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The purpose of the deposit is to show.
As the seller of a vehicle you may find a buyer who wants to pay a deposit to secure the sale, with the balance to be paid later.
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A vehicle deposit agreement is an agreement which is made at the time when the owner of a vehicle wishes to deposit his vehicle with an agency which is responsible for keeping the vehicle safely for the duration of the agreement. Most deposits or money down are not refundable unless stated otherwise. We've seen many complaints over the years from consumers who thought they had a right to get.
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