captnjack wrote:
2edgesword wrote:
The deposit is the cost of removing the vehicle from the market. You forfeit the deposit if you back out of the deal. I think the dealer is letting you off lightly by just charging the cost of the new rubber.
"the cost of removing the vehicle from the market"
What does that even mean? Sounds a little like "dealer speak" to me.
Plus I doubt they would "remove it" until it actually sold (deal done and closed out and vehicle fully paid for).
It means that the vehicle is sold pending some final approval. It means the dealer can't commit to selling the vehicle to anyone else for some period of time. If someone came in and was willing to pay cash on the spot for the vehicle an HONEST dealer would tell the person he is not allow to accept the offer pending the outcome of the agreement with the person that left the deposit.