Frequently Asked Questions

Deposits     

Must I provide a customer with a written receipt if they give me a deposit?

Yes.  You must provide a written receipt which must be:

•             Dated;

•             Describe the goods, including model, model year, make and color;

•             State the trade-in allowance;

•             State the time during which the option is binding;

•             State whether or not the deposit is refundable and under what conditions;

•             State any additional costs, such as delivery charges.