CAR-BUYING QUESTIONS

Is a car deposit refundable?

It depends on what you agreed to in writing. Some deposits are fully refundable until you sign a contract, others are non-refundable or partly refundable, and rules differ by state. Always ask for a written receipt stating the amount, the vehicle, and the refund terms before paying. If a dealer won't return a deposit they said was refundable, contact your state attorney general's consumer protection office and, if you paid by card, your card issuer.

General information, not legal or financial advice; rules vary by state and lender.

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