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When you go to the dealer and buy a car they always ask for a deposit but is it really necessary since you're signing a piece of paper that binds you to buying the car? they always say it's to hold the car but if I sign a piece of paper saying that I'm purchasing this car is it just to keep my money incase I back out within the 3 day period? Do I really have to leave a deposit?

2007-09-19 21:24:00 · 5 answers · asked by uknowme 6 in Cars & Transportation Buying & Selling

Gers, once you sign the invoice you're held to the sale. that's why I don't see making a deposit unless they keep it if you decide not to buy.

2007-09-19 21:30:03 · update #1

5 answers

If you back out of the purchase it still costs them money so they should damn well be allowed to keep your money (unless you back out because there is something wrong with the car).

If they won't let you sign the papers without a deposit then it is their choice not to sell you the car.

2007-09-19 23:17:20 · answer #1 · answered by bestonnet_00 7 · 0 0

NEVER leave a deposit. i dont care what dealer, what car, etc. never leave a deposit. they alwasy find a way to keep the deposit if you decide not to purchase the car

chances are they wont sell that vehicle anyway, so when you do make your mind up the car will still be there, if not, then there are more fish in the sea!

2007-09-20 04:52:47 · answer #2 · answered by Anonymous · 0 1

Why waste time and money with a double-talking car dealer when you can buy your dream car from government seized auto online auction, where you can buy a car 90% off Retail Value?
This may help you:
http://www.vehicle-auction.info/index.php?t=vehicle
Good luck!

2007-09-20 23:40:57 · answer #3 · answered by DES 2 · 0 1

They want a committment--but surprise--they can keep the money--so don't sign or agree to anything until you are absolutely sure you are taking the car. HOLD IT?? That is an old one...let it go--there has to be another like it somewhere.They can find another.

2007-09-20 04:30:18 · answer #4 · answered by fire_inur_eyes 7 · 1 1

just so they know its a sale in the bag, they want to make sure your comming back.

2007-09-20 04:27:52 · answer #5 · answered by Anonymous · 1 0

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