Can the deposit for a new car be refunded?
1 Answers
It depends on different situations. Below is a partial introduction to refunding the deposit for a new car: 1. Generally, the deposit cannot be refunded: A deposit is a certain amount of money paid as a guarantee before the contract is concluded or performed. If one party breaches the contract, the breaching party who paid the deposit will not get it back; if the party who received the deposit breaches the contract, they must return double the deposit. 2. Under certain conditions, the deposit can be refunded: There are specific conditions for refunding the deposit, such as when an agreement cannot be reached on the contract terms. Additionally, the contract must be signed within the period stipulated in the subscription agreement, and proof of this is required to get the deposit refunded. Furthermore, for projects like internal subscriptions that lack a sales license or property certificate, since they do not meet the sales conditions, the deposit can be refunded under any circumstances without extensive evidence collection, and legal action can be taken directly. Moreover, judicial interpretation stipulates that if the agreed deposit exceeds 20% of the principal contract amount, the excess portion will not be supported by the court, and the overpaid amount can be refunded.
