Tool box trade in issue

[kevinr92]

Hi,

So I know there are some tool dealers on here, I have a question... I bought a tool box off of my old roommate, but he has become delinquent on the account which the tool box is listed under. (From snap on credit) He had many tools he had purchased on there, but they had been stolen a few months ago, so he decided it's no longer worth paying the account off. While owing like $5000 he sold me his tool box. He now gets delinquent notices in the mail, for the past few months indicating his last payment being in march. So figuring that, snap on should be coming to repossess whatever he has left soon, right?

But since I purchased the box from him, I would like to trade it in for a masters series. I am worried that if I trade this box in, they will track the serial number back to me, and somehow try to screw with me even though he had been the delinquent. Since I took "his" box and traded it in... I know this is a long messed up situation, but any advice, etc would be much appreciated.

 

[rollscanhardly]

you know what?

something doesn't add up now does it.

this was your first post

http://garagejournal.com/forum/showthread.php?p=2997001#post2997001

what's the game?

 

[joedodge]

They'll track it man. If its still owed on I wouldn't try trading it in that's a bad spot to be in

 

[sberry]

You bought a box from someone who sold it with a lien on it.

 

[toddacimer]

I would try to convince him to pay his bills or buy the box back from you. I think you're right about Snapon not wanting to take it in on trade but if they know you have it they may be able to repo it.

 

[Mike.ASC]

If your friend still owes money on the tool box then he doesn't actually own it to sell it to you . Just like any material item - you can't sell something you don't own . Since you seem to know the fact that he hasn't paid it off then you shouldn't expect any sympathy if and when snap on comes & takes it away from you or your made to pay for it . Why would you get involved with a shady deal like this in the first place ?

 

[930dreamer]

I'd say your box is going to be repoed.

 

[firebox40dash5]

Repo time depends on the driver, and on Snappy. I know a guy who just had a box repop'd by Matco, and he hadn't paid for it since August. YMMV.

It may, depending on lots of things, be theoretically possible they could come after you for "their" toolbox. If your state allows it and Snap On dotted their i's and crossed their t's (filed the paperwork properly) then it's possible he really didn't own it to sell to you. Obviously he didn't legitimately own it anyway, and you might have gotten yourself into a bit of a mess on top of being shady.

I don't know if they'd care, but I imagine the answer is yes. If they have the legal backing to repo it, I wouldn't be surprised if they took it from you, proof that you "bought" it from him be damned, and I can't say I'd blame them.

 

[cide1]

Yes, it will likely be repoed. Get your money back or small claims court.

 

[cvcman]

something is weird here...again read his other post....so ok time to man up and tell us the TRUTH

 

[blackz26]

Subscribed! I wanna know how this turns out!

 

[jeffmoss26]

This can't end well. Interested to hear what the OP has to say!

 

[kursplat]

if you didn't think this would be a problem you should by his car that still has $10,000 owed on it

 

[CNGsaves]

I'm guessing that OP is 21 years old (born in 1992) and can't pay Snappy debt and is curious how vigorous the collection folks at Snappy will be if HE sells off his own box and doesn't have it around to re-po??

Don't do it OP . . . ie sell your own, or "buy your buddies" that has lien. Both are Transfer of Illegal Property . . . not worth it!!

Give the stuff back to Snappy and take your lumps!

 

[Steinmetz]

Hi,

So I know there are some tool dealers on here, I have a question... I bought a tool box off of my old roommate, but he has become delinquent on the account which the tool box is listed under. (From snap on credit) He had many tools he had purchased on there, but they had been stolen a few months ago, so he decided it's no longer worth paying the account off. While owing like $5000 he sold me his tool box. He now gets delinquent notices in the mail, for the past few months indicating his last payment being in march. So figuring that, snap on should be coming to repossess whatever he has left soon, right?

But since I purchased the box from him, I would like to trade it in for a masters series. I am worried that if I trade this box in, they will track the serial number back to me, and somehow try to screw with me even though he had been the delinquent. Since I took "his" box and traded it in... I know this is a long messed up situation, but any advice, etc would be much appreciated.

The creditor has a security interest in it. They'll take it if they can get it. Shame on your friend for doing this to you.

