shum02 wrote:
mich800 wrote:
shum02 wrote:
I use a CC to put down the deposit. If I change my mind and the dealer is not like minded I've only had to make a call to the CC company to have the charges reversed. YMMV.
That only works if you are not obligated to make the payment via an executed contract. The cc companies are not your guardian angel for bad business decisions.
A deposit, did not take delivery. Sometimes you need more time than you thought to make that decision. "Buyers remorse" is very unpleasant and getting stuck losing a deposit just adds to the punch to the stomach. I've actually also wrote in a "back out - cooling off" clause to these purchases, not on ordered units mind you, dealer stock, and have never had a issue from anyone on the other side of the table.
"I've actually also wrote in a "back out - cooling off" clause to these purchases, not on ordered units mind you, dealer stock, and have never had a issue from anyone on the other side of the table."
That is far different from entering into a contract and backing out and attempting to unilaterally modify the contract with your credit card company. While all the things you stated are true we are still all adults capable of making informed decisions. Just because someone has a change of heart does not mean the other party is required toss out the agreement. It is easy to villainize the perceived deep pocket but they must have their reasons at least in this case not to exercise their right to rescind the contract.
I am not taking anyone's side. There are good and bad reasons/results for every decision. If I was the dealer I would probably refunded the deposit. But on the other hand I don't think I would post here the dealer is somehow not above board because they did what they said they would.
Would it be ok for OP to obtain a loan drive to the dealer to pick up the TT only to find out the dealer found a buyer that would pay more and the TT was gone?