# Car Deposit Refundable?

**URL:** <https://forums.speedlife.net/t/car-deposit-refundable/129813>\
**Category:** SON240sx Automotive\
**Created:** [November 24, 2009, 5:49pm UTC](https://forums.speedlife.net/t/car-deposit-refundable/129813 "2009-11-24T17:49:18Z")\
**Posts on this page:** 1\
**Showing post:** 28

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**Author:** ![polishprince](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/polishprince/32/5690_2.png) [@polishprince](https://forums.speedlife.net/u/polishprince)\
**Post date:** [November 25, 2009, 12:25pm UTC](https://forums.speedlife.net/t/car-deposit-refundable/129813/28 "2009-11-25T12:25:55Z")

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> [@Can I build a 1000+ Horsepower engine? Apparently so.](https://forums.speedlife.net/t/can-i-build-a-1000-horsepower-engine-apparently-so/24902/101):
>
> I also work at a dealership and we have deals go south and refund deposits on a regular basis. This clown is blowing smoke up Your ass and probably is under pressure to move that car.
> 
> You are not legally tied to that vehicle, You have a certain amount of time to pass the sale and recieve your deposit back.

this is false, that is the dealers choice. If the contract is signed, it is binding between two parties.

oh and in terms of insurance being too high and writing that letter, that only works if there is a clause on the bill of sale that says pending approval from insurance

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