Typical deposit?
#1
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What is a "typical" deposit to put up for a special order car? How much $$$ are you guys putting down on the 05 Stang when you order it?
$500 sounds reasonable to me; one local dealer wants $1,000. That's OK if the deal goes through, but you don't want to have to arm wrestle to get your money back if the order is cancelled for any reason.
Comments and advice, please. Thanks.
$500 sounds reasonable to me; one local dealer wants $1,000. That's OK if the deal goes through, but you don't want to have to arm wrestle to get your money back if the order is cancelled for any reason.
Comments and advice, please. Thanks.
#3
The last mustang I bought, I bought at a small town dealer, they wanted a $500 deposit. The city dealership that I had originally talked to wanted $1000 deposit. (In the end, they asked me to leave the dealership, because of a heated discussion I had with their sales manager. I'll always buy at small town dealerships now.)
#4
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My dealer said he needed zip. I would not do it unless you had it in writing that the deposit is refundable. I know many others have not had to put anything down for a deposit.
Jason
Jason
#6
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Interesting that no deposit was required of several of you. I suppose the dealer figures there's no risk of selling a hot commodity if the guy who orders wants out.
Yes, a refundable deposit is a must. If the could not fill the order, I would not want the car.
Any one else want to weigh in on the deposit question??
Yes, a refundable deposit is a must. If the could not fill the order, I would not want the car.
Any one else want to weigh in on the deposit question??
#8
Legacy TMS Member
My dealer asked for a deposit, but I told him I would have to mail it. Since he was about to go on vacation, he said just hold on to it. When he got back, I mailed him a check. But when I picked the car up yesterday, I found out he never cashed it.
#9
Tasca Super Boss 429 Member
Originally posted by Kluski@November 19, 2004, 1:30 PM
My dealer asked for a deposit, but I told him I would have to mail it. Since he was about to go on vacation, he said just hold on to it. When he got back, I mailed him a check. But when I picked the car up yesterday, I found out he never cashed it.
My dealer asked for a deposit, but I told him I would have to mail it. Since he was about to go on vacation, he said just hold on to it. When he got back, I mailed him a check. But when I picked the car up yesterday, I found out he never cashed it.
#11
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We don't ask for deposits on any orders. If you don't take the vehicle, we put it on the lot and sell it. If we don't have any mutual trust at this point we shouldn't be doing business.
#13
I put down $1000. Non-refundable.
Hopefully, you won't see me posting some horror story about that later.
All seems to be going well with my order so far though.
I'm hoping for delivery in the next 14-21 days. Shoulda been built this week, but I'm afraid to check yet.
Hopefully, you won't see me posting some horror story about that later.
All seems to be going well with my order so far though.
I'm hoping for delivery in the next 14-21 days. Shoulda been built this week, but I'm afraid to check yet.
#17
i put $500 down just to show i was serious. deposits should be refundable in most states unless you ordered something really wierd like some ugly color combo that the dealer can't sell if you back out.
dealer did cash my $500 check
dealer did cash my $500 check
#18
Originally posted by Karpro@November 19, 2004, 3:02 PM
We don't ask for deposits on any orders. If you don't take the vehicle, we put it on the lot and sell it. If we don't have any mutual trust at this point we shouldn't be doing business.
We don't ask for deposits on any orders. If you don't take the vehicle, we put it on the lot and sell it. If we don't have any mutual trust at this point we shouldn't be doing business.
#20
I put $0 down and got A plan, but I was friends with the salesman. Otherwise I would have put $500 down to help prove we had a binding contract in case they tried any funny business.