Dealer Refund ?

Szwaboski · 01-22-2008, 11:57 AM

SO this past Saturday I went to get my car from another dealer that had my car since this other dealer refused to even try and dealer trade for it and ignored all my phone calls. So I went to the dealer I had originally put a deposit down for a car in October and asked for my refund. I got my receipt for a refund for the $1000 deposit but it's still not in my bank account. I called the dealership last night and asked them what was up and they said it was because of MLK day and the banks weren't open. I do online banking and what not so I check it almost everyday.

But what gets me is usually it will have the money pending until the bank verifies it but there is no pending and here it is Tuesday and the money is still not in my account. I sent the bank an e-mail but I haven't gotten a response yet so in your opinion do you just think the bank is taking a long time or is the dealership who lost my business playing around with my money?

rbsjnh · 01-22-2008, 12:08 PM

Quote:

Originally Posted by Szwaboski

SO this past Saturday I went to get my car from another dealer that had my car since this other dealer refused to even try and dealer trade for it and ignored all my phone calls. So I went to the dealer I had originally put a deposit down for a car in October and asked for my refund. I got my receipt for a refund for the $1000 deposit but it's still not in my bank account. I called the dealership last night and asked them what was up and they said it was because of MLK day and the banks weren't open. I do online banking and what not so I check it almost everyday.

But what gets me is usually it will have the money pending until the bank verifies it but there is no pending and here it is Tuesday and the money is still not in my account. I sent the bank an e-mail but I haven't gotten a response yet so in your opinion do you just think the bank is taking a long time or is the dealership who lost my business playing around with my money?

how long ago did you ask for the refund?

**CameronJr9** · 01-22-2008, 12:21 PM

I'd say it's both the dealership and the bank. Everyone has to verify things. It's just a lengthy process. The holiday doesn't help.

NIGHTHAWKSI · 01-22-2008, 12:52 PM

yup, you went on a saturday to the dealer...that day doesnt count as a buisness day. sunday closed, monday closed.

so the refund process actually started today. if you dont have it by mid next week, be questioning. its wayyy to early to be doubtful.

they can take the money from your account in a matter of minutes, but it takes DAYS to get it back...its sucks.

Szwaboski · 01-22-2008, 12:57 PM

yea it does suck I was wanting to get the HFP kit with that money

Leonard1818 · 01-22-2008, 02:20 PM

its the bank... I know it's your money but be patient. If you don't see in in 4 days, then call.

***strutking*** · 01-22-2008, 02:24 PM

maybe they just suck

RockALittle250 · 01-22-2008, 05:07 PM

It can take up to 10 business days, which does not include weekends, for the bank to refund your account. Patience is the key.

01-22-2008, 11:57 AM	#1 (permalink)
Szwaboski Senior Member Join Date: Jun 2007 Location: St. Louis, MO Age: 20 Posts: 459 Nik iTrader: 0 / 0%	Dealer Refund ? SO this past Saturday I went to get my car from another dealer that had my car since this other dealer refused to even try and dealer trade for it and ignored all my phone calls. So I went to the dealer I had originally put a deposit down for a car in October and asked for my refund. I got my receipt for a refund for the $1000 deposit but it's still not in my bank account. I called the dealership last night and asked them what was up and they said it was because of MLK day and the banks weren't open. I do online banking and what not so I check it almost everyday. But what gets me is usually it will have the money pending until the bank verifies it but there is no pending and here it is Tuesday and the money is still not in my account. I sent the bank an e-mail but I haven't gotten a response yet so in your opinion do you just think the bank is taking a long time or is the dealership who lost my business playing around with my money?

01-22-2008, 12:21 PM	#3 (permalink)
CameronJr9 Crazy Yellow Puppet Join Date: Feb 2006 Location: Louisville, KY Age: 28 Posts: 25,461 Back and Forth Forever iTrader: 6 / 100%	I'd say it's both the dealership and the bank. Everyone has to verify things. It's just a lengthy process. The holiday doesn't help. __________________

01-22-2008, 02:24 PM	#7 (permalink)
*strutking* 8thcivic Sponsor Join Date: Nov 2006 Location: Texas Posts: 1,587 iTrader: 47 / 100%	maybe they just suck __________________ www.strutking.com FREE Shipping within the US! 10% off coupon code: 8thcivic

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01-22-2008, 12:52 PM	#4 (permalink)
NIGHTHAWKSI Senior Member Join Date: Nov 2006 Location: long island Age: 22 Posts: 12,684 Ian iTrader: 12 / 100%	yup, you went on a saturday to the dealer...that day doesnt count as a buisness day. sunday closed, monday closed. so the refund process actually started today. if you dont have it by mid next week, be questioning. its wayyy to early to be doubtful. they can take the money from your account in a matter of minutes, but it takes DAYS to get it back...its sucks.

01-22-2008, 12:57 PM	#5 (permalink)
Szwaboski Senior Member Join Date: Jun 2007 Location: St. Louis, MO Age: 20 Posts: 459 Nik iTrader: 0 / 0%	yea it does suck I was wanting to get the HFP kit with that money

01-22-2008, 02:20 PM	#6 (permalink)
Leonard1818 Senior Member Join Date: Oct 2007 Location: OH Posts: 2,594 Leonard iTrader: 0 / 0%	its the bank... I know it's your money but be patient. If you don't see in in 4 days, then call.

01-22-2008, 05:07 PM	#8 (permalink)
RockALittle250 Senior Member Join Date: Feb 2006 Posts: 2,014 iTrader: 0 / 0%	It can take up to 10 business days, which does not include weekends, for the bank to refund your account. Patience is the key.