# are deposits on vehicles from the dealer refundable?

**URL:** https://forums.speedlife.net/t/are-deposits-on-vehicles-from-the-dealer-refundable/260971
**Category:** Shift518 Automotive
**Created:** [October 22, 2011, 11:18am UTC](https://forums.speedlife.net/t/are-deposits-on-vehicles-from-the-dealer-refundable/260971 "2011-10-22T11:18:31Z")
**Posts on this page:** 1
**Showing post:** 20

<div class="post-metadata">

### Author: ![jdaniels](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jdaniels/32/6399_2.png) [@jdaniels](https://forums.speedlife.net/u/jdaniels)
#### Post date: [October 24, 2011, 8:14am UTC](https://forums.speedlife.net/t/are-deposits-on-vehicles-from-the-dealer-refundable/260971/20 "2011-10-24T08:14:19Z")

</div>

> [@FF: Gas grill](https://forums.speedlife.net/t/ff-gas-grill/46168/6):
>
> the dealer (if written into their buyers agreement) is allowed to keep the deposit or up to 15% of the price of the vehicle as a “re-stocking fee”

It doesn’t have to be written into the buyers agreement at all.

Per BBB Upstate NY website:

> Many consumers are under the false impression that there is a law which entitles them to a refund made on a car deposit if they choose not to buy the car.
> 
> There is no such law.
> 
> Car deposits are non-refundable, unless the contract or sales receipt specifically contains a refund policy.
> 
> Before signing on the dotted line or making a deposit, inquire what the dealership’s policy is. If the contract does not contain a refund policy on car deposits, you may request one be written in the contract, or be written on an addendum attached to the contract.

---

_[View the full topic](https://forums.speedlife.net/t/are-deposits-on-vehicles-from-the-dealer-refundable/260971)._