Sooo, a private sale, I put down a deposit on a bike yesterday, with a promise to deliver the rest by monday. It wasn't a measly $50 type deposit, but one that showed I was committed, about 40% of the sale. I receive a call this afternoon saying I'm very sorry ladida but guy just came, cash in hand and sold it to him, I'll give you your money back. So I'm a bit annoyed, while I did not hold the title until full payment, I considered the deposit a guarantee of sale to come. If it was a $50-100 deposit, sure, it wouldn't be worth anything. Anyone been in a similar situation from either side? Would they consider a bike unsold while they still hold the title? Is a decent deposit a guarantee of sale? Would you expect the seller to uphold that or would you if you're the seller?