[sugarwood]

I personally know a flipper who lays out $100 deposits to hold various cars he sees for sale. He may do this on multiple cars until he can clear his driveway of inventory and/or find a buyer for the car in question. This way, he takes a very small risk, and then does the deal when it's convenient to him. He's left suckers hanging for weeks on end with his stupid little "deposit". He concurrently also relists the car on Ebay by recycling the photos posted by the local seller. Once the car is sold, he then buys the car. He has actually drop shipped a car from seller #1 to the 2nd buyer directly from the sellers house. Once the seller FOUND the new for sale ad my flipper acquaintance had posted before even paying for the car. But the deposit already was done. He was fuming mad when the flipper showed up to complete the sale knowing he had grossly mispriced the car. Low grade values and ethics, but very clever. Like most snakes in the grass are. If someone told me to hold a car for $100, I would have no qualms laughing at them, and telling them to come back when they had the big boy money.