Just took a deposit on my GZ... have a few questions

[roncg41677]

Well, someone looked at my GZ last night and put a deposit down. They are supposed to give me the rest of the money this week. We settled on $1600. From looking around I think that is a fair price for an 01 with 5,000 miles, windshield and sissy bar.

I was wondering if, now that the deposit is down, should I just park the bike and not ride it, or is it fine to just keep riding it until he gives me the rest of the money? We have a 100 mile ride scheduled for Saturday, and if he hasn't paid by then I don't want to miss it.

Also, what is normal practice as far as returning deposits in case it falls through? My understanding has always been if you back out, you lose your deposit, but I didn't tell the buyer that.

Well, I'm very excited. I've had my eye on a number of bikes. I'll update everyone when I can .