I wanted a si... I put a 500 deposit down

2002siboy · 04-30-2008, 12:08 PM

I wanted a si... I put a 500 deposit down but wasnt not approved do you think they will give me my money back! I'm so suprised

2002siboy · 04-30-2008, 12:09 PM

lol... sorry for the bad grammer

***07BlakBlak*** · 04-30-2008, 12:24 PM

Yes, they are required to refund your deposit.

***knowledge_6*** · 04-30-2008, 12:25 PM

get a cosigner..

***thatsnotstock*** · 04-30-2008, 12:26 PM

Quote:

Originally Posted by 07BlakBlak

Yes, they are required to refund your deposit.

yes, its the law.

inyong1988 · 04-30-2008, 12:33 PM

why would they not?

IceWindius · 04-30-2008, 02:09 PM

Quote:

Originally Posted by inyong1988

why would they not?

Credit score and history for one.

thedamaja · 04-30-2008, 02:14 PM

Quote:

Originally Posted by IceWindius

Credit score and history for one.

What does that have to do with them refunding the deposit?

inyong1988 · 04-30-2008, 03:23 PM

Quote:

Originally Posted by IceWindius

Credit score and history for one.

and?

feegeebloo · 04-30-2008, 03:29 PM

i hope you have a receipt...

better yet, you should have put it on a credit card (check is almost as good)

just go tell them that since you were not approved, you would like your money back asap... they are required to return it in a timely fashion (10 business days would be about the max that could be considered 'timely')

07FG2 · 04-30-2008, 05:07 PM

get the 500 back save up a little bit more and see if you cant get a co signer.. and with all that you should be good.

waldo08 · 04-30-2008, 11:53 PM

Hecks yea you get your money back unless you signed a paper saying stuff that sounds crazy but they keep it... But that's if you think like me...

IceWindius · 04-30-2008, 11:54 PM

Quote:

Originally Posted by thedamaja

What does that have to do with them refunding the deposit?

Reason for be declined to finance the car.

2002siboy · 05-01-2008, 01:53 AM

So yeah I guess I signed a non-refundable paper.. Probably the dumbest thing I have ever done. I usually pay close attention... but I was so hyped up on getting the car.. I have pretty effin good credit I didnt think it was possible for me to get turned down..

habitat · 05-01-2008, 02:02 AM

Quote:

Originally Posted by 2002siboy

So yeah I guess I signed a non-refundable paper.. Probably the dumbest thing I have ever done. I usually pay close attention... but I was so hyped up on getting the car.. I have pretty effin good credit I didnt think it was possible for me to get turned down..

OMG... $500 for a credit check? You know those are available free online.... that is the biggest bull$hit I've ever heard in my life... You need some fight in you, I would not allow this...

2002siboy · 05-01-2008, 02:26 AM

It wasnt a credit check... It was a deposit

20strong · 05-01-2008, 02:43 AM

Go to the dealership and raise hell, they cant keep your deposit.. That is rediculas, if they dont want to give it back tell every custermere on the lot.

***CivicEX08*** · 05-01-2008, 02:59 AM

Quote:

Originally Posted by 2002siboy

It wasnt a credit check... It was a deposit

That's bullshit.

The deposit holds the car for you when it arrives. You need to raise hell. Even if you signed paperwork, I'd raise hell. That's ridiculous!

habitat · 05-01-2008, 07:23 AM

Quote:

Originally Posted by 2002siboy

It wasnt a credit check... It was a deposit

Bottom line... deposits are refundable.

feegeebloo · 05-01-2008, 07:39 AM

Quote:

Originally Posted by habitat

Bottom line... deposits are refundable.

not true... if a legal contract was signed stating otherwise, he has no recourse...

to the OP:

get a copy of said form, scan it in, and post it up.... let us see what it says. i'll be able to tell you if it is binding, and i'm sure others can too... don't take the dealership at their word on it.

04-30-2008, 12:08 PM	#1 (permalink)
2002siboy Member Join Date: Oct 2007 Posts: 35 iTrader: 0 / 0%	I wanted a si... I put a 500 deposit down I wanted a si... I put a 500 deposit down but wasnt not approved do you think they will give me my money back! I'm so suprised

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04-30-2008, 12:09 PM	#2 (permalink)
2002siboy Member Join Date: Oct 2007 Posts: 35 iTrader: 0 / 0%	lol... sorry for the bad grammer

04-30-2008, 12:24 PM	#3 (permalink)
*07BlakBlak* Throwin Down on Ur Posts Join Date: Jun 2007 Location: MD Posts: 1,474 iTrader: 0 / 0%	Yes, they are required to refund your deposit.

04-30-2008, 12:25 PM	#4 (permalink)
*knowledge_6* VIP Member Join Date: Feb 2008 Location: Toronto Posts: 643 iTrader: 0 / 0%	get a cosigner..

04-30-2008, 12:33 PM	#6 (permalink)
inyong1988 Senior Member Join Date: Jun 2006 Location: VIRGINIA Posts: 17,373 Junction Produce iTrader: 34 / 97%	why would they not?

04-30-2008, 03:29 PM	#10 (permalink)
feegeebloo Senior Member Join Date: Apr 2008 Location: Denton, TX Posts: 213 Richard iTrader: 1 / 100%	i hope you have a receipt... better yet, you should have put it on a credit card (check is almost as good) just go tell them that since you were not approved, you would like your money back asap... they are required to return it in a timely fashion (10 business days would be about the max that could be considered 'timely')

04-30-2008, 05:07 PM	#11 (permalink)
07FG2 Member Join Date: Sep 2007 Location: panama city fl Age: 21 Posts: 72 Brandon iTrader: 0 / 0%	get the 500 back save up a little bit more and see if you cant get a co signer.. and with all that you should be good.

04-30-2008, 11:53 PM	#12 (permalink)
waldo08 Senior Member Join Date: Apr 2008 Location: Oklahoma Age: 19 Posts: 408 iTrader: 0 / 0%	Hecks yea you get your money back unless you signed a paper saying stuff that sounds crazy but they keep it... But that's if you think like me...

05-01-2008, 01:53 AM	#14 (permalink)
2002siboy Member Join Date: Oct 2007 Posts: 35 iTrader: 0 / 0%	So yeah I guess I signed a non-refundable paper.. Probably the dumbest thing I have ever done. I usually pay close attention... but I was so hyped up on getting the car.. I have pretty effin good credit I didnt think it was possible for me to get turned down..

05-01-2008, 02:26 AM	#16 (permalink)
2002siboy Member Join Date: Oct 2007 Posts: 35 iTrader: 0 / 0%	It wasnt a credit check... It was a deposit

05-01-2008, 02:43 AM	#17 (permalink)
20strong Senior Member Join Date: Jan 2007 Location: Desert Posts: 2,290 Marcus iTrader: 0 / 0%	Go to the dealership and raise hell, they cant keep your deposit.. That is rediculas, if they dont want to give it back tell every custermere on the lot.