Typical deposit?
11/19/04, 02:05 PM
#22
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My dealer required no deposit but this was not my first purchase there. Will order another one for delivery in March without a deposit. I don't know why any dealer would require a large deposit as they can sell them in a flash if you back out. Maybe that binds the deal. $1000.00 non-refundable deposit. Thats crazy for sure. NO WAY would I ever do that. Don't take this the wrong way but that was not a very smart move.
11/19/04, 02:41 PM
#23
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'Zero' downpayment..... My dealer said they want to get as many GT's as they can over their normal allocation. 
There are 3 or 4 people signed onto my car as buyers if I refuse it......
There are 3 or 4 people signed onto my car as buyers if I refuse it......
11/19/04, 02:44 PM
#24
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Originally posted by kintaro@November 19, 2004, 1:06 PM
I ordered yesterday (although it was missing IUP so it's going to have to be redone today) and I put $500 deposit with X-Plan.
I ordered yesterday (although it was missing IUP so it's going to have to be redone today) and I put $500 deposit with X-Plan.
Probably all of us don't want weak bladders in our new toy....'ya think? 
11/19/04, 03:47 PM
#27
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$500 down. Never dealt with this dealership before, and they also cashed it. Not a big deal tho as the only thing that will cause me to back out is if they sell the car out from under me to make a bigger profit or if they were to suddenly want to re-negotiate a bigger profit (bigger than the 1,700 ish they are STILL making offa me)
11/19/04, 05:18 PM
#29
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I didn't put 10 cents down when I ordered. I just picked up the phone and told the owner what I wanted. Seven weeks later the car was here I put together the deal based on our conversation of fair pricing (500 over invoice, AQHS discount $500) and took delivery with a check.
11/19/04, 05:49 PM
#31
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I had a very good quote but the dealer asked for a 1K non-refundable deposit. I didn't feel comfortable with any amount non-refundable. Anything can go wrong. Now a 1k refundable would be a different story, I would of done it!
11/19/04, 06:23 PM
#32
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Originally posted by Karpro@November 19, 2004, 2:02 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.
11/19/04, 06:35 PM
#33
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Originally posted by Mongoose@November 19, 2004, 3:08 PM
My dealer required no deposit but this was not my first purchase there. Will order another one for delivery in March without a deposit. I don't know why any dealer would require a large deposit as they can sell them in a flash if you back out. Maybe that binds the deal. $1000.00 non-refundable deposit. Thats crazy for sure. NO WAY would I ever do that. Don't take this the wrong way but that was not a very smart move.
My dealer required no deposit but this was not my first purchase there. Will order another one for delivery in March without a deposit. I don't know why any dealer would require a large deposit as they can sell them in a flash if you back out. Maybe that binds the deal. $1000.00 non-refundable deposit. Thats crazy for sure. NO WAY would I ever do that. Don't take this the wrong way but that was not a very smart move.
I imagine what might go wrong is *when* I get the car I want. But I've been tracking the order through Ford and the dealer and up to now things seems to be going ok.
I suppose non-refundable is not the norm, but I bet a *lot* of dealers ask for it and a *lot* of customers do it. I trust these guys and I don't think asking for it automatically means you're an evil dealer who is going to rip somebody off. However I'm sure that all evil dealers ask for non-refundable deposits.
11/19/04, 07:32 PM
#37
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You should put down a deposit if you are seriously wanting a Mustang.
Lets say you order any vehicle and dont put a deposit down. What if the vehicle came in on a day that your salesperson was off? What if a salesperson sells the vehicle.
When you put a deposit down on a vehicle, it ensures that no other person can come in and buy the car. When you have money on a vehicle, it cant be sold to anyone else. when I order a car for someone, its $500 down. That customers name is written on the order and when the car comes in, its keys are given directly to me when the car is unloaded and prepped. It also keeps any salespeople from joy riding the car. One of my customers on here was lucky enough to see his car unloaded and prepped. While he was there, 3 people were in the wings trying to get the car if he didnt take delivery. If there was no deposit on the vehicle, they could have opened the doors, got in and pawed all over it. Because of the deposit, I had the keys. No one drove the car. No one crawled all through it. The car was driven only by the necessary people.
Just my humble opinion and the way I will always do it.
Jaime
Lets say you order any vehicle and dont put a deposit down. What if the vehicle came in on a day that your salesperson was off? What if a salesperson sells the vehicle.
When you put a deposit down on a vehicle, it ensures that no other person can come in and buy the car. When you have money on a vehicle, it cant be sold to anyone else. when I order a car for someone, its $500 down. That customers name is written on the order and when the car comes in, its keys are given directly to me when the car is unloaded and prepped. It also keeps any salespeople from joy riding the car. One of my customers on here was lucky enough to see his car unloaded and prepped. While he was there, 3 people were in the wings trying to get the car if he didnt take delivery. If there was no deposit on the vehicle, they could have opened the doors, got in and pawed all over it. Because of the deposit, I had the keys. No one drove the car. No one crawled all through it. The car was driven only by the necessary people.
Just my humble opinion and the way I will always do it.
Jaime
11/19/04, 09:28 PM
#38
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Originally posted by jrscobra@November 19, 2004, 8:35 PM
You should put down a deposit if you are seriously wanting a Mustang.
Lets say you order any vehicle and dont put a deposit down. What if the vehicle came in on a day that your salesperson was off? What if a salesperson sells the vehicle.
When you put a deposit down on a vehicle, it ensures that no other person can come in and buy the car. When you have money on a vehicle, it cant be sold to anyone else. when I order a car for someone, its $500 down. That customers name is written on the order and when the car comes in, its keys are given directly to me when the car is unloaded and prepped. It also keeps any salespeople from joy riding the car. One of my customers on here was lucky enough to see his car unloaded and prepped. While he was there, 3 people were in the wings trying to get the car if he didnt take delivery. If there was no deposit on the vehicle, they could have opened the doors, got in and pawed all over it. Because of the deposit, I had the keys. No one drove the car. No one crawled all through it. The car was driven only by the necessary people.
Just my humble opinion and the way I will always do it.
Jaime
You should put down a deposit if you are seriously wanting a Mustang.
Lets say you order any vehicle and dont put a deposit down. What if the vehicle came in on a day that your salesperson was off? What if a salesperson sells the vehicle.
When you put a deposit down on a vehicle, it ensures that no other person can come in and buy the car. When you have money on a vehicle, it cant be sold to anyone else. when I order a car for someone, its $500 down. That customers name is written on the order and when the car comes in, its keys are given directly to me when the car is unloaded and prepped. It also keeps any salespeople from joy riding the car. One of my customers on here was lucky enough to see his car unloaded and prepped. While he was there, 3 people were in the wings trying to get the car if he didnt take delivery. If there was no deposit on the vehicle, they could have opened the doors, got in and pawed all over it. Because of the deposit, I had the keys. No one drove the car. No one crawled all through it. The car was driven only by the necessary people.
Just my humble opinion and the way I will always do it.
Jaime
11/20/04, 07:13 AM
#39
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I ordered a 05 GT Convertible with no money down. The order sheet states right on it "Vehicle Not For Sale". If the car has more miles on it than I think is necessary I'll walk. Also, if I did do a deposit, I would have made sure it was fully refundable if I changed my mind. I'm still open to better offers, with the advent of the internet I can shop all over the country. Some dealers get it, some don't. I asked the dealer where I ordered, "What if I find a better deal", He said " Well you should take it." They offered $500 under MSRP and threw in the 10yr/100,00 mile warranty. I know I can get it for Invoice at other dealers, but do I want to drive/fly 1000miles to do it. Maybe, I still have time to decide.
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