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Old 01-15-2020, 09:19 PM   #1 (permalink)
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I have a guy that owes me 4k for a tractor I sold him back in October. He was supposed to pay me in 2 payments in Nov & Dec but didn't. As of a couple weeks ago he says when he gets his tax return. Then today he ask if he can pay me with this Buick, 2008 Lacrosse super with an ls 5.3 with 62k miles. He says he is going to sell it to pay me if I don't want it. What say you. I'm leaning in the no just pay me direction.
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Old 01-15-2020, 09:20 PM   #2 (permalink)
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I have a guy that owes me 4k for a tractor I sold him back in October. He was supposed to pay me in 2 payments in Nov & Dec but didn't. As of a couple weeks ago he says when he gets his tax return. Then today he ask if he can pay me with this Buick, 2008 Lacrosse super with an ls 5.3 with 62k miles. He says he is going to sell it to pay me if I don't want it.
Do you need a 2008 Buick?
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Old 01-15-2020, 09:23 PM   #3 (permalink)
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Do you need a 2008 Buick?
NO
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Old 01-15-2020, 09:28 PM   #4 (permalink)
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How much is it worth, and how easily can you flip it? Is it worth your time to flip it?
Oh, and are you 70+ if you keep it?
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Old 01-15-2020, 09:29 PM   #5 (permalink)
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Anything two tone is bad news. That's how they church it up to sell to a dumbass
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Old 01-15-2020, 09:32 PM   #6 (permalink)
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Old 01-15-2020, 09:38 PM   #7 (permalink)
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Did you sign the tractor over to him?
Did you get your agreement in writing?
Did anyone else hear the agreement you made with this person?
If your answers are yes, no, no, then any legal recourse will be hard, but not impossible. Small claims court might be the way. Good luck.
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Old 01-15-2020, 09:41 PM   #8 (permalink)
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There's potentially some upside to be made on the car but the target clientele interested in buying that gem is likely gonna be equally strapped for cash as your buyer; its current owner.

so I'd probably skip that additional hassle and tell them to deal with converting it to cash... Or just take your tractor back...
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Old 01-15-2020, 09:46 PM   #9 (permalink)
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Did you sign the tractor over to him?
Did you get your agreement in writing?
Did anyone else hear the agreement you made with this person?
If your answers are yes, no, no, then any legal recourse will be hard, but not impossible. Small claims court might be the way. Good luck.
No(there is no title to sign over), no, yes. We are not tight but he is a buddy and we run in the same circle of friends so this does not need to get ugly. He has helped me in the past so I don't mind helping him but I am getting frustrated. I can always go get it but would rather have the money and I don't want the car but fear I may be waiting another few months if I don't.
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Old 01-15-2020, 09:51 PM   #10 (permalink)
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Throw some dubs on it & sell it for $$ in Compton.
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Old 01-15-2020, 10:07 PM   #11 (permalink)
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tell him youll think about it for a few days.
Throw an ad on craigslist and facebook for 5k and see if you get any hits.
Kbb says 5-7k for good condition. There are none on craigslist in sandy eggo. might be desirable with the LS?
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Old 01-15-2020, 11:19 PM   #12 (permalink)
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Both ends of the deal are Mexican.
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Old 01-16-2020, 02:24 AM   #13 (permalink)
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Is he the legitimate owner of the car? Might want to make sure the papers all line up before you commit to something like that.
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Old 01-16-2020, 03:48 AM   #14 (permalink)
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I'd take the tractor back, he can get it when he has cash.

More curious why you gave it to him without full payment. You can't do that with anything.
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Old 01-16-2020, 04:11 AM   #15 (permalink)
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Don't let people make payments on shit they can't afford. You're not a bank.

And no way in hell I'd take that Buick for $4k. Doubt he'll even get $4k for it.
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Old 01-16-2020, 04:19 AM   #16 (permalink)
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If you have to ask, you already know the answer. It’s no, by the way. No is also the answer when someone wants to make payments on something you’re selling. No, don’t do this.
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Old 01-16-2020, 04:52 AM   #17 (permalink)
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I would take the buick in a heatbeat. It would sell for over $6000 around here. Or i would let my wife drive it around. 62k miles and under $10k is unheard of here in the land of hour-each-way commuters
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Old 01-16-2020, 04:56 AM   #18 (permalink)
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If you think you can get 4k or close to it daily easily I'd take the car. A bird in the hand and all that. Chalk it up ad your life lesson on not doing buisness with friends.

Is the car fwd?

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Old 01-16-2020, 04:57 AM   #19 (permalink)
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Take the tractor back. I wouldn’t want to deal with the group that would be interested in buying that car.
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Old 01-16-2020, 05:12 AM   #20 (permalink)
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He's not going to pay you. If you go to small claims court you will get a judgement against him.....which still doesn't make him pay. It has no teeth.

You have two options. Take the tractor back which is what I would do. You should have held the title while payment was due. Or, take the car. I wouldn't want the car.
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Old 01-16-2020, 05:27 AM   #21 (permalink)
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You've already fucked up, you've already given a deadbeat credit, and he's already skipping payments.

Everybody saying "wait for cash" is missing the point

The car might be worth 3 or 5, but you can get it today. It's a settlement, not an ideal arrangement.

Who's to say he won't sell the car and have another sad story?

Is taking the tractor back not an option? If you don't want to openly be a dick, then tell him you've got some projects you do with it. Once he's got the cash, your project is done
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Old 01-16-2020, 05:35 AM   #22 (permalink)
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If it were me I would let him sell the car go with him to make the deal and get the money immediately or just take the car and sell it myself.
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Old 01-16-2020, 05:35 AM   #23 (permalink)
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Verify cars value, salvage title? Two tone is often an indicator of damage, hail or soft roll, tree fall, sometimes it's just sun baked on top, sometimes they get stolen and run thru desert, bumpers trashed, they repaint the bottom half

That being an ls V8 car I imagine it will get some interest from the hot rod crowd, and it's in the price range for a blue collar toy.
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Old 01-16-2020, 05:39 AM   #24 (permalink)
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I don't see a sunroof on that car, so the obvious answer is to pee in his wife's butt.
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Old 01-16-2020, 05:39 AM   #25 (permalink)
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Quote:
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Anything two tone is bad news. That's how they church it up to sell to a dumbass
Especially cheap two tone that follows the easiest seam line. Hood/fender.
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