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Old 11-24-2008, 02:57 PM   #15
franknbeans
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Drives: 2010 CAMARO
Join Date: Sep 2008
Location: Pittsburgh-ish - PA
Posts: 4,216
Quote:
Originally Posted by OUR72GTO View Post
They will be the last one to know they are closing , just as the door's lock. THERE ARE LOTS OF DEALERS WHO WILL CLOSE before GM would go down. That is part of the problem....they sold too many franchises and they cannibalize each other. The only secure deposit is on VISA or IN TRUST with a lawyer.
There's no way they can't give your deposit back. The dealership did not full fill their end of the agreement. Also in PA deposits are 100% refundable. It doesn't matter what you are securing.

Yes this is a fact. I know this because I have my own DJ business and had a lawyer draft up my contract. . changed out deposit for "1st payment".

Payments are not refundable unless stated.
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