TwinTurbo.NET: Nissan 300ZX forum - Different places of business use it differently
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Subject Different places of business use it differently
     
Posted by en5 on February 16, 2009 at 10:50 AM
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In Reply To But wouldn't that mean that anytime you put a deposit posted by bt300z32 on February 16, 2009 at 10:30 AM
     
Message I'm sure we've all seen non-refundable deposits before, half refund, and full refund. If you go to book a cruise, and you have to put down a $500 deposit, and then you don't pay the rest, you don't get your money back. Same with purchasing cars off individuals generally.

I give you a deposit in good faith that I will come up with the rest of the money while you don't sell it to someone else. If I don't get the money together, you keep the deposit. If you sell it before the agreed upon time, then yes you would get your money back.

The OP is just wondering how they can ensure that if something happens and the car is no longer available at the agreed time how they can be ensured to get their deposit back.

     
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