# Do I have to give a deposit back?

**URL:** <https://forums.speedlife.net/t/do-i-have-to-give-a-deposit-back/41348>\
**Category:** NYSpeed Off Topic\
**Created:** [January 6, 2008, 12:35pm UTC](https://forums.speedlife.net/t/do-i-have-to-give-a-deposit-back/41348 "2008-01-06T12:35:07Z")\
**Posts on this page:** 1\
**Showing post:** 21

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**Author:** ![TurboTSi](https://avatars.discourse-cdn.com/v4/letter/t/22d042/32.png) [@TurboTSi](https://forums.speedlife.net/u/TurboTSi)\
**Post date:** [January 6, 2008, 6:31pm UTC](https://forums.speedlife.net/t/do-i-have-to-give-a-deposit-back/41348/21 "2008-01-06T18:31:01Z")

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> [@eclipsed](#):
>
> the very nature of a deposit is that it is intended to be a good faith gesture on the part of the buyer to show his intent to purchase the car. inherent in putting up a deposit, from the buyer’s perspective, is the risk of losing the deposit should the buyer choose to back out of the transaction.

You’ve always had a way with words Sammy 😉

I told him, that I’m not trying to be an asshole, but having me hold on to the car for so long while I could have been actively trying to sell it makes him lose the deposit, end of story. I told him that I’d still sell it to him, but he’s not getting anything back from me.

I’m waiting for him to come up with his excuse.

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