I think im screwed?
Shooting 63's
Joined: Oct 2005
Posts: 7,358
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From: VB Golf Courses
Re: I think im screwed?
Since you still are in possession of the title to the Civic, I am quite certain that he will pay you the remaining $400. Don't call in the car stolen, because it is not stolen. That's a stupid thing to do.
Keep in mind, at this point, the guy DID let you know that he wasn't going to be able to pay you in the time you agreed upon. He's not avoiding you......
Yes, you should have put it in writing in the first place, but that is in the past now. Learn from it, and don't make the same mistake in future transactions.
Contact the guy, and see if he will agree to sign a contract now. Call him, email is a crappy way to do business. If he agrees to it, your best bet is to drive down to HIS residence, and take him to the DMV with you, and put a lien on the title. It may be an inconvenience to you, but that's the price you're probably going to have to pay to get a peace of mind in this transaction.. The contract (lien) that you write up must be signed by both you and him to include a description of the vehicle (year, make and VIN), the amount of the lien which is $400, the method of payment, the date of the creation of the lien and a statement indicating that YOU can repossess the vehicle in the case of non-payment. The repossession clause needs to state the terms of the repossession and HE needs to acknowledge the clause by signing within the clause. Once he signs this, I'm sure you'll get your $400 within the stated time period.
Keep in mind, at this point, the guy DID let you know that he wasn't going to be able to pay you in the time you agreed upon. He's not avoiding you......
Yes, you should have put it in writing in the first place, but that is in the past now. Learn from it, and don't make the same mistake in future transactions.
Contact the guy, and see if he will agree to sign a contract now. Call him, email is a crappy way to do business. If he agrees to it, your best bet is to drive down to HIS residence, and take him to the DMV with you, and put a lien on the title. It may be an inconvenience to you, but that's the price you're probably going to have to pay to get a peace of mind in this transaction.. The contract (lien) that you write up must be signed by both you and him to include a description of the vehicle (year, make and VIN), the amount of the lien which is $400, the method of payment, the date of the creation of the lien and a statement indicating that YOU can repossess the vehicle in the case of non-payment. The repossession clause needs to state the terms of the repossession and HE needs to acknowledge the clause by signing within the clause. Once he signs this, I'm sure you'll get your $400 within the stated time period.
/thread.
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Joined: Jan 2007
Posts: 2,682
Likes: 0
Re: I think im screwed?
if he doesnt pay up you should send him a nast Blog on his myspace.
He atleast called you and said hey ill have it next month. I say be the better person. Or atleast meet him and have him sign an agreement to pay you 400 in return you give the title.
He atleast called you and said hey ill have it next month. I say be the better person. Or atleast meet him and have him sign an agreement to pay you 400 in return you give the title.
baller/dickbutt#69
Joined: Nov 2002
Posts: 16,059
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From: hampton
Re: I think im screwed?
jesus crist...the cars in your name..take title to honda dealer..they will cut you a key with the vin number...drive to va beach...bring a freind and a tag...put on car and drive back...he cant report it stolen cause it dont belong to him...bring it home and sell it to TOYTECH1 for whatever and be happy..
Thread Starter
Turtle Salad
Joined: Oct 2006
Posts: 7,899
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Re: I think im screwed?
thats what im doing but im sure he has already chop shopped it....if anyone sees it around its burnt orange hatchback with a mugen stripe on steelies...let me know cause i dont know where the dude lives.....
Thread Starter
Turtle Salad
Joined: Oct 2006
Posts: 7,899
Likes: 0
Re: I think im screwed?
great is first and last name didnt bring up anything but there are 176ppl in va with his last name....guess i need to start calling starting with the ones near the beach