Prior to my Speedster purchase I was conflicted on how to use this group. At first blush, I felt it was an amazing resource to help me evaluate possible Speedsters of interest (after all the brain power and knowledge of this group is much greater than mine). But I will admit, there was a brief period prior to the purchase of my car that I wondered if I was assisting others in the market that may jump on these deals before I had a chance.
My Speedster purchase was shady at best. I did everything a buyer should not; but I wanted the car and didn't feel like watching what I felt was a good deal slip.
The seller of my car was very upfront with me. He told me why he was selling (purchase of a new home) and that he didn't have time to haggle. He listed the price of the car to sell, and sell quickly. To sweeten the deal, he laid it all out on the line. He told me exactly what he owed on the car, and asked me just to pay it off. That's all he wanted. It was Monday and the earliest I could see it was that Sunday. On Thursday, he notified me that a gentleman was coming Saturday to check out the car (with cash). Since he had spoken to me first about it, he felt compelled to offer that information. The earliest I could see the car was Friday at 8:30pm. Terrible time to review the car. In the night. But I did. That's when my wife said we need to buy it.
I made arrangements to be late to my father-in-law's 60th birthday party so that I could visit the car once more Saturday morning before the other gentleman showed (it's a good thing my wife saw it Friday night and fell in love or else this would have put me in the doghouse for sure). This time I had cash in hand. I did bring a mechanic with me (about the only smart thing I did). With the mechanic's approval, I purchased the car right there. In cash with no title. Ouch.
The seller since paid the car off, and drove the title to me. The fees were paid at the DMV and everything was cleared. A very risky move indeed. Had I not purchased a home in CA in the past 5 years, and not know what the seller was going through, I probably would have walked. It just seemed too fishy. What if the seller had gambling debts? What guarantee did I have that he'd take my cash and pay the car off?
anyway, it worked out. And for what's it's worth this forum helped my purchase. I'd still recommend it as a resource to newbies.
@550 Phil after being the back-up offer on 11 houses in a competitive housing market, I can seriously say everything happens for a reason. It stings for a bit. But the way I see it, you have an amazing Conv D, and Bonzai had no speedster or conv d. Now we added another member to our madness, and another buddy to have when in Hawai'i (which is always good to have!).
-Kevin