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If you have placed a down payment on a car and signed the contract but find out you are unable to get insurance is the contract and sale of the car legal?

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2017-06-17 18:08:11
2017-06-17 18:08:11

Before you buy from a dealer, you should ask about the dealer's return policy, get it in writing, and read it carefully. There are different consumer protections in different jurisdictions. Different dealers offer a variety of options. You may need to rely on the dealer's good will to get your full deposit back.

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2010-01-18 03:53:40
2010-01-18 03:53:40

In general, no. The dealer can not be liable for the buyer's inability or unwillingness to conduct business with a third party.

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If you are concerned about being able to secure insurance, then before you purchase the car, you can introduce a conditional clause into your offer stating that the purchase of the vehicle is conditional upon the buyer being able to secure a motor vehicle insurance policy at fair mareket value. You should consider that the dealer may refuse to accept an offer with such a condition attached.

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Certainly. An oral contract is not signed and can easily result in someone doing work on your property (or delivering materials) for which non-payment will result in a lien.

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You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.

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Depends on your state laws and the contract you signed with the lender. Read your contract. after the second payment is not paid

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No, you signed the contract so that is legally binding.

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It is wise to address such matters before the contract is signed. This is dictated by the terms of the contract the parties agreed on. If you've already signed the contract then you will just have to read the contract to find out.


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