IN MY OPINION, THEIR IS NO NEED FOR AN EXCHANGE OF MONEY PRIOR TO SALE OF A CAR. YOU DO THAT IN THE F& I OFFICE. THAT DEPOSIT DOESN’T MEAN “SQUAT” ANYWAY!
HECK THIS ISN’T A REAL-ESTATE TRANSACTION. IT’S A CAR DEAL.
THEIR IS NO ESCROW REQUIRED. AND IF YOU THINK FOR ONE MINUTE THAT A SALES MANAGER OR THE SALESPERSON THAT TOOK YOUR DEPOSIT WONT SELL YOU OUT & TAKE A HIGHER GROSS ON THAT SAME CAR FROM ANOTHER CUSTOMER, YOU’RE KIDDING YOUR SELF! IF HE COULD GET A HIGHER GROSS OFF ANOTHER CUSTOMER…
YOUR SALESMAN MIGHT CALL YOU AND SAY
I’M SORRY BUT THAT CAR WAS SOLD AND I DIDNT KNOW IT, CAN I MAIL YOUR DEPOSIT BACK TO YOU? OR WOULD YOU LIKE TO COME PICK IT UP? THAT HAPPENS A LOT. WHAT ARE YOU GONNA DO? SAY HEY I HAD A DEPOSIT UP? THAT CAR YOU LOVED IS LONG GONE! YOU GOT NO LEGAL RECOURSE. YOU GONNA TAKE THE DEALER TO COURT? HA HA BETTER THINK AGAIN
ABOUT THAT. ANYWAY JUST DONT DEAL WITH CAR DEALERS WHO ASK FOR DEPOSITS UP FRONT. THEY ARE LIKE FISH IN A POND THEY ARE EVERYWHERE. SHOP FOR A GOOD DEALER, LIKE YOU SHOP FOR A GOOD DEAL. THEN WHEN YOU FIND ONE ,STICK WITH HIM!
HOPE THIS HELPS.
DEEPPLAID