5K non-refundable for me. My dealer has allocation of 3 if that makes a difference here. frankly I don't care if it's non-refundable or not...... unless I die between now and delivery I will take the care no doubt! :thumbs:
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hmmm...weird my first post on this thread went in ahead of the OP??? :crazy:
and so did this one... |
Refundable or Non-Refundable Deposits?
Which are you being quoted?
A dealership is insisting $5k non-refundable deposit. If that's the industry standard then I'm okay with it, but if the majority out there are allowing a refundable deposit I'd like to know, thanks. |
From what's been said in other threads, I think the majority of people have put down $1,000 refundable deposits.
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All deposits should be refundable. Period. Its not like they're not gonna sell the car after they get it.
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Most dealerships will refund your money until your order reaches 2500 event code and can no longer be changed.
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:Your poll does not include no deposit or other therefore not a valid poll.
I can not reply to the poll because I had to leave no deposit with my dealer and my order is at 3000, some local dealers who know customers do not play that game. Only when a allocation was assigned to my order did I need to come up with any form of deposit. And at that point the order is going forward to the factory.:cheers: |
Originally Posted by DCBE
(Post 1584275693)
:Your poll does not include no deposit or other therefore not a valid poll.
I can not reply to the poll because I had to leave no deposit with my dealer and my order is at 3000, some local dealers who know customers do not play that game. Only when a allocation was assigned to my order did I need to come up with any form of deposit. And at that point the order is going forward to the factory.:cheers: |
Originally Posted by Stingray23
(Post 1584274919)
All deposits should be refundable. Period. Its not like they're not gonna sell the car after they get it.
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For non-refundable deposits where the vehicle is being financed, do they do the credit application and approve financing at the time you make the deposit? Or is that part done when the car arrives? If its the latter, what happens to your deposit if hypothetically they don't approve financing?
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Refundable $1000 for me. Using a forum dealer for first time.
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Originally Posted by Achmed
(Post 1584284188)
For non-refundable deposits where the vehicle is being financed, do they do the credit application and approve financing at the time you make the deposit? Or is that part done when the car arrives? If its the latter, what happens to your deposit if hypothetically they don't approve financing?
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Refundable $1,000 deposit for me. They'll be holding it a year by the time the verts start rolling off.
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Originally Posted by Achmed
(Post 1584274869)
Which are you being quoted?
A dealership is insisting $5k non-refundable deposit. If that's the industry standard then I'm okay with it, but if the majority out there are allowing a refundable deposit I'd like to know, thanks. I put $1000 100% refundable until I place the order for the car. This car isn't even in production yet. For a dealer to ask for an non-refundable deposit is close to stealing. I also bet you if you pushed him, he'd give the money back. Certainly he could resell the car unless it was in some crazy color combo. |
Originally Posted by Zymurgy
(Post 1584284985)
My dealer did not ask if I would be financing or not, so no credit application. That would be done when closing the transaction. Can't answer the hypothetical question as that is simply not a concern for me.
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