Location 342 West Putnam Avenue Greenwich, CT 06830
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Rare Classic Ferraris For Sale

Looking for a classic Ferrari? Look no further! The dealership has some rare classic Ferraris for sale at the moment. Whether you’re looking for a beautiful red classic Ferrari or something a little more unique, we have just what you’re looking for. So come on down and take a look at our amazing selection! Rare […]

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Ferrari 488 Pista Performance Features

The Ferrari 488 Pista is the latest and most powerful member of the Prancing Horse’s mid-engine V8 family. Named for Italy’s famed racetracks, this track-focused model delivers blistering performance with enhanced dynamics and agility. Throughout this article, we will take a closer look at a model breakdown as well as the capabilities and...

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Ferrari Servicing in Greenwich: Expert Maintenance and Repair Services

If you’re the proud owner of a Ferrari, then you know that it’s not just any car. It requires expert maintenance and repair services to keep it running in top condition. Here at our dealership, we have years of experience servicing Ferraris and our team knows exactly what needs to be done to keep your […]

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Ferrari 296 GTB Coming Soon

At Ferrari of Greenwich, we are excited to announce that Ferrari has been hard at work developing the 296 GTB, a car that is set to redefine what it means to be a supercar. With specs like 0-60 in 2.8 seconds and a top speed of over 200 mph, this car is sure to impress […]

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Low Mileage Ferrari Cars For Sale

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Tips for Financing a Ferrari

Here at Ferrari of Greenwich, we know that financing a Ferrari can be a daunting task. When financing a car, regardless of the make or model, there are normally many things to consider. Based on your credit history and income level, lenders will factor in these key components when determining loan approval. A lot goes […]

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* Images, prices, and options shown, including vehicle color, trim, options, pricing and other specifications are subject to availability, incentive offerings, current pricing and credit worthiness.The advertised price does not include sales tax, dealer conveyance fee of $799, vehicle registration fees, other fees required by law, finance charges and any documentation charges.

We make every effort to ensure the accuracy of the information on this site, however errors do occur. Please verify all information with a sales associate by calling or e-mailing us.

Insufficient Funds

If a person writes a check without sufficient funds in an associated account to cover it, the check will bounce, or be returned for insufficient funds. Each state has laws regulating how merchants may respond to bounced checks. In Connecticut, the merchant may file a civil suit and press criminal charges if the check writer does not reimburse him for a bounced check after the merchant has sent several notices regarding the matter.

Posted Notice Requirement

Merchants and other business owners who accept checks must post a notice where customers are likely to see it warning them of the potential consequences of writing bad checks. The notice must include the civil penalties that bad check writers may face, the appropriate Connecticut statute number and an advisory that the check writer may also face criminal penalties

Civil and Criminal Penalties

As of 2010, civil courts may require the check writer to reimburse the merchant for the value of the check plus pay up to $750 if he has no back account or $400 if the check is returned for insufficient funds. If the merchant chooses to press criminal charges, the bad check writer may face a fine of up to $1,000 and up to one year in jail. Writing a bad check is a felony charge if the check was for more than $1,000 and a misdemeanor if written for a lesser amount.

Required Written Notices

If a check bounces, the merchant must send the check writer a letter by certified mail at the check writer's last known address or place of business. Usually this letter is sent to the address on the writer's check. The letter must inform the writer that the check was returned ask him to reimburse the merchant for the amount of the check and inform him of the potential criminal or civil penalties if he fails to do so. If the check writers does not respond to the letter within 15 days of receipt, the merchant must send a second letter. This letter must inform the check writer that he has 30 days to reimburse the merchant before the merchant takes legal action against him. Both letters must be written in both English and Spanish.

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