- Jurisdiction
- New York
I purchased a car from a friend about three weeks ago. We agreed on a purchase price of $4,500 for the car and I would pay $1,000 deposit for him to hold it, which I have a receipt and signed by the seller. He was going to give me signed title in exchange for the balance end of March, which I would have by then. Now the seller wants to back out of the deal for the car. I am guessing he has another buyer. He wants to give me back the money. I don't have a purchase contract.