NON-refundable deposit for ordering a bad idea?

kevindangit · 03-06-2010, 12:20 PM

I've talked to a buddy of mine that works for a dealership, and he is going to check with the "district operations manager" to see if he can order a 370Z for me. (2010 Pearl White Coupe, 6MT, Sport, Touring, Nav, all other options) The only thing is, he mentioned that they would want a $1000-$2000 non-refundable deposit for the order.

Are non-refundable deposits commonplace? I'm afraid that the car will come in and something will be wrong with it when I inspect it or something along those lines.

frost · 03-06-2010, 12:22 PM

My girl ordered a camaro with a completely refundable deposit. She could back out for any reason ... and she did, no questions asked.

Trips · 03-06-2010, 12:26 PM

Bad Idea!

azn370z · 03-06-2010, 12:56 PM

When I ordered my z I put down $500. But you can deposit less. Yes deposits are refundable if you ask before you order.

kevindangit · 03-06-2010, 12:59 PM

Quote:

Originally Posted by azn370z

When I ordered my z I put down $500. But you can deposit less. Yes deposits are refundable if you ask before you order.

Haha, well I didn't even get a chance to ask. He told me upfront that it would be NON-refundable and $1-2K.

The BlueMax · 03-06-2010, 01:23 PM

Go somewhere else, your in Dallas TX. so you have at least half a dozen dealerships down there. If you were in a small town you might have to search the internet. The reason for the non-deposit on the camero is the shere popularity of the car and it's

somewhat limited availibility. I have owned 5 F-bodies since I was 16 and it was time for a change. The new camero is overpriced at the dealers because of demand, something I won't get caught up into

j.arnaldo · 03-06-2010, 01:19 PM

Don't let go of your $$ OR sign anything until perfectly sure you can back out w./o. losing a penny, man!

fullmonty · 03-06-2010, 04:32 PM

If its non-refundable don't give him any money and find another dealership

scruffydog · 03-08-2010, 12:14 AM

Seriously, don't fall for that kind of bullcrap. I just placed a $1000 deposit to order a 370z, but they only needed a check from me and it's completely refundable if I want to back out. And what's more is they don't even cash that check, they're just holding it as more of a Good Faith deposit. For whatever reason, I can always back out.

I almost fell for another dealership in the Bay Area, CA that asked for a $5000 non-refundable deposit. They are seriously out of their mind.

PlazmaStrike · 03-08-2010, 03:16 AM

i only put down a $200 deposit for my 2010 pw nismo. $1000- $2000 is way too much espically if its non-refundable.

zmyride · 03-11-2010, 01:14 PM

all deposits are refundable, but only if theres somethings wrong with the car. once they have the car, you can't just change your mind or say you don't like it and expect a full refund.

theDreamer · 03-11-2010, 01:50 PM

Quote:

Originally Posted by zmyride

all deposits are refundable, but only if theres somethings wrong with the car. once they have the car, you can't just change your mind or say you don't like it and expect a full refund.

Yes you can, because you never sign a contract.
But on a better note, do not put money down. They should not require money down to order a vehicle and if they do not budge on this go elsewhere.

danny@FontanaNissan · 03-18-2010, 11:36 PM

Quote:

Originally Posted by scruffydog

Seriously, don't fall for that kind of bullcrap. I just placed a $1000 deposit to order a 370z, but they only needed a check from me and it's completely refundable if I want to back out. And what's more is they don't even cash that check, they're just holding it as more of a Good Faith deposit. For whatever reason, I can always back out.

I almost fell for another dealership in the Bay Area, CA that asked for a $5000 non-refundable deposit. They are seriously out of their mind.

$5,000 is insane!!!

scruffydog · 03-19-2010, 05:12 PM

Quote:

Originally Posted by danny@FontanaNissan

$5,000 is insane!!!

haha, yea, that's why i didn't even bother to write back to them. That dealership also has a poor attitude.

danny@FontanaNissan · 03-19-2010, 08:39 PM

Quote:

Originally Posted by scruffydog

haha, yea, that's why i didn't even bother to write back to them. That dealership also has a poor attitude.

If you are not happy with any of the dealers around your area, call me..

I just finalized a deal with one of the forum member came from San Jose (Bay Area). Flew down here and we pick him up at the airport. Should be heading out of our dealership in about 15 - 20 minutes.

