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If a person gives a downpayment to buy your car then backs out - who gets the downpayment?
Wiki User
∙ 15y ago
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.
Wiki User
∙ 15y ago
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