Hi all!!

I found a local dealer willing to take GMID pricing but require a deposit when ordering a vehicle. They mentioned that if I decide to not get the vehicle, I would have to wait until the car is sold before my deposit is refunded. Understood.

Now the question is, what if the car has not actually been ordered yet (due to dealer allocations) and I want to cancel my order. It sounds like it's would be sitting in the queue. Could the dealer be able to take it off the queue and hence return my deposit before the order actually goes through?

Thanks for any info!

 

What is GMID ?????

 

quit trying to stroke a dealership....if you made an agreement,went in there and took someones time, they are honoring GMID buy the damned car....sheesh

 

I'd expect my deposit back if the car hasn't been ordered.

 

Check the GMID thread up near the top, you might not even get GMID if you order a car and recieve it later then Sept 30th.

 

Seems very clear to me......there's only ONE WAY to get a refund.

Only one way.!

"wait until the car is sold before my deposit is refunded"

Has the car been sold?

No.....

The fact that it's not built yet is not an excuse given the 'agreement' that there's only one way to get your deposit back.

I'm sure you don't like that....but it's the agreement you made.

If the car hasn't been built yet - that certainly does delay the refund!

But, no refund is available until 'the car is sold'.

Sorry......

 

Why should a dealer hold a deposit for a car that hasn't been ordered yet due to their lack of allocations? They haven't lost anything. They can use their allocation (whenever they finally get one) for another customer or to order the car however they want it for stock.

Holding a deposit under those circumstances is a spiteful act of a disreputable dealer.

 

I got my deposit back on the first order I placed for my Vette after it was built, but before it was even delivered to the dealer's lot. I had to cancel it due to the order not being correct, but that's a whole nother story.

 

more dealer

 

If the car isn't even ordered why wouldn't you be entitled to your deposit back? I'm sure there are state laws governing this one. I give a someone a deposit for special furniture, they don't order it but I still can't get my deposit back? No acceptable because they haven't fullfilled their half of the contract...

 

 

Man, you should all order your vette's where we did. We ordered our car and no deposit was required.......

 

You should get your deposit back if the car CANNOT be ordered by your dealership. They have no allocation, so they cannot order you one. They SHOULD give it back to you, but it sounds like they are not obligatied to do so. Its a bad move by the dealership if they will not return it.

 

You should be able to get your deposit back BUT you did agreed to his conditions.

 

Thanks all for your opinions. Believe it or not, I am not trying to pull a fast one over on the dealership by any means. In fact, based on my experience so far, I would recommend this dealership to anyone who asks. I am just wondering what are reasonable expectations.

There is one concern, however, and that is: what if they never order the car (or they keep pushing it to the back of the queue) AND keep the desposit (because, technically, they haven't sold the car yet)? I have no problems if the dealership keeps the money as long as the order of the queue is maintained but I can also see them coming back and saying the car is still in the queue but I see tons of cars rolling through the dealership.

Anyway, thanks again everyone! It's always interesting to hear different opinions.

 

If there was no 'requirement' that the dealer actually order the car in your agreement by a certain date, then you're legally out of luck.

The agreement (as you explained in your original post) did not included that requirement. There was only one way to get your deposit back.

You entered into a legal agreement with the dealership.

The dealership made no representation (in the agreement) as to when it would order or even if it had an allocation (in the agreement). Even if the salesperson said, "yea, we get all of our Corvettes pretty quickly."

Contracts are legal documents and the very first thing that you as a buyer need to do is read and understand it is a sales contract from an auto dealership says. And know, it is written and reviewed by the dealer's attys.

I know that your situation is not fair or even good business practice - but it is a contract. And it means what it says......not what you want after the fact.

If you have conditions that you want in your sales agreement - WRITE THEM INTO THE AGREEEMENT - before you or the dealership signs.

A sales agreement is a negation and you as a buyer do not (even if the dealer say no changes to the printed agreement) need to accept only what the dealership offers.

As an example, I always write on my sales agreements for new cars (and the dealers rant and rave!!!) 'No dealership sticker or ID of any type can be attached to the body of the car by any means.'

No drilling or sticking or whatever.

In the case of Corvette orders, write onto the agreement time limits such as allocation, work stoppage, or delivery delay beyond the date of MM/DD/YYYY. Give the dealer a fair amount of time (discuss it) and they won't like it, but it protects you.

Include "In the event the car ordered does not contain each option ordered or is available for customer delivery by MM/DD/YYYY, a full refund of the deposit of $ #### will be made within 7 days of the agreed delivery date and the sales agreement is canceled."

Now, you're back in control. Remember the Golden Rule - who ever has the Gold (the money to buy the car {you} makes the rules!)

You want the car, but the dealership cannot rake you over the coals.

If the car arrives and is purple instead of the Victory Red you ordered, there won't be any pain and suffering.

I'm not saying that you need a lawyer to buy a car......just remember that they have a lawyer who's reviewed what the dealership includes in the agreement.

And the dealer will probably not like you taking such a strong position. Remember it's a legal document that clearly spells out all of the conditions.

And once it's signed - the negation is over.

 

Good post! but how does this work when you are buying a car from an online dealer. I am thinking of going with the Chevy Peddler, and I expect to receive the exact car I ordered or No Deal!

 

I have a deposit on a 07 Z for a Dec. or Jan build at sticker price. Supposedly refundable up until the day the order goes in. After that I da Know.

If the order has not gone in you should get your deposit back. Circumstances sometimes change while waiting. If it is a decent dealer they will not hold your money until the car is sold.

my 2cents

 

As it turns out, the dealer will fully refund the deposit if the order hasn't been placed. Once the order goes through though, you're out of luck.

Thanks for the reponses everyone.

 

To answer your question about on-line dealers:
I ordered from Rick @ Les Stanford, over the phone and e-mail. $1000.00 refundable deposit. If I don't want the car, no problem. I did order NCM so it went like this. If I did'nt want the car after it was built, I would have to pay to have it shipped to les Stanford, which is understandable. But he was clear that until the car was built, a refund of my deposit was not a problem.

When the car was built and it was time to pay, he sent me a copy of the BARS document which has the VIN# and all the options and related costs. his document showed me that the car was built how I ordered it.