• Welcome to the Chronicle Forums.
    Please complete your profile. The forums and the rest of www.chronofhorse.com has single sign-in, so your log in information for one will automatically work for the other. Disclaimer: The opinions expressed here are the views of the individual and do not necessarily reflect the views and opinions of The Chronicle of the Horse.

Announcement

Collapse

Forum rules and no-advertising policy

As a participant on this forum, it is your responsibility to know and follow our rules. Please read this message in its entirety.

Board Rules

1. You’re responsible for what you say.
As outlined in Section 230 of the Communications Decency Act, The Chronicle of the Horse and its affiliates, as well Jelsoft Enterprises Ltd., the developers of vBulletin, are not legally responsible for statements made in the forums.

This is a public forum viewed by a wide spectrum of people, so please be mindful of what you say and who might be reading it—details of personal disputes are likely better handled privately. While posters are legally responsible for their statements, the moderators may in their discretion remove or edit posts that violate these rules. Users have the ability to modify or delete their own messages after posting, but administrators generally will not delete posts, threads or accounts upon request.

Outright inflammatory, vulgar, harassing, malicious or otherwise inappropriate statements and criminal charges unsubstantiated by a reputable news source or legal documentation will not be tolerated and will be dealt with at the discretion of the moderators.

2. Conversations in horse-related forums should be horse-related.
The forums are a wonderful source of information and support for members of the horse community. While it’s understandably tempting to share information or search for input on other topics upon which members might have a similar level of knowledge, members must maintain the focus on horses.

3. Keep conversations productive, on topic and civil.
Discussion and disagreement are inevitable and encouraged; personal insults, diatribes and sniping comments are unproductive and unacceptable. Whether a subject is light-hearted or serious, keep posts focused on the current topic and of general interest to other participants of that thread. Utilize the private message feature or personal email where appropriate to address side topics or personal issues not related to the topic at large.

4. No advertising in the discussion forums.
Posts in the discussion forums directly or indirectly advertising horses, jobs, items or services for sale or wanted will be removed at the discretion of the moderators. Use of the private messaging feature or email addresses obtained through users’ profiles for unsolicited advertising is not permitted.

Company representatives may participate in discussions and answer questions about their products or services, or suggest their products on recent threads if they fulfill the criteria of a query. False "testimonials" provided by company affiliates posing as general consumers are not appropriate, and self-promotion of sales, ad campaigns, etc. through the discussion forums is not allowed.

Paid advertising is available on our classifieds site and through the purchase of banner ads. The tightly monitored Giveaways forum permits free listings of genuinely free horses and items available or wanted (on a limited basis). Items offered for trade are not allowed.

Advertising Policy Specifics
When in doubt of whether something you want to post constitutes advertising, please contact a moderator privately in advance for further clarification. Refer to the following points for general guidelines:

Horses – Only general discussion about the buying, leasing, selling and pricing of horses is permitted. If the post contains, or links to, the type of specific information typically found in a sales or wanted ad, and it’s related to a horse for sale, regardless of who’s selling it, it doesn’t belong in the discussion forums.

Stallions – Board members may ask for suggestions on breeding stallion recommendations. Stallion owners may reply to such queries by suggesting their own stallions, only if their horse fits the specific criteria of the original poster. Excessive promotion of a stallion by its owner or related parties is not permitted and will be addressed at the discretion of the moderators.

Services – Members may use the forums to ask for general recommendations of trainers, barns, shippers, farriers, etc., and other members may answer those requests by suggesting themselves or their company, if their services fulfill the specific criteria of the original post. Members may not solicit other members for business if it is not in response to a direct, genuine query.

Products – While members may ask for general opinions and suggestions on equipment, trailers, trucks, etc., they may not list the specific attributes for which they are in the market, as such posts serve as wanted ads.

Event Announcements – Members may post one notification of an upcoming event that may be of interest to fellow members, if the original poster does not benefit financially from the event. Such threads may not be “bumped” excessively. Premium members may post their own notices in the Event Announcements forum.

Charities/Rescues – Announcements for charitable or fundraising events can only be made for 501(c)(3) tax-exempt organizations. Special exceptions may be made, at the moderators’ discretion and direction, for board-related events or fundraising activities in extraordinary circumstances.

Occasional posts regarding horses available for adoption through IRS-registered horse rescue or placement programs are permitted in the appropriate forums, but these threads may be limited at the discretion of the moderators. Individuals may not advertise or make announcements for horses in need of rescue, placement or adoption unless the horse is available through a recognized rescue or placement agency or government-run entity or the thread fits the criteria for and is located in the Giveaways forum.

5. Do not post copyrighted photographs unless you have purchased that photo and have permission to do so.

6. Respect other members.
As members are often passionate about their beliefs and intentions can easily be misinterpreted in this type of environment, try to explore or resolve the inevitable disagreements that arise in the course of threads calmly and rationally.

If you see a post that you feel violates the rules of the board, please click the “alert” button (exclamation point inside of a triangle) in the bottom left corner of the post, which will alert ONLY the moderators to the post in question. They will then take whatever action, or no action, as deemed appropriate for the situation at their discretion. Do not air grievances regarding other posters or the moderators in the discussion forums.