03-06-2010, 12:20 PM	#1 (permalink)
kevindangit Base Member Join Date: Apr 2009 Location: Dallas, TX Posts: 17 Drives: Nothing. Rep Power: 17	NON-refundable deposit for ordering a bad idea? I've talked to a buddy of mine that works for a dealership, and he is going to check with the "district operations manager" to see if he can order a 370Z for me. (2010 Pearl White Coupe, 6MT, Sport, Touring, Nav, all other options) The only thing is, he mentioned that they would want a $1000-$2000 non-refundable deposit for the order. Are non-refundable deposits commonplace? I'm afraid that the car will come in and something will be wrong with it when I inspect it or something along those lines. Last edited by kevindangit; 03-06-2010 at 12:32 PM.

03-06-2010, 12:26 PM	#3 (permalink)
Trips Administrator Join Date: May 2009 Location: Disneyland, Ca Posts: 8,733 Drives: 🔰 Rep Power: 10	Bad Idea! __________________

03-06-2010, 12:56 PM	#4 (permalink)
azn370z A True Z Fanatic Join Date: Nov 2008 Location: Seattle Posts: 1,722 Drives: z34 - R1 Rep Power: 490	When I ordered my z I put down $500. But you can deposit less. Yes deposits are refundable if you ask before you order. __________________ 2010 k23 H&R sport springs / Spc rear camber arms / SSR SP1 / Berk cbe / Varis cf lip / Nismo S-Tune side skirts

03-06-2010, 01:23 PM	#6 (permalink)
The BlueMax Enthusiast Member Join Date: Jan 2010 Location: Louisville Posts: 337 Drives: 09 370/97 T/A 01 ZRX Rep Power: 26	response Go somewhere else, your in Dallas TX. so you have at least half a dozen dealerships down there. If you were in a small town you might have to search the internet. The reason for the non-deposit on the camero is the shere popularity of the car and it's somewhat limited availibility. I have owned 5 F-bodies since I was 16 and it was time for a change. The new camero is overpriced at the dealers because of demand, something I won't get caught up into

03-06-2010, 04:32 PM	#8 (permalink)
fullmonty A True Z Fanatic Join Date: Nov 2009 Location: Dirty Jersey Posts: 7,762 Drives: 370 Touring/Sport Rep Power: 34	If its non-refundable don't give him any money and find another dealership __________________

03-06-2010, 12:22 PM	#2 (permalink)
frost Retired admin Join Date: Dec 2008 Location: Winterfell Posts: 106,613 Drives: Your Wife Crazy Rep Power: 0	My girl ordered a camaro with a completely refundable deposit. She could back out for any reason ... and she did, no questions asked.

03-06-2010, 01:19 PM	#7 (permalink)
j.arnaldo Banned Join Date: Oct 2009 Location: Puerto Rico Posts: 937 Drives: Nissan 350Z, 2004 Rep Power: 0	Don't let go of your $$ OR sign anything until perfectly sure you can back out w./o. losing a penny, man!

03-08-2010, 12:14 AM	#9 (permalink)
scruffydog A True Z Fanatic Join Date: Jan 2009 Location: Nor Cal Posts: 1,113 Drives: with his eyes close Rep Power: 718	Seriously, don't fall for that kind of bullcrap. I just placed a $1000 deposit to order a 370z, but they only needed a check from me and it's completely refundable if I want to back out. And what's more is they don't even cash that check, they're just holding it as more of a Good Faith deposit. For whatever reason, I can always back out. I almost fell for another dealership in the Bay Area, CA that asked for a $5000 non-refundable deposit. They are seriously out of their mind.

03-08-2010, 03:16 AM	#10 (permalink)
PlazmaStrike Base Member Join Date: Nov 2009 Location: Florida Posts: 42 Drives: YZFR1 RSX 370z Nismo Rep Power: 16	i only put down a $200 deposit for my 2010 pw nismo. $1000- $2000 is way too much espically if its non-refundable.

03-11-2010, 01:14 PM	#11 (permalink)
zmyride Track Member Join Date: Nov 2009 Location: SF Bay Area Posts: 631 Drives: 10 Black Sports 7AT Rep Power: 17	all deposits are refundable, but only if theres somethings wrong with the car. once they have the car, you can't just change your mind or say you don't like it and expect a full refund.

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