Deposits

redroisin

Hi, i had a foal born 6mths ago and someone I know put a deposit on her to hold her till she was weaned end of April. He has just told me he has changed his mind and is giving me a hard time about returning his deposit of €100. He's insisting deposits on horses are always returned, who is right?

Gorteen

Deposit is non-refundable in my opinion

TheFarrier

Change of mind is his problem in my view

charlieIRL

If they are friends, for the sake of it I'd give back the deposit, maybe they have lost their job due to the current situation we are all in.

If not, I'd tell them to sod off, if you put a deposit on anything else amd changed your mind you wouldn't get it back.

redroisin

charlieIRL wrote: »

If they are friends, for the sake of it I'd give back the deposit, maybe they have lost their job due to the current situation we are all in.

If not, I'd tell them to sod off, if you put a deposit on anything else amd changed your mind you wouldn't get it back.

He doesn't have money problems, young and lives at home, dragged his feet actually paying the deposit although I was begged to let them have her, he bought 2 others outright before I got the deposit. Now he's annoyed I won't return it and the other €100 he paid towards her.... Keeps wanting to know when I'll pay it, I said when I have it in a couple of weeks. He's actually better off financially than I am 😕

Hoboo

For the sake of a night in a pub I'd give it to him. But I'd make it known how deposits work and you have rejected other offers, you won't do business with him in future, and anyone who asks will be told.

If his reputation or your business relationship isn't worth €100 to him, I'd thank your lucky stars it's only cost €100 to find out.

Lady Haywire

redroisin wrote: »

Hi, i had a foal born 6mths ago and someone I know put a deposit on her to hold her till she was weaned end of April. He has just told me he has changed his mind and is giving me a hard time about returning his deposit of €100. He's insisting deposits on horses are always returned, who is right?

That's poppycóck. A deposit is the payment made in lieu of you holding the animal for them until they have the full amount. No matter whether it's a horse, car or television. If they change their mind, the deposit is forfeited. It's pretty much given to deter this kind of behavior!
I'd not give it back to him, hate that type of bollocking about with people.

convert

Would it be worth returning most of the deposit to him, just holding onto a small percentage, say €20, to show goodwill, but at the same time reminding him what a deposit is?