Deposit amount?
Melting Slicks
Joined: Sep 2006
Posts: 3,185
Likes: 0
From: Rockmart GA
I put $1000 dollars down for an 08' this past week. I sat with them and helped them punch in all the right RPO codes and got them to print my pre-order out.
Last edited by UTVOL06; May 22, 2007 at 08:00 AM.
Racer
Joined: Aug 2006
Posts: 293
Likes: 1
From: Bayside, NY & Lake Worth, FL
$5,000.00. Kerbeck asked for 10%. I knew I wasn't backing out, and they told me will take about four weeks, so WTF. I assumed they are just a poor dealer and needed the interest for four weeks on $5,000.00 more than I did. In my mind just added to the total cost of the car.
They said they were worried about ordering cars for customers and then customers backing out. The Vette was delivered April 14, 2007 - was at the dealer within four weeks of order.
Coupe, MR, Ebony, A6, Nav- tough car to sell if I backed out.
They said they were worried about ordering cars for customers and then customers backing out. The Vette was delivered April 14, 2007 - was at the dealer within four weeks of order.
Coupe, MR, Ebony, A6, Nav- tough car to sell if I backed out.
Le Mans Master
Joined: Nov 2005
Posts: 5,835
Likes: 6
$5,000.00. Kerbeck asked for 10%. I knew I wasn't backing out, and they told me will take about four weeks, so WTF. I assumed they are just a poor dealer and needed the interest for four weeks on $5,000.00 more than I did. In my mind just added to the total cost of the car.
They said they were worried about ordering cars for customers and then customers backing out. The Vette was delivered April 14, 2007 - was at the dealer within four weeks of order.
Coupe, MR, Ebony, A6, Nav- tough car to sell if I backed out.
They said they were worried about ordering cars for customers and then customers backing out. The Vette was delivered April 14, 2007 - was at the dealer within four weeks of order.
Coupe, MR, Ebony, A6, Nav- tough car to sell if I backed out.
Melting Slicks
Joined: May 2006
Posts: 2,324
Likes: 0
From: MN
I didn't have to put anything for a deposit.
BUT - read the sales contract. Usually, when a dealer has to order a car to your specifications, you're not getting a dime back if you cancel the order later.
BUT - read the sales contract. Usually, when a dealer has to order a car to your specifications, you're not getting a dime back if you cancel the order later.
Melting Slicks
Joined: Jun 2005
Posts: 2,858
Likes: 1
From: Burlington County NJ
really? i also purchased from kerbeck and i believe dave asked for 2000 deposit. in fact, when i told them i was putting 15% downpayment, he thought that was a lot.
$5,000.00. Kerbeck asked for 10%. I knew I wasn't backing out, and they told me will take about four weeks, so WTF. I assumed they are just a poor dealer and needed the interest for four weeks on $5,000.00 more than I did. In my mind just added to the total cost of the car.
They said they were worried about ordering cars for customers and then customers backing out. The Vette was delivered April 14, 2007 - was at the dealer within four weeks of order.
Coupe, MR, Ebony, A6, Nav- tough car to sell if I backed out.
They said they were worried about ordering cars for customers and then customers backing out. The Vette was delivered April 14, 2007 - was at the dealer within four weeks of order.
Coupe, MR, Ebony, A6, Nav- tough car to sell if I backed out.
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Safety Car
Joined: Sep 2006
Posts: 4,566
Likes: 6
From: Land of 10,000 taxes
so should I complain about him having my $2K for two months without interest or do I thank him for getting me $45K for 3 years at no interest (which is now sitting in a bank collecting interest for me)
Moderator
Joined: Feb 2006
Posts: 39,134
Likes: 17,983
From: DFW Area TX
$500 check, but it was never cashed. They returned it to me when I took delivery.
This seems to be the general practice in this area. I order all my cars, and I have never posted a deposit of more than $500. None of these deposit checks have ever been cashed. They have it ready to return to me at closing.
This seems to be the general practice in this area. I order all my cars, and I have never posted a deposit of more than $500. None of these deposit checks have ever been cashed. They have it ready to return to me at closing.
Racer
Joined: Aug 2006
Posts: 293
Likes: 1
From: Bayside, NY & Lake Worth, FL
$5,000.00. Kerbeck asked for 10%. I knew I wasn't backing out, and they told me will take about four weeks, so WTF. I assumed they are just a poor dealer and needed the interest for four weeks on $5,000.00 more than I did. In my mind just added to the total cost of the car.
They said they were worried about ordering cars for customers and then customers backing out. The Vette was delivered April 14, 2007 - was at the dealer within four weeks of order.
Coupe, MR, Ebony, A6, Nav- tough car to sell if I backed out.
They said they were worried about ordering cars for customers and then customers backing out. The Vette was delivered April 14, 2007 - was at the dealer within four weeks of order.
Coupe, MR, Ebony, A6, Nav- tough car to sell if I backed out.
but they read me very well and I guess they scored points with the boss by getting a large deposit.I was and am fully aware I could have walked, but wanted the car and if the interest on $5,000 for four weeks was so important to them ....
Melting Slicks
Joined: Jun 2005
Posts: 2,858
Likes: 1
From: Burlington County NJ
ok - maybe to custom order a car, it's different.
But to purchase a car that is already built - not necessary.
But to purchase a car that is already built - not necessary.
Dave & Amy kept telling me that everyone has to put down a 10% non refundable deposit before they will order a car, no exceptions. I knew this was but they read me very well and I guess they scored points with the boss by getting a large deposit.
I was and am fully aware I could have walked, but wanted the car and if the interest on $5,000 for four weeks was so important to them ....
but they read me very well and I guess they scored points with the boss by getting a large deposit.I was and am fully aware I could have walked, but wanted the car and if the interest on $5,000 for four weeks was so important to them ....
Safety Car
Joined: Dec 2006
Posts: 4,590
Likes: 1,669
From: Pearland / Houston Tx
If you can afford a 50-60k car, what is the difference from giving them $500 or $2000 for 4 weeks. I think most dealers give it back if you cancel the order before it is turned in to BG. Hopefully you have done your research before you order and would have no reason to want to cancel. My .02
Lifetime Supporting Gold
Joined: Sep 2004
Posts: 1,681
Likes: 107
From: Katy TX
I'm just wondering, how much did you guys put down as a deposit when you ordered your car? I've heard numbers ranging from $500-$2000. I am curious, can this figure be bargained? When they say that you can always cancel your order and get your deposit back, is there any written proof or can they just keep your deposit and give you some BS excuse? I understand that this would probably be illegal but I would have no idea what to do in that case....sue them? Thanks in advance for any help!
Thread Starter
Racer
Joined: Mar 2007
Posts: 275
Likes: 0
From: San Diego CA
If you can afford a 50-60k car, what is the difference from giving them $500 or $2000 for 4 weeks. I think most dealers give it back if you cancel the order before it is turned in to BG. Hopefully you have done your research before you order and would have no reason to want to cancel. My .02
Racer
Joined: Jul 2005
Posts: 345
Likes: 4
I put $1000 down and 90 days later there was no scheduled build date. Got my money back and also acquired a GMS letter. A friend got me a dealer in Michigan who would accept the letter and only required $500. Six weeks later I picked up the C6 in Bowling Green.