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#1 |
![]() Drives: Cadillac Escalade Join Date: Oct 2008
Location: The Bay Area
Posts: 7
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What happens if you cancel your order
Not that I plan on doing so, but if you placed an order and put a deposit down and signed a paper saying you agree to buy it at msrp etc etc, what if you decided a couple months down the road before the car comes that you don't want to buy it and back out?
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#2 |
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Camaro Deprived
Drives: 78 Camaro, 00 Tahoe, 10 Cobalt Join Date: May 2008
Location: Kaneohe, HI
Posts: 580
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im guessing you would lose atleast something. do you have a copy of your contract?
it should have a section in it about what happens upon cancellation.
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My posts are of my opinion most of the time.
I am young and inexperienced. Please don't hate on me for it. Joined Active Navy: 10-28-08 |
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#3 |
![]() Drives: '10 Black 1SS/RS Join Date: Jun 2008
Location: Honolulu, HI
Posts: 358
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my dealer said because they need to be compensated in some way for having a car they ordered i would get a full refund if and when the gets sold provided it's sold within 30 days. but i would think this would be the dealers call on how they want to handle deposits
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VIN # 11879, 1SS/RS, born 5/22/2009.
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#4 |
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www.Camaro5store.com
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then someone else is one lucky sob!!!
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#5 |
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Love's to Detail
Drives: 2010 SS,97silverado/08crewcab Join Date: Oct 2008
Location: Greenville SC.
Posts: 1,421
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all this talk about vettes has now got me thinking ,Hmm.. which one..I mean thats a corvette for cryin out loud, for about the same as loaded camaro, okay for the question. if I cancel my order now (before gm picks it up)will I get my $1000.00 dep. back,I would assume so , just wanted to make sure.
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#6 |
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Moderator
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One of these shows up.
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RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet//
Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban |
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#7 |
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Love's to Detail
Drives: 2010 SS,97silverado/08crewcab Join Date: Oct 2008
Location: Greenville SC.
Posts: 1,421
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#8 | |
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SoCal Race Team #13
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Quote:
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A.K.A - Diarmadhi (old handle) - So much to do.. So little money
Owner : Fast-Stache Industries LLC |
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#9 |
![]() Drives: 2002 Trans AM WS6 Join Date: Nov 2008
Location: Chicago
Posts: 30
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That was the first question I asked before I made a deposit. The dealer I went to told me that its 100% refundable if I dont like the car or decide to back out. I aslo used my check card instead of wrighting a check so I can challenge the deposit if they refuse to give it back to me.
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#10 |
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just can't seem to leave
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^^ make sure the refundability is in writing. all the dealers i've talked to say it's non-refundable because you're entering into a buying commitment. after all, they're purchasing a car from GM. if they buy one for you & you decide not to buy it from them, then they have to risk eating the cost if it don't sell (not that it won't). a non-refundable deposit is more of an assurance thing for them because it 'means' you're more serious about really buying the car.
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Eve ('00 FRC): hot-air intake
Rowan ('09 H3): 5spd mom-mobile Penny ('99 Sierra): 5.3 / HD 5spd... gone but not forgotten Samson ('18 HD): compounded 408 |
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#11 |
![]() Drives: Black/Black 2SS/RS Join Date: Oct 2008
Location: Dayton, OH
Posts: 732
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They told me I'd only lose my deposit...they'll sell the car and they know it.
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#12 |
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7 year Cancer Survivor!
Drives: 17 Cruze RS, 07 G6 GT, 99 Astro Join Date: Dec 2007
Location: East Tennessee
Posts: 21,546
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As on every business transaction the key phrase i always tell everyone "GET IT IN WRITING! Signed and dated by the manager not the salesman.
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Cancer's a bitch! Enjoy life while you can! LIVE, LOVE, DRIVE...
The Bird is the word! |
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#13 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2SS/RS Join Date: Sep 2008
Location: Western North Carolina
Posts: 7,359
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Is it in writing and did you agree to it before you paid? The reason why I ask is unless it is in writing and both parties signed, it is ILLEGAL for a dealer to keep your money if you back out of the purchase in any shape or form. The current consumer laws state that the money is 100% yours until you purchase the car.
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#14 | |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: X-15 Velocipede Join Date: Mar 2008
Location: SW Florida
Posts: 4,630
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Quote:
That's the LAW in Florida. State Attorney General will enforce it, if necessary. Just explaining that to a scummy dealer got my money back, ask for the General Manager. -------------------------------------------------------------------------- And you won't see these: ![]() Because Scott owns one or more Corvettes himself. |
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