Quote:
Originally Posted by wilkiebaby11
It's like going to the car dealership and signing a paper to buy a car the next day. The dealership cannot sell the car to anyone else, but the buyer has the option to back out. It's an AGREEMENT made. It's all just part of the business.
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That isn't correct. Until the deal is funded, every dealership I know (and I know many, I used to own a company called Dealer Advertising Solutions, LLC) will take the money from the first customer that comes up with it, agreement or not.
If you want to see this for yourself, walk into a dealerhsip, yank the salesman's chain for a while and then tell him you'll be back tomorrow to buy a certain car. When you get home, look on the dealership's website and see if that card is still listed or if they removed it in order to hold it for you. I guarantee that it will still be listed. Dealerships DO NOT remove their cars from website inventory until the deal is funded.