Purchase deposit.

[hallj1]

If I leave a deposit for an item through a dealer,how can I put a time limit on the transacion so that I'me not waiting forever for the item to arrive when I could be buying it somewhere else.Thanks.

[themas]

You need to make time of the essence of the contract. To do this is should be in writing to the dealer - and keep a copy. You also need to specify the date by which the contract is to be completed and confirm that the whole deposit is to be returned if the item is not provided by that date. If the dealer then does not complete by that date the contract is at an end and you can ask for your deposit back. However, you might find you had difficulty in getting the deposit returned - resorting to a Court claim to do so could be long drawn out and unsuccessful if the dealer disappeared.

[hallj1]

Thanks Themas,the dealer in question is not likely to dissappear overnight!However,with these potential pitfalls in sight,why risk anything---I'll find a dealer that has the said item on the showroom floor.