Quote:
Originally Posted by brianvb
People misunderstand contracts. The deposit makes the contract. You made a contract. By auction. You actually owe ALL THE MONEY. I'm not trying to be rude but the deposit was never refundable. It sealed the deal. Try backing out at an RM Auction, good luck !
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RM won’t ever advertise a car with no rust when it clearly has rust. They wouldn’t be in business if that were the case. Comparing this seller to one of the most well known collector car auction houses in the world is a bit of a stretch. Providing a deposit under false pretenses does NOT simply fulfill a contract that he needs to commit the balance of the funds to. That is wrong. You are wrong. He committed those funds under false pretenses, which false advertising, that is fraud. Fraud is a crime. But according to you, brianvb, the seller can say whatever the hell he wants in his listing to induce someone to commit to it, and then once they do, regardless of the fraud they just committed to do so, they are still entitled to being paid in full. Only in a lawless society would that hold true.