Deposit back on car deal when the trade in dies?

Question:
Car dealer test drove our trade -in van ( which had been giving us some trouble) and we couldn't come to agreement on a deal so left. But over the week we negotiated and came to verbal agreement on the phone. I gave a $1000.00 deposit on visa which was cashed. The deal was subject to financing and the deposit was said to be refundable if financing didn't go through.

Can a guarantor come out of an agreement?


We are waiting for the financing ( banks are slow as molasses!) The van's been running worse. Today the engine light came on and I didn't dare drive it home.

I have 20,000 points. How do I cash them in on a new car?


Question: What happens to the car deal? Is the dealership obliged to take the van anyways? Or does it cancel the deal, and will I get my deposit refunded?

Lein on a Car Title?


I will argue this affects the car deal because I can't trade in the Van anymore. It therefore changes the finance numbers enough that I can't afford the car now. "subject to finance" = refundable deposit... Any suggestions or experiences to share??

Answers:

What would generally be cheaper; UK cars or imported cars?

They have the right to cancel the deal but it sounds like they are going to get to you come in and resign for new numbers. Since the deposit is on a credit card you are protected as no services were rendered (file a chargeback if they won't give it back) More than likely they were figuring your van for only a couple of dollars anyways so if the financing does go through as written, stick to the original deal and see what happens as you know you can always walk away with no obligation.

Which is better: 2007 Nissan Altima or 2007 Subaru Legacy?

dont drive the van again until time to go pick up your new car. drive it in, sign the papers and go. they usually jack the prices up so high that it covers the value of the van running or not. long as you can drive it in, you will be fine. take it and run. good luck.

Chevrolet Cobalt SS?

This depends on the dealer. Some will tell you no way, but most likely they will take it. You didn't say how much they were allowing for trade in value. Talk to the dealer, they will probably bend over backwards to sell you a car with the market like it is.

Where can i get a good quality car for a cheap price?

Why do you want to cheat the dealership?

Where can i find a locally used car lot here in hartwellga?


Wouldn't you hate it if they did that to you?

How can I find out a car dealer's actual invoice cost on a 2007 Acura TL?


As a last resort, check your oil. Maybe it's low, and there's nothing wrong with your van.

What to look for when buying a use car?

If you haven't signed a contract, you can back out of the deal. I can say that the bank isn't slow (they will respond within 24 hrs. usually). They have probably sent your offer to 4 or 5 different finance companies, which will all show up on your credit report. You might want to look a the numbers again on what they were going to give you for your van. It probably will not affect your monthly payment that much.

Need carfax report for 2hgej6624wh608785?

drive the van oh well if it blows up
More Questions & Answers ...

  • My car payments are too high, can i trade it for something cheaper?
  • When does Cadillac run their 0% financing special?
  • Which is the fastest, longlasting, girl catching SUV?
  • Would you buy this Jetta for 400.00?
  • How do for sale by owner car lots work?
  • Does a car with high MPG decrease emissions?
  • I want to open up a Custom car garage. what steps should i do as a senior?
  • I want to buy a car from Germany.does anybody knows how to bring it to Greece and how much will cost extra?
  • How to Change a Car Title with 2 Owners Listed?
  • Why concord service discontinued in 2001?
  • This article contents is post by this website user, CarQnA.com doesn't promise its accuracy.


    Copyright 2006-2008-2007 CarQnA.com. All Rights Reserved.