Just Curious

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Old 04-24-2004, 08:41 AM
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Just Curious

I put a deposit down last night and signed some preliminary paperwork.

If for some reason, it takes a real long time for this car to arrive, does my deposit and prliminary signing make it a binding contract?

As in, can I get my deposit back and nix the deal?

Not that I want to, but just curious.

Thanks
Old 04-24-2004, 08:56 AM
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Read the contract - it should say so.
Old 04-24-2004, 09:10 AM
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You should've asked when you were signing the documents.

Oh, and yeah, prelimainary signing will be void if you request a full refund.
Old 04-25-2004, 04:37 PM
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Old 04-25-2004, 06:53 PM
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You can usually get your $ back. Sometimes without some whining by the dealer though. But like everybody sez, read the fine print.
Old 04-25-2004, 10:02 PM
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yes u can get your your money. until you have the car in your possession then u can do what u please. i went through this i put my deposit down signed all the papers sent the credit app in and a week later called and said i wanted to wait til i sold my current car and they said ok no problem.
Old 04-25-2004, 10:13 PM
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Some states like WA for example have laws where you can terminate any contract within a 3 day period.

Most likely however you signed something that says "This deposit is none refundable".

You should be able to get some if not all of your money back even if you signed something that says the contrary; you're just going to have to convince them.
Old 04-25-2004, 10:49 PM
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Originally posted by tonyTSX
Some states like WA for example have laws where you can terminate any contract within a 3 day period.

Most likely however you signed something that says "This deposit is none refundable".

You should be able to get some if not all of your money back even if you signed something that says the contrary; you're just going to have to convince them.
In California there is no cooling off period. When you 1)sign the contract 2)drive the car off the lot it is a done deal regaurdless of what happens. However, the preliminary paperwork that you filled out (credit check ect.), is not the final contract. However if you left a deposit, you can ask for a full refund.
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