What is the $500 deposit for?

Vroom requires a $500 refundable deposit to complete your purchase. It’s the final step in our process, after we’ve received a checklist of key items from you (such as a copy of your driver’s license and proof of insurance). The deposit puts a hold on the vehicle, so nobody else can buy it.

Once we receive your deposit, we’ll send you a contract to sign and return. We ask that you complete and sign the contract within 24 hours, or the hold on your vehicle will expire. If the hold expires, your deposit will be refunded.

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