[CHP2RA]

Hello,

I've been looking to purchase a used Cobra 427 roadster, and found one I really liked late November. Emailed back and forth with the owner, then called and was politely told someone had given him a deposit to hold the car until that party could come and look at it. My question is, has anyone on this forum ever sent a deposit to a private owner under these circumstances? Was there a deposit contract that the owner signed, Or do you just depend on the kindness of strangers? Amount of deposit? Wording in the deposit contract?

Spent 30 minutes searching 'deposit' and 'deposit contract', with no results.

Any help or suggestion is appreciated.

CHP