Non Refundable deposit - Refundable?? - Page 3 - Kia Forum
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post #21 of 25 (permalink) Old 07-31-2018, 08:18 AM Thread Starter
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Originally Posted by bailer6334 View Post
I don't believe "If" you don't drive off the dealers lot you are not contractually obligated and you may still own the vehicle. If the deposit is not in the contract somewhere, you may have a out. Its not clear if you signed a contract with the NH dealer either. As I'm not a lawyer, at this point I would get a lawyer to help sort this (these) transactions out.
We definitely are not in a contract with NH. Nothing was signed. As far as the deposit with them for $3000 i dont think we would have a hard time getting that back because

a. i was very clear with them that this was contingent on us being able to walk away from the local deal
b. we dont have anything in writing and can certainly dispute with our CC and i am sure they will rule in our favor considering nothing is written down

We may be liable to take the car in MA but since we haven't paid the down deposit that is based on the financing agreement i dont see how they can make us take it but could see them using that as leverage to push us in that direction i.e. saying they will put us in collections etc... or something along those lines. Also just to clarify the deposit that is NOT referenced in any of the paperwork or payment calculations is the $1000 deposit. The $6000 down payment is referred to in the financing paperwork and sales agreement.


Last edited by DrClaw; 07-31-2018 at 08:25 AM. Reason: calarification
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post #22 of 25 (permalink) Old 07-31-2018, 08:24 AM Thread Starter
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Originally Posted by geeksrus View Post
It was a NON-REFUNDABLE DEPOSIT!!!!! Don't you get it!

If the dealer was so SLEEZY & applied such sales pressure, why did you not just walk away. You are bad mouthing the dealer whereas you screwed up!
You are correct it was nonrefundable. I posted here to see if it was legal and binding and what other peoples experience were in these situations. It doesnt seem unreasonable to have them offer it as a credit for service etc... Taking free money through loopholes is sleezy especially when they actually didnt do any work.

Besides that they definitely pressured my wife who was by herself with a 8 month in tow. They coerced her into signing paper work that she didnt understand and wasnt in a situation to take the time to take it home and review it in the peace of her home on her own time. They wouldnt
let her leave with the paperwork when asked. The baby starts crying and before you know it she signing whatever they put in front of her.

why cant car dealers just be honest and not make every transaction make you think your getting swindled and the wool pulled over your eyes. These transactions have solidified those concerns and its no wonder people despise car sales people and dealerships.
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post #23 of 25 (permalink) Old 07-31-2018, 08:36 AM
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post #24 of 25 (permalink) Old 07-31-2018, 03:16 PM
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Sorry about how they pressured your wife to sign the papers, however not reading and understanding the sales agreement in the eyes of the law is not a excuse for voiding it. The Dealer has the ability to cancel the deal, but sounds like they are not going to. As you appear to be financing the balance you might consider not accepting the finance terms. Sometimes the interest rate will be unacceptable and you can say no to the finance side of the agreement. I have heard if the proposed buyer can not be approved, the dealer has the option of cancelling the sale. This may or may not be the case for you, however doesn't hurt to say no to the financing and see what happens.
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post #25 of 25 (permalink) Old 08-03-2018, 01:29 PM
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Any updates on this?
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