was a worthless piece of %#@
 
I see where you're coming from Jason,but don't that make you want to deal with a guy like that ? He would have probably treated a deal to you the same way. To me he is just showing his honesty.

I came from the time a hand shake was better than a contract. People today are less likely to be this way.
 
It would surprise me if he comes back and buy it.
I went to look at a Chevy truck back in 1980's from work. I only had $20.00 with me and gave that as a down payment. I told him to get the truck state inspected and he said he would knock off $100.00 for me to get inspected. I agreed since it only had 40k miles on it. We picked it up the next day. Hal
 
The dealer did take down my phone number and said he'd call if no cash came knocking soon. And I wouldn't need it until all the hay is done for the year. It was just posted two days ago, and still up this morning, so I thought I had a shot. Shoot, for the asking price I think I'd have bought it on principle alone. I'll keep my eyes peeled some more cheap horsepower within shipping cost distance.
 
about two years ago i was visiting my sister and her family in Fargo for a weekend and i live in sw nd. but anyway found a pickup i wanted to trade for a d-max crewcab dooley with a six speed manual and stick on the floor for the 4x4. talked to the salesman and he said he would hold it for a week for me to get things squared away and id come in the next saturday and pick it up, so i put up a 500 dollar deposit to hold it and all was set. drove up on a friday and called him on the way said no problems he'd have it ready. was late enough when i got there so they were closed. drove through the lot and didnt see it so i figured its in the shop or something. next morning went over right when they opened. got a song and dance how they couldnt find it and i talked to a manager who looked it up and said it was sold wednesday. i was pretty hot, then they tried to sell me a different one a 3/4 ton that was only 6000 more. i was so ticked that ill never even look at the place when i drive by. got my deposit back but think that salesman should have had to pay it out of his check. sorry for going on so long.
 
Could be just trying to give you a little push into the deal Jay. Hang in there and wait, if it's still sitting there when you need it offer him less than you would today. There is a lot more tractors or anything else around these days than CASH.
Later Bob
 
In response to your reply, I think the guy was right on,my word is worth more than any amount of money,and it is a real shame that the world has lost that,because I think that is what made us in the first place.
 
I bought my farm with a handshake, the owner said "I know your family, and i know your word is good". Made me feel good, and made me want to always keep my word.
 
I had a similar situation when I was looking for a car a few months ago. One car I was looking at I told them I'd be back on Monday to take it to an independant shop for a 3rd party inspection.

I showed up on Monday and he said that another guy who looked at it a week ahead of me was at the bank trying to get financing. I had told him before and reminded him that I had my financing already lined up and I was ready to buy NOW.

He just siad sorry and if the guy couldn't get it he'd call me. That same day I drove past another dealer and found the car that I'm now driving and things worked out for the best. The other car was a comprimise. The one I bought has everything I wanted and more.

Donovan from Wisconsin
 
Some folks' word is very valuable.

I was 20 years old and went to look at a small house that was for sale. Told the owner that I would have to wait about four months to get a loan, since I wasn't yet 21. Didn't have a nickel for earnest money. A couple months later he called and said he had an offer that was $1500 higher than mine, and that he'd give me $750 to back out on the deal. I told him to sell it to the other buyer, but he didn't owe me a penny (no earnest money). He told the other guy that he wouldn't sell it to him, and went ahead with our handshake agreement. What a guy.

When he was dying of cancer, he called and asked if I would be one of his pallbearers. It was an honor. This world is fast running out of people like that.

Paul
 
I made a deal with an old gent to buy 70 acres (for $50,000- in 1976- those were the days!). When I asked how much earnest money he wanted, he said "Well, my word is good, and if yours is too, we'll just shake hands on it." Fine with me.

A couple days later he drives up my driveway in his old pickup, gets out, his face was longer than the odds on the trifecta at Churchill Downs. I figured the deal had blown up. Instead, he said when he went to the title company to have them draw up the papers, they refused to do so unless there was earnest money. He said, "Now, I said no earnest money, and I meant it. Just say the word, and I'll go back and put up the earnest money myself." I told him I sure wouldn't mind paying it, since it all applied to the down payment anyhow, and gave him $500. He sure was relieved.

He was keeping 80 acres next door, and said, "My two old dogs are used to going on that property, and I don't want to tie them up. But if they ever give your cattle any trouble, just shoot 'em. I promise there won't be any hard feelings." Needless to say, those two old cow dogs made friends with my cattle, and ended up running off coyotes more than once.
 
I used to think a person's word was worth something, then I trusted a little old neigbor lady,,,,,,,,,,,,,,,,
 
I agree. However, not all people are from that same mold. We'll see if I get a phone call or not. I've always been of the opinion that the more emphatic you are about getting something done, the greater the likelihood that nothing happens.
 
Made a deal on a JD 720 diesel just down the road from me the same way, gave the guy a down payment, went to the bank, got the money, went to his place the next day with a handful of cash and he told me he had decided that the deal we made was not enough money, he wanted more, I'm sure he could see the veins in my head bulging cuz I wanted to smack him. But I just told him that we would never do any type of business with each other nor would my friends or family. He tried to backpedal a little but I just left it at that. Still will not speak to him unless I am forced to. He is a shyster in my book.
 
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