Stop in for a cup of coffee

Well it is almost 50F here. I need to gather up yet another load of construction debris to the dump today. Hopefully we will get word on a four wheeler today. The one we are pursuing was already purchased in theory but the guy never showed. I feel like a buzzard perched on a telephone line. The owner said they would give the guy until today to show up.
What does "Purchased" mean if there were no funds exchanged?

What is that John, 80° warmer than ND?