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8-4-2014  · Many people believe that the law gives them three days to change their mind when leaving a deposit for a new or used car with a dealer. Buy into that myth …

With a nonbinding deposit, you have the option of getting a refund if you opt not to buy the car. This might occur if you agree to leave a deposit with the dealership …

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Usually, you should never leave a deposit with a car dealer, but there are some situations when you may be required to do so.

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Leasing a car involves some extra fees that you don’t have to pay when purchasing a car.