Educational Consumer Tips
Better Business Bureau
Many consumers are under the false impression that there is a law which entitles them to a refund for a car deposit if they choose not to buy the car.
There is no such law.
Car deposits are non-refundable, unless the contract or sales receipt specifically contains a refund policy.
Before signing on the dotted line or making a deposit, inquire what the dealership's policy is. If the contract does not contain a refund policy on car deposits, you may request one be written in the contract, or be written on an addendum attached to the contract.
This information is general in nature, and is not a Business Review on any particular company, product or service.