Greedy dealer
Racer
Joined: Dec 2020
Posts: 359
Likes: 301
Macmulkin still has great everything but getting greedy. Instead of $1K deposit as before they have raised deposit to 3K. Not crazy enough to allow that. Can make a lot of money on the 2K difference for 1-1 1/2 years in line. Just a LT3 Stingray, not Z06. Ordered from AC
What, you view $2,000 as something to make money on?
**** my bar tabs are regularly $2k
If you view $2k as something this is not the car for you.
Pro
Joined: Sep 2021
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From: Davidson, NC
Instructor
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Melting Slicks
Joined: Apr 2021
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From: Texas
Probably still wouldnt have stopped all flippers but might have at least limited SOME of the greedy BUYER multiple deposit shenanigans.
A thread calling MM greedy is ridiculous.
Advanced
Joined: Dec 2022
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Macmulkin still has great everything but getting greedy. Instead of $1K deposit as before they have raised deposit to 3K. Not crazy enough to allow that. Can make a lot of money on the 2K difference for 1-1 1/2 years in line. Just a LT3 Stingray, not Z06. Ordered from AC
Team Owner
Joined: Jun 2005
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From: Northern, VA
St. Jude Donor '15
"In honor of jpee"
IDK how much a dealership can make on $2K over the original $1K, but I do know that from decades ago banks made money on funds received on a Friday by Monday, and certainly in a one-week loan on money they had on hand. Money and lending was, after all, their biz. It is not the biz of MM or just about any dealership. I'm neutral for that reason. I doubt they're making money on the added $2K for a deposit. Just sayin'...
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From: Nashville, TN
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Racer
Joined: Sep 2022
Posts: 351
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When I went to preorder a 2010 Camaro in 2008 , dealers were wanting 5K-7k down and they kept it to just get on the list! Luckily, I found a dealer (4th that I contacted) that sold it to me at MSRP.
MM is selling me a C8 under MSRP as I had a deposit in before the increase. They didn’t have to do it. Hopefully I will get an allotment soon, constraints willing.
MM is selling me a C8 under MSRP as I had a deposit in before the increase. They didn’t have to do it. Hopefully I will get an allotment soon, constraints willing.
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Amazing what some consider the word greedy to mean. 
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Intermediate
Joined: May 2022
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Huh? If anything, I wish I joined MM's list a while ago. If the car is delivered as promised without extra fees or drama, I don't have a problem with a 3-5k deposit. Hopefully the dealer I went with pulls through.
Racer
Joined: Jan 2021
Posts: 373
Likes: 351
From: Barrie, Ontario, Canada
I call a Greedy Dealer one that charges over MSRP, not one requesting a fully refundable deposit......If we didn't have people going on multiple wait lists, Deposits would probably be smaller....IMO
Racer
Joined: Nov 2004
Posts: 290
Likes: 248
I’d think $3k over the previous $2k was simply an attempt to keep the list to buyers who actually want the car vs. spec buying to flip OR put it a little higher to avoid people from getting on 3-5 lists and then back out of the MM deal.
My experience with MM was pretty much flawless and I had my car home in 8 months from time of initial deposit. Looking back, I’d gladly have put a larger deposit down if it was required and I knew how my experience was going to go. They can have the $120 in interest.
Deposit goes to the purchase price so what does it really matter? It probably allows them to cut out some noise and focus on delivering a better experience for actual customers.
My experience with MM was pretty much flawless and I had my car home in 8 months from time of initial deposit. Looking back, I’d gladly have put a larger deposit down if it was required and I knew how my experience was going to go. They can have the $120 in interest.
Deposit goes to the purchase price so what does it really matter? It probably allows them to cut out some noise and focus on delivering a better experience for actual customers.
Melting Slicks
Joined: Feb 2006
Posts: 2,261
Likes: 1,431
From: Brentwood CA
Macmulkin still has great everything but getting greedy. Instead of $1K deposit as before they have raised deposit to 3K. Not crazy enough to allow that. Can make a lot of money on the 2K difference for 1-1 1/2 years in line. Just a LT3 Stingray, not Z06. Ordered from AC
