Car sale fell through – can i get my deposit back?

A ‘friend’ agreed to sell me his car for $2,500, I paid a deposit of $200. I then found a better car I wished to buy instead (for the same price). I asked for my deposit back but he said he didn’t have to give it to me. Is this true?

Law Noob Asked on 15 September 2015 in Contract Law.
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