Lay away purchase


Got an interesting question from a member (on another well known auction site) that I've never seen before. This person has 100% good feedback there and more buying than selling.

"...if i could make payments to you on this, there's just no way I could aford this all at once. if for any reason I had to back out , I would forfit all money paid to date and you keep the machine, I've never let any one down yet and I buy this way a lot. I could pay as much as 250.00 a month"

It would take 7-8 months to be paid up. I don't mind the wait but not sure how to go about it and if there could be any repercussions to me.
markpao
Sounds good to me. You still posess the goods, and he is giving you money. He has a much better chance of being screwed on this deal than you do. Plus, you are helping out a fellow 'phile.
Update;
Well I just closed an "unpaid item case" on the buyer. Promises to forward the first installment never happened.
Nothing wrong , seems the buyer is sincere but just can't afford the item all at once. Maybe he has family and other priorities first and audio after.I am happy you accepted and give the guy a help . You will feel good about it,there is nothing really to loose or worry about it.
I've done it too in the past (bought that way ),in my case though it took about a month and half.
Cheers
George