emile
United States of America#2Author of original report
Thu, February 07, 2013
It is true that I should have insisted on a written contract prior to leaving a deposit, and I did in fact have a contract that the deposit would be returned if the deal did not come to fruition. However, having or not having a written contract is not an excuse for what is criminal behavior. The dealership was intending to front load a car loan in New York State which is against the law. Even in those states where it is not against the law, it is clearly unethical. It is my hope that my story serves asa warning to potention patrons of this dealership.
coast
USA#3Consumer Comment
Thu, February 07, 2013
A deposit should not be paid until AFTER the bill of sale or a contract is written indicating the terms of the agreement. The bill of sale should clearly show the amount due after the deposit. If the buyer puts up the deposit without that documentation they take the chance of the seller changing the terms of the verbal agreement.