 

[wyb2]

He had many tools he had purchased on there, but they had been stolen a few months ago

other post 1 month ago

So I have a new set of snap on tools. Worth $1087 list price.
...
Will the snap on truck at my dealership buy these from me? If so, for how much under list price should I sell them for?

just sayin

 

[HTGTS350]

Smells fishy, why would anyone be dumb enough to buy a box with money still owing on it and trust the PO to keep paying for something he doesn't own anymore? Would you do this with a house or car?

 

[woodrail]

I don't do credit, but is Snap-on credit a secured debt? What I mean is that if I buy a big screen tv, xbox, and the latest Hello Kitty DVD from Best Buy with my visa and don't pay, Mr. Visa doesn't come looking for the stuff. They just want cash.

 

[oldldh]

There be a smelly fish in the water, hereabouts...

 

[kevinr92]

Ok fellas. Y'all are some conspiracy loving people. The first post was about a tool set I had tecieved from snappy thru UTIs student voucher. Which entitles a student to $1000 worth of tools for free. (Paid by tuition fees that are hidden). And I had no previous knowledge of him owing on the box till after I purchased it. He had a job n paid his bills as far as I knew. But he bullshitted me the entire time. Now im screwed. I suppose the only thing I can do is take it up with him n try n get my money back far as what im reading here. Fml. He sold to me under student list price n I was green thinking its a good deal needing a box... but I suppose we have to learn from our mistakes. I am 20 & I work for a ford dealer btw. So y'all stop thinking im some crazy mofo. I make a crappy paycheck but it does cover my bills.

 

[Nanashi]

Snap on works the repo. They dealer will come in and start taking anything or everything he has sold you to meet your dept with him. Worst part is the stuff he sold you has a lower value then when it was new. If he sold it to you op and you work in the same shop chances are hes going to repo it. If you work in a different shop and he cant find the box its his loose but he wont be happy and your buddies in serious trouble. Considering you two are roommates, I am thinking you are just as liable for all of this and you need to own up to your dumb mistake of buying a box off your l"******* roommate". Your room mate needs to refund your money lol which he probably cant because hes a delinquent scum bag who cant pay his bills and will probably end up spending my tax money through welfare or some other form of free to him cash. If he cant pay you back hide that box but expect to fight to keep it because you are to close to hide and hes going to fess up and tell he sold it to you probably leading to you being in posesion of stolen property if not returned to the dealer considering it wasnt your room mates to sell.

Good luck. If this is a case of you cant pay the bill appologize to your dealer explain your young dumb and made a simple mistake and would like him to repo only what you use least often in hopes that your payments will become low enough for you to start paying in a timely fashion. Your dealer will be excited with your honestly and maybe give you a good deal instead of a horrible deal on the stuff he repo's. Snap on makes it very easy to get in over your head with their ******** weekly payment plan. Oh this box is only $50... a week and thats $200 a month. To a young kid just starting out the small picture is $50 easy dollars a week. But seeing the whole picture is important. The whole picture being that that box cost $200 a month for the next 3-5 years. Good luck whatever the case maybe. Also anything you sell should go right to your debt with snap on if that is the case. This will hold them off longer and also possibly get you a better amount for the tools considering repo pricing inst going to be very pretty.

 

[BDT/NWMN]

SnapOn will want to be paid what is owed .... How much is still owed?? Were all his tools stolen?? If so, the current value of that tool box that you bought may not even cover what your ex-roommate still owes... How much is still owed???????? If there is a chance that he paid a big amount of money towards the total purchase; YOU may stand a chance of paying off SnapOn for that toolbox....THAT is,, if there isn't much still owed on it??? SnapOn would be the one to get that answer from......... Either way that toolbox was not your ex-roommate's to sell until it was paid for..... If he sold it to you without telling you about the lien, shame on him.... If you KNEW about the lien; shame on both of you.... It is SnapOn's toolbox until SOMEBODY pays SnapOn for it.... Will they come looking for that toolbox and tools??? yep they will..... Will your ex-roommate offer you a refund?? (dreaming) you may have to file charges against him.................... or see if you can work something out with SnapOn..... One way or the other; SnapOn will get paid; or they will get THEIR toolbox back...... If you sell or trade that toolbox off; knowing that there is a lien on it,,,,,, then you could-would be in some serious trouble..........

Who would want to hire a young fellow with a criminal record?????????

