[quote]Originally posted by vicky05:
Had a fren having some hardship after booked a new car. He
needs the cash urgently to safe family life.
Would you guys advice if SE could give a settlement for this poor
chap or is he going to loose all the deposits he had given? He
mentioned he may not able to finance that car due to that.

Thank you much for your advice![/quote
Well, once yr frd signed on the dotted line, on legal pt of view
there's no refund of booking fee.
It is
considered yr frd pull of the deal, so fair & square. Unless of
coz the car dealer got compassion then diff story lah. But then
again they r not known for such thing. Another way is to hope that
dealer dun get COE, then can get back full refund.
That's why AAS & finance adviser always warn people to do their
maths before signing on the dotted line and it is also partly the
reason why so many car kena repossessed.