Please be advised that adding another user to your “Ignore” list via your User Control Panel can be a useful tactic, which blocks posts and private messages by members whose commentary you’d rather avoid reading.

7. We have the right to reproduce statements made in the forums.
The Chronicle of the Horse may copy, quote, link to or otherwise reproduce posts, or portions of posts, in print or online for advertising or editorial purposes, if attributed to their original authors, and by posting in this forum, you hereby grant to The Chronicle of the Horse a perpetual, non-exclusive license under copyright and other rights, to do so.

8. We reserve the right to enforce and amend the rules.
The moderators may delete, edit, move or close any post or thread at any time, or refrain from doing any of the foregoing, in their discretion, and may suspend or revoke a user’s membership privileges at any time to maintain adherence to the rules and the general spirit of the forum. These rules may be amended at any time to address the current needs of the board.

Please see our full Terms of Service and Privacy Policy for more information.

Thanks for being a part of the COTH forums!

(Revised 1/26/16)
See more
See less

***UPDATE***Selling my horse trailer...question about an e-mail i received...

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • ***UPDATE***Selling my horse trailer...question about an e-mail i received...

    I sold the trailer to the first person who came to look at it and no, it wasn't the person who wanted to make payments. Thanks to all of you for your suggestions. I would have not taken payments on it for the reasons that were mentioned here!


    so i'm selling my horse trailer. it's not a high ticket item but i have had several inquiries about it. i'm sure some were tire kickers as only one person so far is actually coming to look at it. i got an e-mail today from someone who left a local phone number along with their name. they want to know if i would take payments on the trailer (and i would keep it until it's paid off). I'm no legal expert, or any expert of any kind, so i'm not sure if this is something i should take into consideration? I don't want to get into any kind of situation that may come back to bite me down the road. The interested party suggested we write up a contract and that's all well and good but i think we all know that contracts usually aren't worth the paper they're written on and i do NOT want to get legal counsel on this as i simply cannot afford a lawyer!
    Last edited by muffintop; Mar. 28, 2013, 09:07 AM.

  • #2
    Well, if you write it up such that it is yours if they don't pay it off, there's not much risk to you. I wouldn't tie it up for more than a couple of months. How long do they want to make payments?

    Comment


    • #3
      Suggest they visit their local lending institution and get a loan and make payments to them and pay you in full. Then there are no issues.

      Comment


      • #4
        Ditto what trubandloki suggested. I personally wouldn't do it, too many things can go wrong. I doubt anyone is going to be making payments on something that they actually leave in your possession. I would be concerned they would be "borrowing" it when they needed it and leaving it dirty, used and tore up etc and when they are done with the show season stop making payments. I think if they were legit they would be going thru a means of financing it with a lender and paying you cash so they could leave with the trailer.
        "My treasures do not chink or gleam, they glitter in the sun and neigh at night."

        Comment


        • #5
          I think it depends on how many payments and how much? If they wanted to pay a deposit now and like the rest next month. Or maybe in smaller chunks for the next couple pay periods...I might go for it. I'd also keep a lock on the hitch just to be safes but if you're keeping the trailer and they are not using it at all until they pay it off and you've got a contract stating so...I might go for it. Particularly if the trailer has been on the market for a while and no one else has been much interested.

          If they want to take more than a couple months or they want to be able to use it before they've fully paid for it...I would just tell them to do the loan thing or save up over the next few months and if it's still available then they can pay for it in full. Or something.
          The Trials and Jubilations of a Twenty-Something Re-rider
          Happy owner of Kieran the mostly-white-very-large-not-pony.

          Comment


          • #6
            My dad has sold quite a few pieces of farm equipment over the years, and a problem he has run into a few times is people paying for stuff, but then taking forever and a day to actually REMOVE it. (Yeah, I don't get it either-- you paid for it, TAKE it!!) One guy paid for an old hay elevator, and it sat for TWO YEARS. Finally my dad had to send the guy a certified letter telling him he had X days to remove it or else he forfeited it. Guy never did come get it...

            So I guess my point is, what happens if this person is late on payments, or stops making payments? What then? I wouldn't do it without a VERY specific contract.

            Actually, I wouldn't do it, period-- they can borrow the money from someone else and buy it outright if they want it. You don't know them; why should you extend credit to them?
            *friend of bar.ka

            "Evidently, I am an unrepentant b*tch, possible trouble maker, and all around super villian"

            Comment


            • #7
              Nope, too much risk you'll lose the best selling season (spring, early summer) while they screw around trying to pay it off then default by fall leaving you trying to sell into bad weather and holidays.

              Thses days anybody with even halfway decent credit can get a cash advance on a CC or a small loan from their bank/cu. If the bank or CC wont advance them the money? Pretty good sign you shouldn't do it either by taking payments while taking it off the market. Probably not something they should even by considering if they can't come up with the money for a basic used horse trailer.
              Last edited by findeight; Mar. 26, 2013, 02:13 PM.
              When opportunity knocks it's wearing overalls and looks like work.

