Rblase

I was told by a dealer they had some allocations but they did not know when they would be picked up for production, they told me if I put $10,000 down (Non Refundable) I could have one of those allocations. I am also on two other dealers list if they get anymore allocations. I am a little stressed on what I should do. Either wait and hope or put $100,000 down. Is there anyway the dealer with the so called allocations can prove to me that it is a real allocation. .... Thank You for you time and help. Rick

BearZ06

Read the "Sticky" above about allocations.

Mr. Gizmo

Steve Garrett

I sure as hell would NOT put down a $10,000 deposit that was non-refundable. What if one of your other 2 dealerships comes thru for you? Then you've lost your $10k.

m3incorp

$10,000 down for what sounds like a secret allocation. So just think you could put down the $10K and the dealer could tell you they learned the allocation is the very last one from GM and your car will be built in a year or so....and you wouldn't get your money back if you didn't like the terms. Also, sounds like you are paying the $10K for the allocation and not a down payment on the car. There are not too many things in this world that I would accept the terms as you have described them. Tell me what it is about the ZR1 that would cause you not to sit back and think that this is a bad/stupid/"insert word" deal on your part and yet a money maker for this "great dealer"?

corvettewill

Macmulkin Chevy is showing 4 ZR1's in stock.

hcvone

what he said

Jack-TX

First, I wouldn't hand them $10k, period - even if that was a down payment based on MSRP sales price if I didn't know for sure the dealership had a 2019 allocation. I understand the dealership would want to protect themselves, if you ordered a car to your specs then walked off, they are left holding a custom ordered ZR1. I fully understand the money down to cover the dealership, but they would have to do their part and maybe call for that $10K went the window opened for the build week. At a minimum, the dealership knows the calendar quarter in which their allocations are to be built, or so I have been told. Where I am located is on the same order preference as Siberia with GM, so my ZR1 is scheduled for Q4 of this year, and that was me ordering the car in January... If I were you, given this stage of the ZR1 builds, I would wait and either buy one out of stock (off the showroom) or if you just want it ordered to your specific specs (like I did) I would shop 2019 allocations (where someone backed out - you would have to move quickly should that opportunity arise) or early 2020 allocations. I think these cars will still be at MSRP through the end of the 2020 year model, but will be somewhat easier to get... Just my uneducated wild guess.

Nyvetteguy007

Ronstar

never ever ever ever put down a non-refundable deposit!!!!!!

m3incorp

OP post is pretty vague. Dealership "had" some allocations. Ok let's say he meant to write has. Some equals more than one and leads a person to believe those supposed allocations have not been promised already. Most dealerships that have "some" allocations also have a list of people that want the allocation. The OP states put down $10K non-refundable. Is this to secure the allocation or is this $10K a deposit on the car and also to secure the allocation? The OP ask is there a way the dealer can prove they have the allocations? Hmm you would think that the dealer would have proven that before even suggesting the unthinkable of putting down a non-refundable deposit. There is a lot of unknowns with this post.

Rblase

Thank you for responding, the dealer told me that he has a couple of allocations but did not know when they would be approved to build, If I wanted one of his allocations it would reqier a $10,000 deposit and the price would be MSRP and the $10,000 would be the down payment but it was non refundable. Without naming names I can tell you this dealer is in the top 5 dealers of Corvette's. But I am also on three other dealers list for if someone backs out or if GM gives them more or the 2020 ZR1 (If they make a 2020).

zedbyers

are there actually states out there that allow dealers to keep a deposit on a deal that didn't go through? i know that folks may state this but i would find it hard to believe that individual state law would permit this. however i am only familiar with one state.

dmaxx3500

go look on ''autotrader'',there are 4-6 cars on there ,some below MSRP

Steve Garrett

OP, I still would not give any dealer a $10,000 non-refundable deposit.......

m3incorp

I'm with Steven. I'd just take my chances with the other three dealers.

Maxpowers

I wouldn't purchase from a dealer that requires a non-refundable deposit.

DebRedZR1

For the Zillionth time these are SOLD CLICKbait cars and not under MSRP. Please stop reposting FAKE news

To the OP, there are many Dealers putting through allocations and orders with ZERO down deposits. Some have asked for $10K once the order goes in, so they are not stuck with a custom order that may be hard resell.

Mr. Gizmo

DebRedZR1