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Last Friday I bought a car with a cash deposit from a PP - Printable Version

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Re: Last Friday I bought a car with a cash deposit from a PP - Paul F. - 10-14-2013

ka jowct wrote:
What the heck is a PP?

Read that over a few times myself... I ASSUMED it meant "Private Party"...


Re: Last Friday I bought a car with a cash deposit from a PP - space-time - 10-14-2013

I thought PP was PayPal


Re: Last Friday I bought a car with a cash deposit from a PP - clay - 10-14-2013

PrePaid?
PayPhone?
PeanutParachute?


Re: Last Friday I bought a car with a cash deposit from a PP - hal - 10-14-2013

PP means paypal to me, but if you are submersed in used car shopping, private party would be likely.


Re: Last Friday I bought a car with a cash deposit from a PP - Acer - 10-15-2013

If a deposit is non-refundable even if you sell the car to someone else, what's to stop you from taking deposits all day and pocketing them until the cows come home?

Non-refundable deposits are for weddings and the like where the provider may have turned away a subsequent booking or have even started purchasing supplies for your event.


Re: Last Friday I bought a car with a cash deposit from a PP - fauch - 10-16-2013

Yes a nonrefundable deposit means that if YOU cancel the transaction you forfeit the deposit, NOT if the seller decides to renege on the deal (which is probably illegal and you might be able to sue for "damages")...