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- You will not have the automatic right to have your money back if you request this, and in the majority of cases, a deposit will be non-refundable. This is because the vehicle would have been withdrawn from sale, and in some cases, may have been registered your name (i.e. for a new car), thereby preventing anyone else from buying it.
www.themotorombudsman.org/knowledge-base/can-i-get-a-car-deposit-refund
People also ask
Can a dealer keep a deposit if I don't buy a car?
What happens if a dealer doesn't pay a deposit?
Do dealers have to return a deposit?
Do you need a deposit to buy a car?
If you decide not to purchase the vehicle, the dealer can keep a non-refundable deposit and fees for service. If you are not able to purchase the vehicle because the dealer cannot deliver on its promises, the dealer must return the deposit and cannot charge fees for service.
Jun 18, 2024 · If the dealer lied or misled you in some way, you might be able to get your used car deposit back by taking the dealer to small claims court. Consult with a lawyer to learn more about your rights and options.
If it's not, then tell them that you do not wish to complete the purchase and want your deposit back. The dealership will push back, and if you are unmoved they may offer you the $800 to save the deal.
- Vehicle Was to Be Available Within 10 Days
- 'We Prefer Not to Keep Deposits,' Dealer Says
- Consumer Law Silent on Deposits
Oyearone said it all began when her husband wanted a newer and larger vehicle to replace their Toyota Camry. "We knew exactly what we wanted: a black-on-black Toyota Highlander, 2015," she said. Gateway Toyota didn't have one in stock. But the salesman said he could get one within seven to 10 days, if they left a $2,500 deposit because that particu...
"I would venture there may be one or two deposits a year that are not returned," Janes said. "Our policy is we prefer not to keep deposits." He said the dealership can go to significant effort and expense to arrange a sale, and deposits are collected to protect itself against a customer who changes his or her mind. Janes said the Oyearones "fessed ...
Lowe said that so far this year, the provincial regulator has received about 100 complaints from consumers who can`t get their deposits back, but that the agency doesn't have jurisdiction to intervene. "What that means is it's really between the consumer and the business," Lowe said. "That being said, sellers always have to act fairly and honestly....
The Motor Vehicle Dealers Compensation Fund protects your deposits or payments up to $45,000, if a registered dealer fails to deliver on any part of the purchase or warranty. You can apply for compensation up to 2 years after the dealer refuses or is unable to return your payment.
Get it in writing, but generally, yes, 100% refundable. Also, see if you can get on cancelation lists, as well as waiting list. Finally, go to several dealerships of the same manufacturer in your area. People think that when they order a car, the plant makes one just for you, they don't.
If you give a dealer a deposit for the purchase of a vehicle but no contract is signed, you can request your deposit back at any time and the dealer must comply. Not this case but definitely a common occurrence.
