Results 1 to 2 of 2

Hybrid View

  1. #1
    Join Date
    Sep 2016
    Posts
    13,916

    Default What Happens if You Change Your Mind After Paying a Deposit on a Used Car

    If you agree to buy a used car, sign an agreement and pay a $1,000 deposit, then change your mind about buying the car, can you get the deposit returned? Are there any laws in Virginia that provide protection to the buyer or seller in a private used car sale?

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: What Happens if You Change Your Mind After Paying a Deposit on a Used Car

    This is a matter of contract law, not one that would involve specific statutory rights. The first place to look for answers is the contract. If you agree that the deposit is non-refundable, then odds are you are not going to be able to recover the deposit. If the contract is silent on refundability, but binds you to purchase the vehicle, the seller may have a claim to part or all of the deposit in association with any cost associated with finding another buyer, or if after a reasonable effort is made the car sells for less than you agreed to pay.

    1. Sponsored Links
       

Similar Threads

  1. Applying to Rent: Can a Landlord Keep Your Deposit if You Change Your Mind About Leasing
    By TargetLevin in forum Landlord-Tenant Law
    Replies: 7
    Last Post: 10-03-2016, 01:36 PM
  2. Subleases: Can a Roommate Keep Your Deposit if You Change Your Mind About Moving In
    By Power2engineer@yahoo.com in forum Landlord-Tenant Law
    Replies: 3
    Last Post: 09-01-2016, 08:21 PM
  3. Establishing an Order: If Answer to Custody Complaint Agrees to Name Change, Can the Mother Change Her Mind
    By kphelps in forum Child Custody, Support and Visitation
    Replies: 1
    Last Post: 09-20-2012, 11:02 PM
  4. Applying to Rent: No Lease Signed, Do You Get a Deposit Back if You Change Your Mind About Moving In
    By panutulashilpa in forum Landlord-Tenant Law
    Replies: 6
    Last Post: 08-31-2012, 11:20 AM
  5. Retail Fraud / Shoplifting: A Change of Mind
    By Hopingforthebest in forum Criminal Charges
    Replies: 2
    Last Post: 11-02-2008, 08:44 PM
 
 
Sponsored Links

Legal Help, Information and Resources