Quote:
Originally Posted by brianvb
People misunderstand contracts. The deposit makes the contract. You made a contract. By auction. You actually owe ALL THE MONEY. I'm not trying to be rude but the deposit was never refundable. It sealed the deal. Try backing out at an RM Auction, good luck !
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Actually you can if there is gross misrepresentation. I have heard of several cases of people getting their money back even after receiving the car after a big name auction. The contract he entered was to purchase said vehicle in said condition. If it is neither said vehicle and/or in said condition the contract is not valid.