Deposit question
Thread Starter
5th Gear
Joined: Oct 2019
Posts: 5
Likes: 1
Deposit question
So this may be a dumb question but does the deposit normally get applied to the purchase price of the vehicle? My dealer quoted me msrp + $5000 deposit not applied to the price which seems high.
Thread Starter
5th Gear
Joined: Oct 2019
Posts: 5
Likes: 1
Moderator
Joined: Feb 2006
Posts: 39,079
Likes: 17,935
From: DFW Area TX
MacMulkin - the second largest Corvette dealer - has allocations available. They sell at MSRP, and charge zero dealer fees. Multiple ways to get the car:
I recommend option 3. That's what I am doing.
- They can help you setup a Courtesy Delivery near you.
- You can pick it up at their dealership (in New Hampshire) and drive it home.
- You can do National Corvette Museum Delivery and drive it home from there.
- You can have them ship it in an enclosed trailer directly to your home for about $1.25 per mile)
I recommend option 3. That's what I am doing.
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Brett Foote
E-Ray, 3LZ, ZER, LIFT
Joined: Sep 2007
Posts: 34,950
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From: NE South Carolina
At least they told you it would be $5000 over up front so you can decide. But even then be careful as I have mentioned in other posts there are common techniques dealers can use to get more profit! Like fees (which even the GM website to be up to $1000 at the dealers discretion- can be zero;) local advertising (which although some expend should be the cost of doing business NOT charged to you;) putting etched VIN number on all glass as theft protection (after negotiating to buy a new car some years ago the dealer tried to pull that and showed me the windows saying it was already done- I said I was walking- had to get the owner's approval BUT I didn't pay;) a $1500/$2000 ceramic coating, etc etc. Also if trading a car they can low ball the amount. They can get large kick-backs from financing companies so need to define those fees and interest!
Need to have all costs defined before signing! I've bought my last 3 Vettes from large volume dealers- no hassle and a low price (when it's not like now with high demand and limited supply.)
Last edited by JerryU; Oct 9, 2019 at 11:16 AM.
