Tips on Buying Cars: Vehicle financing, retail installment sales, internet ray

Question
I went to a dealership on March 30th and financed a vehicle.  On April 28th I was told to bring the vehicle back because I was not able to get financed due to informaion on my credit application was not able to be verified.  I was returned the $1000 value of my trade in but never received the $2000 cash downpayent I gave.  I was told that the dealership is protected by a "bail agreement" that allows them to keep my down payment.  I have not been able to find anything pretaining to a bail agreement in my contract.  Do I have any rights?

Answer
Hi Angela

I been in the business 40 years and never heard such crap " the dealer is allowed to keep your deposit when you could not get financed ??? ,,, they are trying you on for size.

I know your credit is not perfect for this to happen,,,look at the papers/ contract you signed " is it called  "    Retail Installment Sales Contract " ???

I would like to help you recover your balance deposit, but need some questions answered, leave a phone # with best time to call,,, and make sure you check the make private box,,, or your number will be all over the Internet.

Ray    http://www.usedcartips.org/