Since it is a deposit, it will definitely be refunded. However, there are certain conditions for the refund of the deposit. Generally, the guarantee company will inform the borrower when applying for a car loan. As long as there are no more than 3 overdues, the loan will be refunded after the loan is settled. , the deposit will be returned one cent at a time, which means that as long as you repay the car loan normally, the deposit will be refunded after paying off the car loan. However, it should be noted that in some cases the deposit you paid may not be refunded. The guarantee company will find various reasons not to refund the deposit to you. The common reasons for not refunding the deposit are the following two: 1. The car loan is overdue. If you make more than three overdue payments within the repayment period of the car loan, the guarantee company will not return the deposit to you. 2. Failure to buy car insurance from a designated insurance company. We know that buying a car requires buying car insurance. Some guarantee companies will require the borrower to buy insurance from a designated insurance company. If the borrower does not buy insurance, or does not buy insurance through someone within the guarantee company, , then it is basically difficult to get the deposit back