I need QUICK and EASY??? Advice PLEASE

Whoever is first to put some money down has first dips, unless you have other mutual understanding. But usually money talks. There are so many tire kickers out there, so I wouldn't blame a seller for going with 1st person to put his $ down. You know you are serious, but the seller doesn't until he sees some $. Live and learn, next time put a refundable deposit down to hold car for PPI.
Jes

 

I don't know. I wouldn't be desperate. It may not seem like it, but there is always another car out there... Maybe this wasn't meant to be.

But, if you offered a deposit and he declined and wanted to wait for the PPI, then it seems a bit odd you don't get first dips... and he is selling to someone else...

Good luck,
Jes

 

He may have already accepted his offer contingent on the PPI going without a hitch.

My philosophy is to never want something too badly (whether women, cars or whatever). You'll pay too much for them otherwise. There will always be another opportunity.

 

He has some agreement with the guy that did the PPI. That guy may try to grind him and put you back in the running? At any rate I think if the other guy decides to buy you're SOL. If 3 weeks have passed since first contact you probably hesitated too long. On some P-car deals for example, they can be sold in a matter of minutes. Be ready to secure a car with a deposit in future based on a favorable PPI.

 

I would NEVER transfer funds unless I had the pink slip in hand with his signature & ran car through DMV to make sure no liens....Mark

 

The owner can sell to who he wants to. I've had deals on things get pulled out from under me too, and it sucks, but in the end he can do what he wants. It's his car.

That said, money talks. Up your offer if you really want the car.

 

What Ferrari are you trying to buy, details, mileage, history, and for how much ?
That would help in giving you good advice.

If we are speaking in general terms, usually up the ante always worked for me to get a car I really wanted!
Ask yourself, 'how much is my time and energy worth' to keep searching as opposed to realizing that 'this car fits all of my criteria' and its worth an extra few hundred to out bid the other guy if I can get it! Life is short, full of side tracks along the way, do it if the opportunity presents itself ! Don't be like this guy waiting for the perfect time that never came around!

just my $.02, lol!
Image Unavailable, Please Login

 

Respectfully, I think that depends. I bought my car off of an F-chatter and transferred the funds without concern. I knew the car, and I could tell from his posts and in speaking to him that he was (is) a great, stand-up guy. But...it is good to be cautious unless you're 100% confident of the seller ;-)

 

Have you talked on the phone to the seller?, I would begin there. For all the sellers knows you could be a 14 year old dicking around with him.

I wouldnt take anyone seriously if I did not have personal contactwith.

Email is junk mail to me. Also I would not buy a car sight unseen, for any reason (pictures dont count). I would want to investigate the seller a little, I have seen guys try and sell off their assets just prior to filing bankruptcy (generally know as bankruptcy fraud).

You can tell alot from where the car is located, how its stored, the condition of the garage, the guys home, or hell send a private detective over for a couple of hundred bucks, then can usually run the title too.

A plane ride, rental car and night in a hotel is a small investment. you know its pretty easy to fake up any thing these days.

I guess I am always skeptical, trust but verfy, caveat emptor.

 

The first one that pays for it wins. Cash is king!

 

Without a doubt... never, ever, buy an old car sight-unseen. That means eyeball the car AND the seller.

 

I have owned over 100 cars. Bought a lot of them over the phone or through the mail with just photos or descriptions. I cant recall ever being truly unhappy with any of them.

By the way PPI's are somewhat overrated. They are only someones opinion - period.

What you have to remember is its still a car. And things can be fixed on a car. These people that moan about things that were missed on a PPI they had performed need to figure out that they still got the car. And the car is the majority of the purchase. The other things can still be fixed. Just consider the PPI a general physical - and not gospel from the good book.

Anyhow... If someone else has started the buying process then you may be second in line. Simple as that.

 

Michael, you're much braver and, apparently, luckier than I.

A few years back I looked at too many online so-called "pristine" 328s that turned out to be real clunkers in the flesh. Maybe it's regional... (the Southeast for me).

 

A PPI is a good way to have the seller realize from a third party, that there are things that need fixing including what that will cost. It then becomes a good negotiating tactic especially if both of you are there. In most cases a PPI will turn the buyer off(too many problems especially if car is a deal) but that can be used to your advantage.

 

If you really want it and the other guy hasnt yet paid, tell him you will fly there tomorrow check in hand to claim the title and the car.

 

First "dips" WTF does that mean????

 

Timing is everything. Found THE next car for me. Emailed the owner on April 21 (3 weeks ago) and asked for more pics, info about car, etc etc. Have been emailing and doing PM's every few days.

You answered you own question, all the above means nothing.

The other guy set up a PPI if he liked it deal done .

I know it sucks but you never sent a deposit .

I'm sure you will find something else.

good luck,

Bill

 

First dips is what I would say to a girl at a water hole, i.e. Pool, lake, pond, lol.
Typo I would say, he meant first dibs!

There are a number of occasions where the first person to claim ownership or interest in something actually gets it. Such is the case with the term first dibs, or in some cases simply dibs. Calling first dibs or being offered first dibs by someone else generally leads to the same conclusion - one person has acquired the right of first refusal. A person with first dibs may choose the most desirable of several options, or even elect to pass on the situation altogether. What matters most with first dibs is the exclusive ability to accept or deny ownership rights without competition.

The origin of the phrase "first dibs" is somewhat murky. Some sources suggest that an ancient children's game similar to jacks used special counters called dibstones. These dibstones would be divided amongst players according to the rules of the game, with some receiving more dibstones than others. It is possible that schoolchildren may have informally shortened the name "dibstones" to a more manageable "dibs." The phrase "first dibs" appeared fully formed in American literature around the turn of the 20th century. British children were said to use the term "bags" interchangeably with "dibs" during the late 19th century.

Another theory on the origin of first dibs concerns a slang word for money. It is believed that the word dibs was used informally in the 1800s to describe a basic currency, such as a dollar or pound. Although this use of the word dibs is now considered archaic, it would not have been unusual for an 19th century citizen to hope for a million dibs in the bank. Perhaps the idea of first dibs arose from the first cut of a large financial inheritance or gift.

One of the most logical theories surrounding first dibs suggests a corruption of the word "division." It doesn't appear to be much of a leap from "div" to "dib," and the idea of first dibs does imply a possible division of the wealth. A similar sounding phrase, "divvying up the loot," also suggest thats "divvying" and "dibbying" are not that far apart in root meaning. Unfortunately, there are not many sources which support a connection between "division" and "first dibs."

 

All I can say is, first thanks for taking the time to write that....second are you bored???? I'm going to start using the term 'first dips" just to annoy people.

 

LOL, yes, sorry about the typo English being my 2nd language is my excuse Oh, and apologies if it annoyed you Glassman
Jes

 

Other owner? You mean other buyer?

Definitely not.

That's the owner's privilege. I personally wouldn't take any deposits before a PPI if I were selling my car, even non-refundable ones, unless they were very significant ($10k+) and non-refundable. That's because if a PPI turns up anything, there's going to be an argument about the final selling price.

3 weeks? You snooze, you lose.

 

TOTALLY DISAGREE about a PPI....they are NOT someone's opinion!!!....how is a leakdown test someone's opinion?....or engine oil analysis, or percentage of disc pads left, or last belt change?...car accident history, number of prior owners....ad infinitum....car's are a series of mechanical systems, parts....those are FACTS!!!..NOT opinions....I find it DIFFICULT to believe you have purchased that many cars without EVER being in the car's physical presence & "ever being truly unhappy with any of them".....Mark