Sold Xbox to a friend
 

I sold my xbox to a friend in hope of recaping money back in order to use it for the new Xbox 360. He wrote a IOU of 200 bucks to be paid within couple of weeks and that was over 2 months ago. I've been bugging him to return the xbox since he hasn't paid for the IOU and the big release day is coming up and he refuses to give it back, much less, refuses to pay for it.

What's my options?

Not sure if this is the right forum...

Steal it back.

Actually, I hope he got some peripherals and stuff with it, because you can buy a new one for 150 now, and a refurbished one for around 100. You may want to lower what he owes you if all he got was the system, it would be more fair overall and would probably make it more likely that he'd pay you back.

And what kind of a friend doesn't pay what he owes, anyways? :confused:

Punch him in the face. Hopefully you learned your lesson never to give the seller anything without getting paid first.

I'm not trying to call you out, but it sounds like you're giving up too easily. If he owes you $200 and you have a signed IOU, there's no reason to take "NO" for an answer. You just keep telling him to give it to you, over and over again, in person if need be. He'll cave out of sheer frustration if he's any sort of friend, and otherwise there's always small claims court.

He says "Oh man I'll give it to you next week.." you say "fuck no.." etc..

Lesson learned, get the cash up front.

Dealing with friends and money is always a chintzy proposition.

Physical violence is the way to go.......nipple pinch him til he gives in and pays you, oh keep nipple pinching him til he says he is sorry and you are the ruler of all who walks this earth! Honestly? You have a choice, get and keep the money or keep the friendship. As FngKestel said, lesson learned, dont lend money to friends or family.

I already tried that approach for the past month and it seems that the endless excuses are rather getting tiresome.

What I'm gonna try is talk to him tomorrow and see if I can "borrow" the xbox. If that works, it'll be the last time he ever sees it b/c I'm gonna trade it in at EB's World to get the new Xbox.

Yes, get it back. That's your best bet. An IOU he won't honor is worthless.

Always get the money up front unless it's a _real_ friend: somebody who's go 'way out of their way to help you out of a jam. Somebody like that would be very unlikely to stiff you. But how many friends do you have who've proved themselves in that way?

I know maybe four people in the world I'd take an IOU from (who aren't relatives). Two I would trust with my life; the others aren't so close to me, but they're so anally straight and honest in everything they do that they'd probably commit hara-kiri if they let somebody down in a financial transaction.

But for anybody less, cash up front. If they say, "But I'll have it in a month," answer "Well, then I'll see you in a month."

If its the kind of friend that you feel you need to get an IOU from, it's prolly not gonna work out.



this should help remedy the situation.


http://www.senatorsbaseball.com/phot...eplicaBats.jpg


/loves bludgeoning weapons.

u should jus go to his place take something of importance and do a trade off. It might hamper the friendship but hey hes the one who started it.

friends is friends and business is business. I try hard to not mix the two. If my friend has a business, restaurant, shop etc. I patronize it and don't ask for any discount.

When selling my stuff (which I rarely rarely do, I'd rather just give it away) I treat it the same way.

But that's me.

Friend and business is hard to mix, I have recently some new transaction that involves friends, but in general I try to avoid it. Hopefully friends can work it out and no problems, but good friends are few and far between. But one thing I can say, until something happens it is hard to know who your 'true' friends are.

To me, I would just bug him, and if not, you can always take him to court, and let all your friends know how he is a liar. This is not as in to tattle, but more as a warning from a friend. I would then cut all ties to him, and that is that.

I admit I am harsh but I have high standards for someone I call a friend, and lying / stealing from me, violates those.

Let Judge Judy settle it...start stealing it back piece by piece, take the controllers, some of the games, etc... if that doesn't work, bug the crap out of him..

I have a friend that I wouldn't give a dime, cause I know I wouldn't get it back, nor would I get one if I needed it...other than that he's a nice guy...

If I give money to any friend for any reason, I expect never to see the money again. Sometimes I get it back, and sometimes I don't. Either way, the money isn't the focus. My life is too short to worry about goddamn money. Maybe I'm a chump, but I'm not stressing about it, either.

Does not sound like much of a friend to me. I would personally show up at his house all hours of the day and demand it back. That sucks, it looks like you tried to be a good guy but this fool is just trying to play you. Does he have roommates how could let you in to the house? If you have the receipts, call the police and tell them. Ask to see if they can meet you at his house, even if they technically can't do anything ( i think?) that might scare him into just handing it back over. good luck!


That bat posted above would might also help settle the issue.

Borrow something of his that is of value.

That's what I did when someone had one of my DVDs for a year. I borrowed his poker chip set til he gave me back the DVD.

Well, I went over to his house and his parent let me in while he was at work all day and I took the Xbox, suffice to say, I got a cell phone call from him saying "What the fuck dude?!!?!"

Apparently, he believes that he already paid for it, except the deal is now 150 bucks, not 200 (Yes, it did come with other items including few games and additional controller) and he now believe that I "stole" the xbox since he already paid for it.

Kept calling me to the point where I tried to explain my side of the story and everytime he yelled "bullshit" and I just hang up on him and won't take his call.

Glad to hear you got the xbox back, feelgood - dealing with a friend's bullshit like that isn't worth it, and can end up ruining friendships.

Any time I have something of value I'm looking to get rid of, I turn to people I don't know - and demand cash up front. Selling stuff to friends is never a good experience.

well, seems that you know the true colors of this "friend"

I hope that you decide to move on.

But why did he think he already paid for it? That's just weird. Is it possible it's an "honest" mistake or misunderstanding? I mean, how could you not know if you paid for it or not?

Still, glad you got it back man.

Wouldn't be his first time claiming that he paid for something, he once got couple sub amp for free from a "friend" and couple weeks later, they got stolen right out of his car and was pretty pissed about it and I told him "Well, it wasn't yours in the first place was it?"

Thanks to all for the idea, even though, some of them were a bit extreme ;)

After that much patience, he'd have gotten "you have 2 days to deliver my money, or return the Xbox. Every day after that, I break something. On your body. With a bat."

A person who would do that to you is not a friend.

That's if I somehow were to "give" without "getting the money first".

I guess he also thinks that just because he's "signed" for something he's purchased on a credit card he's no longer obligated to actually pay the debt via check.

Yes, this person is the very reason that debit cards were created, because they don't seem to pay their debts or seem to think that an open marker is good enough as "paid."

I have a few friends here who's last names end in vowels who'd be happy to make this person's acquaintence, because after the "item" was returned, the payment marker is still due and the juice for credit is still running.

Glad you got your Xbox back, too bad the cost was a friend. But from the sound of things, he didn't sound like a very good friend.

Woohooo I'm not the only nipple pincher on the block..