2006-09-20 06:50:12 · 7 answers · asked by rdhatgram 1 in Business & Finance ➔ Credit
Depends on if you signed something, and what that document said. I would think that you would get your money back as long as there wasn't a time limit attached to the deal.
Good Luck!
2006-09-20 06:57:36 · answer #1 · answered by Peapod 4 · 1⤊ 0⤋
Why would anyone but earnest money down on a car?
Now, if you but a small deposit down so that the dealer would not sell it out from under you while you try to arrange financing, then it is up to you and the dealer whether to make that deposit refundable or not.
2006-09-20 13:58:44 · answer #2 · answered by mzJakes 7 · 0⤊ 0⤋
Check the contract u signed. It should state it in the contract. Depending upon the state you live in and the cost of the car, you may have up to three days to change your mind. Call the Banking & Insurance Dept. or Consumer Protection Dept. in your state -- usually an 800#. Good luck!
2006-09-20 14:04:21 · answer #3 · answered by EFB 1 · 0⤊ 0⤋
Depends on what you signed...If you didn't sign anything talking about "restocking fees" or any other penalties then you should get it all back. A lot of times contracts are designed to deter people from getting cold feet with clauses to keep a portion of the down payment.
I hope you read your contract well! =)
2006-09-20 13:59:53 · answer #4 · answered by joe b 3 · 0⤊ 0⤋
IN most cases you will.But, it depends on the dealership. Dont ever put money down on a car or anything unless you are going to purches it write then. You could loose your money.
2006-09-20 14:04:18 · answer #5 · answered by mswildman2005 2 · 0⤊ 0⤋
Yes usually you have a 3 day right of recission period. I most states. No questions asked.
2006-09-24 11:37:47 · answer #6 · answered by mss04 3 · 0⤊ 0⤋
If you back out then NO. If they back out Yes.
2006-09-20 13:58:06 · answer #7 · answered by Anonymous · 0⤊ 0⤋