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Porsche - return of deposit - watgate
My parents passed away earlier this year and I planned to use part of my inheritance to buy a used Porsche 911 from the Porsche dealer. The business manager, asked me for a deposit of £2000 and he agreed that it would be made on the strict understanding that should funds not come through from the estate, the deposit would be fully refundable.
The estate still has not been sorted so in mid Sptember, it was agreed that the car would be sold by the dealer but since then, they have refused to return the deposit on the grounds that I broke the contract.
There would not have been a contract if the buisiness manager had not agreed to make the deposit fully refundable.
They have lied and cheated and have being completely dishonest in their dealings with me. What part does customer satisfaction play in this?

Please could you advise me what to do next.

Many thanks.

Edited by BorisTheSpider on 05/12/2010 at 09:43

Porsche - return of deposit - wrangler_rover

I'm no legal expert but I was always under the impression that a deposit was a non refundable sum paid by the customer which would act as compensation if the customer backed out.

Having a refundable deposit seems all one sided on the side of the customer with no compensation to the dealer if the customer backs out.

The question I would ask here is Have you got it in writing from the dealer signed & dated that the deposit is refundable if you choose to back out?

Porsche - return of deposit - LucyBC

Unless you have it in writing -- or you can reach agreement with them -- you won't recover it.

If you want me to try and negotiate something on your behalf on a "goodwill" basis from them please send me more details at lucy.bonhamcarter@autolaw.co.uk