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Old 06-26-2011, 12:55 PM
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Default How long to hold car after deposit?

I sold my 67 camaro, or should I say received a deposit for the car, the first week of May. The car has still not been picked up as of today nor have I received any more money. We had a verbal agreement that I would keep it garaged until it was picked up. I figured it would be about 4 weeks. It has now been almost two months and have been told for the last 3 weeks that more money would be or has been wired and nothing shows up. At what point does a buyer forefit the deposit? I had 3 buyers and sold to the first to give me a commitment and I received the deposit promptly but not much follow up since then. The deposit was 2500. What are my options now? Thanks.
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