I put $1000.00 down on a car and now the finance company wont finance me. Is the dealer obligated to return my down payment? I am located in California.
2006-08-30 09:39:23 · 9 answers · asked by nidus2000 2 in Cars & Transportation ➔ Buying & Selling
Yes, they have to return your deposit.
2006-08-30 09:45:04 · answer #1 · answered by nimo22 6 · 0⤊ 0⤋
Depends on the documents you signed. If you agreed to a non-refundable deposit then no you can't get it back. If the deposit was refundable if the contract could not be executed then yes you should get it back.
2006-08-30 16:51:17 · answer #2 · answered by John 6 · 0⤊ 0⤋
Read your contract carefully. If you have been driving the car, there may be some kind of deduction made from your deposit, but they shouldn't be able to withhold the whole thing.
2006-08-30 16:48:17 · answer #3 · answered by just♪wondering 7 · 0⤊ 0⤋
It depends on your paperwork. I think they should give it back to you. You should've gotten qualified before you put the down payment down. Good luck!
2006-08-30 16:47:05 · answer #4 · answered by aloneinga 5 · 0⤊ 0⤋
Not typically. Read the paperwork you signed when you bought the car!
2006-08-30 16:44:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Depends on the contract you signed.
2006-08-30 16:43:43 · answer #6 · answered by Anonymous · 0⤊ 0⤋
If they are honest they will unlike DAY AUDI in Monroeville PA!
2006-08-30 16:46:01 · answer #7 · answered by N3WJL 5 · 0⤊ 0⤋
I think so.
2006-08-30 16:44:11 · answer #8 · answered by Anry 7 · 0⤊ 0⤋
idk about Cali but in NJ they have to.
2006-08-30 16:46:28 · answer #9 · answered by coko823 3 · 0⤊ 0⤋