Car Deposit Trouble
January 15, 2005 8:49 AM Subscribe
I've just purchased my very first new car. However, in the process, I visited nine dealerships - 7 of them asked me for a cash deposit before they would even discuss prices with me. The one dealership that I gave a $500CDN deposit to (I later changed my mind on it) took almost 2 hours to refund my deposit. What are my rights, and what are strategies to get around this deposit requirement?