Topher said:
most dealers do "non-refundable" deposits. why? well, now that you've backed out, they've missed the opprotunity to sell the car to other buyers...granted you could have put the deposit down yesterday...the opprotunity was still lost. i took a non-refundable deposit from a good customer of mine...he backed-out...i gave it back. it's really up to the dealer whether or not they want to keep your deposit...
i have to say, putting the shoe on the other foot, if i was the dealer i would not be pissed and would give the money back. there is no reason other than greed for them to keep the money, they are trying to get something for nothing. they are not out at all and it cost them nothing.
unless he signed a paper saying the deposit is non-refundable, it is refundable, just like if you put something on layaway at the store and then decide not to buy it. putting forth the money is a sign of "good faith" not a contract. when purchasing a house if you back out after the papers are signed but before the closing then you lose your deposit, until the papers are signed nothing is binding.
yea, it's not nice to put down a deposit and then back out, i understand that and understand the ill will felt by the dealer, but unless there are papers, they are holding his money in exchange for nothing, which in my mind is stealing. whether it's common practice in the industry or not, it's not right
Topher said:
so they probably don't care if you get pissed, you live out of state. you're not going to hurt their business.
obviously it is hurting their business, i live in state and probably close to this dealer as i live in north central CT and once their name is released i won't be buying anything from them. communication is a crazy thing nowadays, isn't it.
this is part of the reason people hate purchasing a new car when in fact it should be a pleasant experience. there is always the feeling that dealers are trying to pull something over on them and those feelings are not without basis since customer service comes second (or lower) to profits in the automotive sales business.
op: check local laws. maybe even call the police department. in my mind it is the same as stealing assuming you didn't sign a contract saying otherwise, and the police may feel the same way and help sort things out