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No, the down payment only decreases the amount you must finance. $20,000 vehicle, $5,000 down, balance you must borrow, $15,000. Total amount paid $20,000.
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∙ 15y ago
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Is car down payment is refundable?
No. A downpayment is a nonrefundable form of collateral which is applied to the sale of the vehicle. For example: If a car cost $10,000 and you give a downpayment of 15% ($1,500) you've applied your downpayment to the purchase of the vehicle. If after a few months you no longer wish to own the vehicle, you will still own the principle amount left.
Will you be entitled to have a refund if buying a use car at a different price and found out that it was on sale but did not give you the sale price at the time when you bought the car?
NO
If a person gives a downpayment to buy your car then backs out - who gets the downpayment?
This can be a tricky situation. Did you give the buyer a receipt for the down payment stating it would not be returned if they backed out of the deal? If not, then you may have to give it back. Did you hold the car for them, and in the process miss a sale due to this? Here is what I would do. If you ended up selling the car anyway, I would return their down payment.
If the sale price of a car is 12590 which is 20 percent the original price what was the original price?
$62,950.00
How much is the gina car?
There is no price, because it's not for sale: It's a concept car.
If the sale price of a car is 12590 which is 20 percent off the original price What is the original price?
The original price was 15,737.50
What is the price of a 1979 Monte Carlo car?
Depending on the usage of the car, the price varies between $3500-$7400. Cars for Sale currently has four 1979 Monte Carlo cars for sale with $7400 being the highest price.
What is the average price for a Vauxhall Astra on sale?
there are many good companies which offer Vauxhall Astra on sale and which is good way to car which is good and give choices to car price is varies from 10000$-50000$.
What is a car quote?
A car quote is a proposal for the sale of a car from a dealership. It includes the price of the car, the value of the trade-in, taxes, and other costs.
Is it legal for a dealership to erase an advertised sale price after i agree to buy a car?
Did you put a deposit down? Did the sale expire?
How much does a Honda for sale cost?
If a Honda was for sale, it would depend on whether it was new or used, how many miles are on hte car, and how old the car is. There are many factors that can go into the price of a car.
If a car is repossessed and they sell the car how much can you owe?
The difference between the sale price & loan balance is what they will bill you for.
