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No they cannot keep your down payment unless they sell you the car. You gave them that money as a down payment to purchase the car--not to borrow it for two weeks. There has been a breach of contract in that you cannot buy the car. The contract is null and void and you get your money back. They shouldn't have put you in the car unless they knew they could get you a loan. The use of the car is the dealer's fault and they have to deal with it.

Even with 200 miles on the car it is still a brand new car because it was never titled in your name. Trust me, they'll still sell it as new. Maybe with the fancy term "demonstrator" and a bogus $500 discount but it will be new.

Two interesting facts. The warranty on a new car doesn't start until it is officially sold. So, a 10 year / 100,000 mile warranty on that car would actually cover it until it has 10 year / 100,212 or however many miles it actually has on it when it is sold.

Second interesting fact. All BMW's sold have at least 50 miles on them when they are sold new. They pride themselves on having actually tested their new cars to be sure all the bugs are worked out.

it must be extra proper to promote your motor vehicle and positioned it in the route of the down charge. the bigger your down charge the a lot less a month you should pay, no longer to point the a lot less in pastime you pays interior the lengthy run. you do have the alternative to positioned 0% down and then positioned the money you produced from you motor vehicle and positioned it in the route of your first month charge. so long because the loan help you to pay more advantageous than your fairly month-to-month charge you should do this too.