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Can a car dealer return a down payment?
If you back out of the deal, will the car dealer return your down payment? I want to put a down payment on a car, but I have some concerns about it.
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Legally, the dealer can cancel the purchase order up to 10 days after you buy the vehicle. As part of this agreement, you have to return the car and the dealer has to return your down payment.”
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