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Yes, they can cash a deposit check before any contract is completed. The purpose of a deposit check is to hold a vehicle for a person while they are waiting on the financing to go through.

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Q: Can a car dealer cash a deposit check before the contract is completed?
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Related questions

Can you cancel a vehicle sale contract and get your deposit back if the dealer did not get you to sign it?

Without a signature, there is no contract. If you want your money back the dealer is obligated to give it to you.


Can you get a refund on a car deposit?

It depends on circumstances, Why are you not getting the car?,,,,,,,,,,,,, Who were you getting it from?,,,,,,,,,,,,,,,,,,,,,,, When did you place deposit?,,,,,,,,,, Any other details? Dealer is in another state. No contract signed. Deposit was to indicate actual interest, but not a contract.


My son 17 years old bough a car from a dealer lost his job can the dealer give my son his dowmpaymet and cacel the contract?

I doubt that your sons deposit will be refundable, however depending on the dealer, he may cancel the contract upon the return of the vehical. I doubt that your sons deposit will be refundable, however depending on the dealer, he may cancel the contract upon the return of the vehical.


What if a car dealer takes your deposit but then can't get financing?

If the financing was being arranged by the dealer he should return your deposit. However, if you were arranging the financing then it is not his fault and depending on the wording of your contract he may be entitled to keep your deposit.


Can the auto dealer change the financing options on a fully completed auto contract after the fact?

not without the sighners and cosighners consent, you signed a contract and only that contract, it is suggested you consult with a lawer if the dealer does not correct the problem


Can a car dealer change the terms of the deal i.e mileage if they have already taken my deposit?

If all you have done is give them a deposit then they can do almost whatever they want. If you have a contract you may have additional rights.


Can a car dealer legally refuse to give back a downpayment?

It totally depends on which country you are from.Check the Terms and Conditions of the contract, which you should have done BEFORE you signed it. Some dealers will not refund a deposit or down payment.


You signed a contract for a used car the car dealer still has the car you have not given your down payment can you get out?

I THINK SO. THE CONTRACT HASN'T BEEN COMPLETED UNTIL THE DOWN PAYMENT IS MADE. HE'LL PROBABLY VOID THE CONTRACT FOR FAILURE OF PAYMENT.


Can you get out of contract of a new vehicle when the contract you signed is not the car?

If the car that the dealer delivers is not the car that is identified in the contract, then the DEALER is in default, not you.


Once you have a signed contract from a dealer can the dealer go back on his word?

Once you and the dealer have signed the contract, it is a binding contract agreement and it responsible by law. You can take him to court if he doesn't keep his part of the agreement.


Can a dealer back out of a contract before the car is delivered?

As a general rule - no. A 'contract' is a legally binding instrument. Both parties to the contract agree to abide by the provisions of the agreement which they have signed. There may be circumstances which 'breach' the provisions of the contract and make it invalid (i.e.-financing is unavailable - the contract wasn't signed by by a 'lawful signatory' of the dealer - etc.) More specifics would have to be known for a more specific answer.


How do you sue a finance company for over charging and not adding your rebate to your overall charge of your truck?

All of the paperwork for the purchase of a vehicle is usually completed by the dealer. Take your original paperwork(sales invoice and contract) to the dealer and explain it to them. They should have credited the rebate.