What does a monthly retainer mean?
What does a monthly retainer mean?
A retainer fee is an amount of money paid in advance by a client to assure your services will be available to them for an extended amount of time. The client pays a lump sum upfront, or makes a recurring monthly payment, and you work with them on a long-term project, or provide them with access to services each month.
Can you get a deposit back if you change your mind?
Can you change your mind after paying a deposit? Absolutely. However, if the terms of your contract state the deposit is non-refundable, then you lose your deposit. If the terms state the deposit is refundable, then you get your money back.
When should you get your deposit back?
within 10 days
Can I get my deposit back on a car if I change my mind?
Usually, if the seller has made you an offer, you’ve accepted it and then paid a car deposit (known as ‘consideration’), you have formed a legally binding contract and won’t be entitled to a car deposit refund except in certain circumstances – for example, the seller has breached the contract or the terms and …
Can you return a financed car back to the dealer?
The hard truth is that most auto dealers aren’t going to let you return a vehicle that you’re financing. You wouldn’t be returning the car to the dealer, but you can get out of the auto loan this way. If you try to sell it back to the dealership, they may not offer you enough money to cover your loan balance.
How long do you have to change your mind after buying a car?
There is a cooling-off law that allows you to change your mind about a purchase within three days, but this law applies only to specific high-pressure buying situations. You can return an item sold to you in your own home or workplace.
What happens if I return my financed car?
If you return the car to the lender, the lender will likely sell it. It will apply the proceeds of the sale to your car loan balance, after reimbursing itself for the costs of sale and certain fees. The car loan lender can demand payment of the deficiency.
Is it better to surrender your car?
Voluntarily surrendering your vehicle may be slightly better than having it repossessed. Unfortunately, both are very negative and will have a serious impact on your credit scores.
What to do with a car that is not worth fixing?
But if you don’t want to spend more money on your car, but you aren’t sure what to do with a car that is not worth fixing, what can you do? The easy answer is to sell it. You can get offers from junkyards near you for the salvage value of your vehicle easily.
Is it worth fixing a transmission?
Rebuilding a transmission can save you a lot of money over the short-term, while keeping car payments out of your monthly budget. For many, rebuilding their transmission is worth the initial cost. Rebuilding a transmission may cost you twenty-five hundred dollars or more, which is a significant chunk of change.
When should you not repair your car?
When repair costs start to exceed the vehicle’s value or one year’s worth of monthly payments on a replacement, it’s time to break up with your car, according to automotive site Edmunds and Consumer Reports, the product review site.
Is it worth fixing your own car?
It is almost always less expensive to repair a car than buy a new one. Although something as severe as a blown motor or a failed transmission will run you between $3,000 and $7,000 to replace at a dealership, such repairs still don’t cost as much as buying a new car. You really need the car to last a while longer.
What is the hardest thing to fix on a car?
1. Replacing an Engine. People who have experienced the agony of replacing an engine, whether it’s your average Joe or a certified auto technician, will say this is the greatest challenge in any car. Cars are expensive, and it can be feasible to change your engine rather than buy a whole new vehicle.
How can I maintain my car myself?
9 Vehicle Maintenance Measures You Can DIY
- Acquaint Yourself With Your Owner’s Manual.
- Check Your Tires Monthly.
- Change Your Oil and Oil Filter on Schedule.
- Replace the Air Filter With Oil Changes.
- Inspect All Other Fluids.
- Examine Belts and Hoses.
- Always Listen and Feel for Brake Issues.
- Replace Wiper Blades as Needed.
