GolfGTIforum.co.uk
General => General discussion => Topic started by: maxp on 20 June 2011, 20:32
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Hi all!
Have just bought a mk5 gti, that hasnt got an MOT and has been sat in the garage for 3 years.
It was agreed that I would pay the deposit (£300), he would then get it mot'd out of his own pocket, and when that was complete I would pay him the rest.
A paper contract can be drawn up to say the above at least, but should I 'hold' anything else for my £300?
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How do you mean by holding?
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Sounds fair enough to me, he has more to lose than you if he doesn't come through with the goods.
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How do you mean by holding?
Like a V5 or a spare set of keys or something?
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No way would i give any more security to someone who had paid a deposit, he obviously wants to make sure he is not selling to a timewaster, I would only become concerned if he starts to drag his feet about getting an MOT sorted.
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How do you mean by holding?
Like a V5 or a spare set of keys or something?
No, it's usual practise to just leave a deposit, you'll hold a reciept but that's about it.
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Just a handshake...
Thom
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Just a handshake...
Thom
and a bit of common sense.. you obviously went to the sellers house etc and asked to use the loo if you were just talking about the car outside...
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If your that concerned why not just ask if he will knok the price of the mot off and you drive it away and get it mot'd yourself.
Personally I wouldn't be botherd though, you know were he lives/were the garage is.
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Probably not the cost of the MOT it's the cost of fixing anything that needs to get it through.
Sounds fair, I like the point about dragging, so maybe put a clause that if you haven't got it in two weeks, you get your deposit back.
If your that concerned why not just ask if he will knok the price of the mot off and you drive it away and get it mot'd yourself.
Personally I wouldn't be botherd though, you know were he lives/were the garage is.
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Either the seller should reduce the price for not having an MOT, or the seller should MOT the car and then put it up for sale.
I would not pay a deposit before this is sorted one way or the other.
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Give hime £300 of your money? For what?
Pay sod all and make him MOT then pay for the car.
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A lot of business deals start out with money for Materials....
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+1 to the above, he could drive it down the road and have it MOT'd in 1 hour, then if anything needs doing, either get it done and reduce the price or if it doesnt, just settle on a price there and then! its as though hes making out it wont pass! its a Mk5 not a mk1!
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£300 is too much deposit. £100 tops or like Thom said. A handshake should be how deals are done but there are a lot of prats around these days.
Get your own MOT. Book it in your local place. insure it and drive it to that MOT station.
It pays to know what an MOT tester looks for when buying a car!
Im guessing you think it wont pass an MOT?
Basicaly you are paying for the MOT anyway with that deposite...
When buying a car its better to get in, buy it and then out the way as quickly as possible.
On a mk5 thats parked up...Possibly just a seized brake caliper and an oil change