This is one of the dealer scams used by dealerships simply to keep the consumer there. This dealer fraud happens when the finance manager insists that the customer makes a deposit before he/she have signed the final purchase contract.
The customer will typically be told that the finance manager has to bring in a copy of the contract offer to his boss and he needs a deposit from you just to ensure that the boss will sign off on it. The dealer will tell you that it’s used just to make sure that you are “serious” about getting the car.
You can avoid this scam by refusing to give a deposit before the contract is finished and signed by both parties.
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