| Vancouver Auto Chat 2016 VAC Community Head Moderator: Raid3n |
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05-28-2011, 01:56 PM
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#1
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RS has made me the bitter person i am today!
Join Date: Apr 2001
Location: Vancouver
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Sale of vehicle cancellation
If someone made an offer for your car and you accepted with an email
Response, can you still cancel?
Problem is the potential buyer has already prepared a bank draft so
Can he get That canceled ? ( Rbc bank draft )
I want to sell my car but the new car replacement has fell through.
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05-28-2011, 02:06 PM
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#2
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Rs has made me the woman i am today!
Join Date: Mar 2010
Location: PM
Posts: 4,476
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Yes you can cancelllll you don't really have a binding agreement/contract. I'm sure the buyer would understand.
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05-28-2011, 02:09 PM
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#3
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My homepage has been set to RS
Join Date: May 2006
Location: PoCo
Posts: 2,062
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Actually that technically is binding but you could probably just talk it out.
Posted via RS Mobile
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05-28-2011, 02:44 PM
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#4
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First to fail !SG evar! Now i have yellow fever...
Join Date: Jan 2010
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he can cancel the bank draft and you can cancel the sale if you choose.
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05-28-2011, 09:50 PM
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#5
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Say NO to blade grinders!
Join Date: Apr 2001
Location: Vancouver
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Since there was no paper work involved, you can probably just walk away.
But I would reimburse him for the fees on the draft and maybe a bit more for wasting his time.
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05-28-2011, 09:51 PM
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#6
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Even when im right, revscene.net is still right!
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Quote:
Originally Posted by HachiSix
Since there was no paper work involved, you can probably just walk away.
But I would reimburse him for the fees on the draft and maybe a bit more for wasting his time.
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THIS
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05-29-2011, 11:25 AM
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#7
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private modder
Join Date: Feb 2002
Location: North Shore
Posts: 7,249
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I was in a similar situation except I was the buyer. We had a verbal agreement in place. In the next 48 hours, I sold my car, talked to my bank, arranged financing, etc.
Then suddenly the seller explained he was changing his mind (for various reasons) and could no longer sell the car.
I was choked/furious but after a few days of discussion I was able to convince him to keep his word. Thank goodness.
I'm only posting this so you can see it from the buyer's perspective as well. Yes technically you can walk away but it could be douchey, depending on the buyer's situation.
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