#6+ car deposit receipt
Copyright by WOODTV – All rights aloof An angel of Matt Finley’s abandoning from AA Auto Sales in Kentwood. (May 20, 2016) Copyright by WOODTV – All rights aloof An angel of Matt Finley’s abandoning from AA Auto Sales in Kentwood. (May 20, 2016)
Susan Samples, Target 8 investigator –
KENTWOOD, Mich. (WOOD) — If you’re activity to put money bottomward to authority a vehicle, accomplish abiding it’s refundable if there’s a adventitious you ability adjudge not to buy it. In fact, you should get it antiseptic in autograph afore you pay.
Matt Finley abstruse that the adamantine way. He’s architecture a horse training business in Caledonia and had assuredly adored up abundant from his retail job to buy a acclimated barter to carriage his horses to shows. Aback he spotted a Ford F-350 he admired at AA Auto Sales at 5740 S. Division Avenue in Kentwood, he agreed to pay $500 to authority it until he could get it inspected on his day off.
“I said, ‘I appetite a acceptable truck. This money’s refundable, right?'” explained Finley to Target 8.
“‘Oh, yeah, it’s refundable, but you don’t appetite the money, you appetite the truck,'” he recalled the salesman saying.
But Finley says the analysis showed assorted problems and he no best capital to buy it. He asked for his drop back, but says AA Auto banned to about-face it over.
AA Auto Sales owner, Alan Anderson, banned to allege with Target 8 on camera, but did accredit us to his attorney, Peter Bosch. Bosch acicular out that Finley had active a acquirement acceding aback he paid the drop and AA Auto had paid $440 to accouterments the barter so it could cull a fifth caster bivouac to booty horses. Bosch said “common sense” says the dealership would not acquire invested that money if Finley had not clearly agreed to acquirement the vehicle.
Finley insists he never told AA Auto to do any assignment on the truck.
“I still acquire no barter and no money,” he said. “That’s 40 hours’ account of assignment for me. I’m aloof a common person.”
AA Auto Sales currently has an A- appraisement with the Better Business Bureau of Western Michigan.
Experts action the afterward admonition for abeyant buyers who put deposits bottomward to authority vehicles:
Get it in autograph that the money you’re putting bottomward is advised a “refundable deposit” and not “partial payment” for the vehicle.Read the accomplished print. While the advanced of the acquirement acceding Finley active said, “The client may … acquire a abounding refund,” the aback of it included the clause, “If you abort or debris to acquire commitment of the agent or accede with this Agreement, we may accumulate as asleep amercement any banknote drop you made, to the admeasurement not banned by law.”Use a acclaim agenda to put bottomward the deposit. That way, if there’s a problem, you can altercation the allegation with your acclaim agenda company. If you use cash, like Finley did, it’s harder to accost your deposit.
The BBB offered the afterward accepted tips to accumulate in apperception aback purchasing a vehicle:
Don’t be rushed. Give the action your absorbed absorption and acquiesce affluence of time to ask questions, audit the agent and booty a analysis drive.Ask specific questions about a vehicle’s history and condition. If a agent indicates that a agent has been “checked over,” ask for specific details. Was it a automated analysis or aloof visual? Has the agent been put up on a lift?Ask for any annal on the vehicle, including those accompanying to above-mentioned aliment and any aliment done by the dealer.Ask for a agent history report, such as CARFAX or AutoCheck. If the agent does not accommodate one, acquirement one yourself.Have the agent inspected above-mentioned to purchase. Pre-purchase inspections can amount upwards of $100, but may advice analyze abeyant issues and save on cher aliment added bottomward the road.Remember, there is no binding abandoning aeon in Michigan. Once you acquirement a vehicle, it’s castigation — unless the banker offers a acknowledgment action on its own. Be bright on the acceding of any drop you put down.If you put bottomward a drop on a vehicle, analyze with the banker whether the drop is refundable if you opt not to purchase, and get aggregate in writing. Bring appropriate abstracts to accomplish paperwork easier and accept what you’re signing.Make abiding you apprehend and absolutely accept the acceding of any paperwork you sign. Ask questions about annihilation that doesn’t accomplish faculty or differs from what you’ve discussed with the salesperson. Get any added commitments fabricated by the banker in writing.If the banker agrees to accomplish or pay for added aliment as a action of purchase, be abiding to acquire these commitments accounting into the contract. This is sometimes referred to as a “We Owe” agreement. Continue Reading