Can a car dealer return a down payment?
If you back out of the deal, will the car dealer return your down payment? I want to put a down payment on a car, but I have some concerns about it.
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Answered on Jul 01, 2021
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“Yes, the dealer will return your down payment, but only if it’s within the terms of the contract.
Legally, the dealer can cancel the purchase order up to 10 days after you buy the vehicle. As part of this agreement, you have to return the car and the dealer has to return your down payment.”
MORE: How to Buy a New Car
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