Ebay classifieds sale with down payment?

Good evening,

A buyer wants to purchase my e-bike, which he plans to inspect tomorrow and pay a deposit (since he doesn't have a car with him). He wants to give me €400 as a deposit, and the remaining €1,000 on Saturday. He's leaving the bike with me. Now he also wants a purchase agreement stating that the bike has been transferred to him. Could this be fake?

Or he would have the right to return the bicycle.

(1 votes)
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AnglerAut
3 years ago

You write in the purchase agreement that the transfer takes place subject to full payment.

Then he has no rights against you until the wheel has been paid.

Bonye
3 years ago

Let you hand a pawn before he breaks up to the test drive.

Otherwise, it all sounds good and fair. With a purchase contract, you two will secure you. You can exclude withdrawal from a private sale.

Bonye
3 years ago
Reply to  UltimaFantas

He knows? 1400€ for a defective wheel???

Bonye
3 years ago

Well, then… write all the defects in the purchase contract you both sign. Then he can’t complain afterwards if he signed himself to be aware of it.

Of course, you will also note the paid deposit and the agreed transfer arrangements for its security.

archibaldesel
3 years ago

It’s not acceptable. The transfer of ownership only takes place after complete Pay instead.