So I have a car I got to fix up and flip, a cheapie 1996 infiniti G20. Put it on craigslist for $1500 and the calls came flooding in. The first people that saw it offered 1250 and I accepted (the wife has wanted this thing out of the driveway for awhile now). They gave me a 250 deposit to hold the car until monday morning. Monday morning comes and they're no shows (after making me late for work). I call them and they say they'll be by in the afternoon. I'm suspecting by the tone of their voice they don't have the rest of the money. I've turned down a TON of people calling about the car. If they don't come by tuesday, I'm ready to call it quits with them and move on. My question - what is legal to do with the deposit, and what is ethical? I don't really think $250 is fair for keeping the car off the market for 1 weekend. I'd probably offer to give them back $150 and keep $100. No paperwork was signed, no contracts written. They agreed to come purchase the rest of the car on a set day for a set price verbally, thats it. The people I agreed to sell it to are caribbean islanders - they do business differently than you'd expect. Everything with them is based on trust ( 'legal' means nothing to them) so its unlikely they'd ever sue me in small claims court. Of course, I don't mean to be a d**k and take money that doesn't belong to me, but knowing these type of people they'd expect it all back and would be the most loud and obnoxious people you'd ever seen if they didn't. I really hate selling/showing cars to them WWYD?