One other thing: I hope the thief who stole those tools is caught!!!!!!! I had tools stolen several different times.... I have no time for a thief..



time laggggggg I started this post, then stopped for supper for an hour ,then finished my gabbing... I caught up on the above posts after finishing the above......... Your ex-roommate is a low life skumbag thief!!! He misrepresented that toolbox as being his... His "friendship" is worthless!!!! He took you for a sucker...and cannot be trusted..... Myself,, I would ask him ONCE for a refund,, then turn it over to law enforcement or the county attorney.... Make sure to call SnapOn tomorrow!!!

 

[netcaretaker]

Ah, you dude have basically stolen goods, and you know it, get rid of it, give it to the SO guy and write it off as a learning experience.

 

[930dreamer]

^^^ sound advise^^^

 

[Steinmetz]

"...Now im screwed..." You're right son. You're screwed.

 

[FLRover]

If the SO man comes looking and finds the box guess what?! You loose all your tools in it also as their contracts states they get any and all SO branded tools in the box. So first thing is never buy tools from a UTI student as its almost guranteed to have money owed on it. Second either try and get your money back (good luck from a broke **** UTI student) or just give the box back to SO and see if you can work out a deal on the box. Our driver sells repo tools about 40% of retail. Your risking being charged with receiving stolen property as well as loosing all your tools not just the box. Its very simple you currently have stolen property.

 

[blackz26]

Ok fellas. Y'all are some conspiracy loving people. The first post was about a tool set I had tecieved from snappy thru UTIs student voucher. Which entitles a student to $1000 worth of tools for free. (Paid by tuition fees that are hidden). And I had no previous knowledge of him owing on the box till after I purchased it. He had a job n paid his bills as far as I knew. But he bullshitted me the entire time. Now im screwed. I suppose the only thing I can do is take it up with him n try n get my money back far as what im reading here. Fml. He sold to me under student list price n I was green thinking its a good deal needing a box... but I suppose we have to learn from our mistakes. I am 20 & I work for a ford dealer btw. So y'all stop thinking im some crazy mofo. I make a crappy paycheck but it does cover my bills.

I hope you don't use a personal computer/device to posted here. Snap on is currently triangulating your IP address to find out where their box is. Since they know where it is now. Watch out for the S-man!

 

[wornoutoldman]

Run down to HF and pick up your new toolbox. Use a coupon for the best price. Transfer all your SO tools into the 40 incher and return the stolen property to the dealer.

 

[Southern]

Your room mate needs to refund your money lol which he probably cant because hes a delinquent scum bag who cant pay his bills and will probably end up spending my tax money through welfare or some other form of free to him cash.

Woah, kinda spun off on a tirade there, didn't you? You should chill out.

That kind of goes for everyone.

OP, you're not going to have any luck trading that box, but this "advice" to run that thing to the nearest truck and give it up is making me roll on the floor. Christ.

Just keep it.

 

[Nanashi]

Southern, I dont have a soft spot for leaches. But I will end it there considering its a long conversation that goes in a diffrent direction then the op.

If the snap on man is going to get it regardless, his best bet is to give it up on his own terms possibly getting the best deal. If he bought it not knowing his roommate owed on it (which I highly doubt), then he got royally screwed and that *****. I dont know the snap on guy might never even look at this guys box considering the room mate may never say who he sold it to and the dealer might never pick up on it. But I guess thats a risk one might take. If he traded the snap on box to the mac or matco guy for one of their boxes I find it hard to believe he would get in any trouble because it would be hard for snap on to find that box. But his roommate would basically just end up with an owed debt that snap on would try to retrieve by repoing his tools and anything else they could get leaving him with the remaining balance to pay off.

In reality the snap on dealer probably doesnt care if the roommate is paying on his box or not because hes already got his cut of the money and the issue is now snap on's. Its not like on the truck credit. At least I am making this assumption anyway.

 

[firebox40dash5]

If the SO man comes looking and finds the box guess what?! You loose all your tools in it also as their contracts states they get any and all SO branded tools in the box. Your risking being charged with receiving stolen property as well as loosing all your tools not just the box. Its very simple you currently have stolen property.

You're wronger than things I probably shouldn't say on here.

They can repo the owner's Snappy tools. OP isn't the one that owes them money. I watched my Matco guy take the tools out of the repo box being stored at my shop as CYA. I can tell you the owner owes a whole lot more than what got taken, and probably more than the box is worth, and there were plenty of Matco tools left after he took what still had a balance on.

