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You definitely have recourse to get back your $500 deposit, unless the $500 was credited towards your purchase of the other car. You may also have recourse if the different car that you bought was essentially the same as the car that you should have been able to purchase. Your damages would be the difference in price between the two cars. On the other hand, if the car you purchased cost more because it was worth more, then you wouldn't be entitled to the difference in price since the extra cost went towards the extra value ... in other words, from a legal perspective, there would be no injury in that situation. So, whether or not you have recourse really depends on the specific facts.
Based on what I wrote above, if you believe you have recourse, then you can sue the dealer in small claims court for your damages (i.e., the $500 and the difference in price between the two cars).
Does that answer your question? Please let me know if you need clarification, as I am happy to continue helping you until you are satisfied.
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