              The horse world. Two people. Three opinions.

              Comment


              • #8
                I bought a vintage car this way.
                Called up about the car, the price was more than I had I went down to the bank and opened a credit line, bought the car (In the bill of sale I had them put in a 48 hour no penalty buyback in case the car failed the mechanics check)

                More bad than good can come from taking payments. 'You Are Not A Bank'
                A pussycat of a horse with a chewed off tail won the triple crown, The Cubs won the world series and Trump won the Presidency.
                Don't tell me 'It can't be done.'

                Comment


                • #9
                  Let them get a bank loan. If there's a reason why they can't get a bank loan, then you probably don't want to extend credit to them either.
                  Flickr

                  Comment


                  • #10
                    Yeah, I must get 20 "convenience checks" from 3 different CCs every month and I have a little better then average credit but not that much better. Never use them BUT if I did, it would not be difficult to get a reasonable amount paid off within a year to avoid the higher interest rates they come with.

                    No need for any seller to carry interest free notes for some buyer when other options exsist for that buyer unless they are really deadbeats or in the hole financially, in which case they should not be buying a horse trailer
                    When opportunity knocks it's wearing overalls and looks like work.

                    The horse world. Two people. Three opinions.

                    Comment


                    • #11
                      Let them find a way to get the money if they really want it. There are several ways you can get a line of credit at the bank and it is easy as long as they are a customer in " good standing".

                      Comment


                      • #12
                        Let me suggest something, Ive been looking for a decent trailer for awhile that doesnt cost a lot just for moving horses short distences. I am trying to not get into borrowing money & if I was waiting on a tax refund & saw a good trailer for not much $ I would maybe ask someone to hold it with a deposit.
                        “Management is doing things right; leadership is doing the right things.” Peter Drucker

                        Comment


                        • #13
                          I would definitely say no. In this market, it shouldn't take you long to sell a serviceable trailer for cash.

                          Comment


                          • #14
                            You can always have them pay with a credit card (Square reader, Paypal). Then they can make payments however they like.
                            An auto-save saved my post.

                            I might be a cylon

                            Comment


                            • #15
                              I wouldn't do it without a rock solid contract and to get one of those may cost you an atty's review of it.


                              If this is a decent trailer that you are offering at a good price, I'd keep it on the market until you can find someone who can pay for it in full. If you are busy (which I'm sure you are) you don't need the headache of worrying about what this other person is going to do (or not).

                              Comment


                              • #16
                                Your trailer could disappear! Or be shipped overseas, they do it in Florida all the time. Contact a trailer dealer and see who they use to finance. You can provide them with that list. Trailers under 10k ( in good shape) sell pretty easily. Now don't ask me about selling lqs

                                Comment


                                • #17
                                  Originally posted by cnvh View Post
                                  My dad has sold quite a few pieces of farm equipment over the years, and a problem he has run into a few times is people paying for stuff, but then taking forever and a day to actually REMOVE it. (Yeah, I don't get it either-- you paid for it, TAKE it!!) One guy paid for an old hay elevator, and it sat for TWO YEARS. Finally my dad had to send the guy a certified letter telling him he had X days to remove it or else he forfeited it. Guy never did come get it...
                                  My DH actually did that once, and it took the guy re-listing it on CL for him to go fetch it. These were trusses from a 24" wide garage and he wanted them so bad but couldn't figure out how to get them on his trailer. He finally decided to cut them down the middle and just refasten the plates if necessary and took the gen set, the sawzall and a bunch of blades to get them

                                  I definitely had an opinion about that purchase!

                                  We have in the past bought and sold fishing stuff and our business through owner financing. It can be a real pain even if the buyers are known to you, I don't recommend it and don't' like the idea of keeping it on your property while they finish paying for it - too many possible things to go wrong - tree falls on trailer who pays whom what?
                                  Courageous Weenie Eventer Wannabe
                                  Incredible Invisible

                                  Comment


                                  • #18
                                    Originally posted by arabracer View Post
                                    Your trailer could disappear! Or be shipped overseas, they do it in Florida all the time. Contact a trailer dealer and see who they use to finance. You can provide them with that list. Trailers under 10k ( in good shape) sell pretty easily. Now don't ask me about selling lqs
                                    Before I would agree to sell on payments I would install a lock for the coupler that way they can't come get it one day when you're not home.
                                    Yogurt - If you're so cultured, how come I never see you at the opera? Steven Colbert

                                    Comment


                                    • #19
                                      I guess it would depend on how many payments they are interested in making. If it's drawn out I wouldn't do it, as it gives more time for things to turn sour.

                                      Comment


                                      • #20
                                        Originally posted by furlong47 View Post
                                        Let them get a bank loan. If there's a reason why they can't get a bank loan, then you probably don't want to extend credit to them either.
                                        Exactly. If no bank, friend or relative will loan them the money, you certainly don't want to do it!

                                        Comment

                                        Working...
                                        X