Second, it's not stolen, OP (and his stupid buddy) don't have good title to the box, because it's collateral. His stupid buddy should've grabbed his nuts, and taken the money he got for the box and given it to his Snappy guy to pay for it, rather than being a shitbag. But, it's not stolen, and he can't be charged with squat unless Snap On takes it to court and he tries to dodge things there. If they're so inclined, they can probably make Dumb Friend give a deposition on the whereabouts of their secured collateral, and lying there under oath would be a real bad move.

 

[dandan111]

Can't sell what you don't own. How much money have you given the kid? Something needs to be worked out here. If you try to trade it the game will be over I bet.

 

[kursplat]

if your roomy lied and said the box was paid for when it wasn't, and he's not paying the bill, you have stolen property. turn the box over to the SO man in exchange for paper work from him explaining what happened, then file a police report on your roomy for theft of your $$ if he doesn't pay you back RIGHT NOW. if he doesn't pay you back, take him to small claims and get a judgment. then start claiming his stuff to pay off the claim. and somewhere in here you should probably be looking for a new place to live. cause' if he bent you over on this...

 

[Murphy4570]

Just keep the box. If the snappy guy starts sniffing around and puts 2+2 together on the thing being hot, just offer to make payments on the balance owed. The guy would rather get his money versus repo a box and take a loss. He doesn't give a **** who is paying for it, as long as he gets his money.

 

[crewchief888]

in most states,
it's called possesion of stolen property.

PO hasnt paid for the box, yet sold it....

buyer bought it, knowing there was money owed on it, due to the collection notices

 

[The Ratchet Man]

Save yourself the drama. Sell the Snap On for $359.99 and buy the HF 44" with the coupon. HF doesn't do repo's...conscience cleared.

 

[blackz26]

Not that it matters, nor does anyone really care, but how can he prove the price or ownership workout a bill of sale? Wouldn't it seem logical the PO would lie about the price or say it was stolen?

 

[kevinr92]

Ok, well the thing is, this box was financed thru snap on credit, which was the only way to buy it thru the school.. so does the dealer I work with at my dealership still have the authority to later take payments for it..? I would prefer to just pay him off for the balance rather then have it repo-ed and possibly lose my tools. Just how would he know how much the balance on the box itself is? if my roomies account has a balance of $6500 and the box was only $2295 before financing, I paid him $1000 so far, the rest I counted off as the rent he owed me for a few months. If I could work out a deal with the SO guy I work with, I'd be happy too.. but I don't wanna burn myself too early if he wouldnt be able to do anything for me. I sure as hell don't need any criminal charges for stolen property. I'll cut my losses asap if need be, but I just want an easier way out & to have a damn toolbox. It's a classic 78 and for christ sakes it's already packed beyond all hell. I have no more space... A HF box will not fit all my tools.

 

[cvcman]

Save yourself the drama. Sell the Snap On for $359.99 and buy the HF 44" with the coupon. HF doesn't do repo's...conscience cleared.

so now have him sell a stolen ( unpaid for ) box...great advise....

 

[cvcman]

Ok, well the thing is, this box was financed thru snap on credit, which was the only way to buy it thru the school.. so does the dealer I work with at my dealership still have the authority to later take payments for it..? I would prefer to just pay him off for the balance rather then have it repo-ed and possibly lose my tools. Just how would he know how much the balance on the box itself is? if my roomies account has a balance of $6500 and the box was only $2295 before financing, I paid him $1000 so far, the rest I counted off as the rent he owed me for a few months. If I could work out a deal with the SO guy I work with, I'd be happy too.. but I don't wanna burn myself too early if he wouldnt be able to do anything for me. I sure as hell don't need any criminal charges for stolen property. I'll cut my losses asap if need be, but I just want an easier way out & to have a damn toolbox. It's a classic 78 and for christ sakes it's already packed beyond all hell. I have no more space... A HF box will not fit all my tools.

Forget that HF box...also SO will NOT take your tools...they have NO right to do that nor will they try....this can get sticky because you did buy it knowing it was not paid for...if it was a car it would carry the lien on the title...this carries the lein against the ser#....I dont remember the model number of the box BUT if its a KRL722 you can buy them brand new for 2k if you look around...I know for a fact there have been 3 here in Upstate NY that were won from SO and one sold for 1750 and the other 2 for 2k..
So tell me this:
1) what box is it ?

2) how much did you pay for it ?

3) how much is owed ?