I made an offer on a bike a couple days ago. The seller accepted my offer and I offered to put a deposit down to show I'm serious. He procrastinated and sold the bike this morning for a few extra dollars. He is now claiming he only accepted in principal and that I low balled him, yet he accepted via text message. Is there any recourse considering it's a private sale and no money exchanged hands? Story as below: Who here knows Duncan Gordon of Equity Partners Adelaide or AEP Racing, tipping some of you SA guys would know him? What a piece of shit he is! I made an offer Friday night just gone to purchase a bike from him. He replied via text Saturday that he would accept my offer and asked for an email so he could send through details. I heard nothing from him even after sending him a reminder. This morning I get a message from the coward that he sold the bike for a better offer, $2,000 more. We're talking a $22,000 bike not a $5,000 so big picture, not a whole lot more. I called him and asked WTF was going on, he said we only had a deal in principal and I hadn't made a holding deposit. That's about when I lost my shit. He then has the audacity to call me back and offers me $1,000 to smooth it over, I told him to shove it. Duncan claimed he sold the bike on Sunday. From a little investigating, he was at the Ducati dealer in Adelaide where it was being stored this morning. Apparently he was there showing the bike to someone this morning and it's now gone. Even though he told it me had taken a deposit and it was still located at the shop.