Ordering-deposit?

scottIN · 09-12-2011, 05:57 PM

So question for those that have ordered a Z (I've never ordered a car before).

Dealer just called and said "Nissan requires a 10% deposit to place a custom order". Huh? We're 6 months out from the car being delivered. And it's not like I'm ordering something they can't sell or is super-custom or anything-it's a commodity.

Do all Nissan dealers do it this way? I figured I'd plop down $500 or so to show I'm serious - Wasn't expecting a $4000 deposit.

6MT · 09-12-2011, 06:11 PM

I only gave the dealership $1K for a deposit on a (3 month wait) factory order. $4K is waaaayyyy toooooo much!!

NCSUPACK09 · 09-12-2011, 06:12 PM

Quote:

Originally Posted by scottIN

So question for those that have ordered a Z (I've never ordered a car before).

Dealer just called and said "Nissan requires a 10% deposit to place a custom order". Huh? We're 6 months out from the car being delivered. And it's not like I'm ordering something they can't sell or is super-custom or anything-it's a commodity.

Do all Nissan dealers do it this way? I figured I'd plop down $500 or so to show I'm serious - Wasn't expecting a $4000 deposit.

$500 sounds about right...maybe I would go up to 1K. 4k??? WTF are they trying to pull?!?!?!

Red__Zed · 09-12-2011, 06:13 PM

500-1000 is normal, things may be different due to the current shortage though

MacCool · 09-12-2011, 06:27 PM

It's the dealer that requires that. Kind of a slimy tactic. Maybe rethink your choice of dealer.

Anyway, make sure the dealer actually has an allocation. Too often those guys will require a deposit from the 5 guys that are ordering when they're entire allocation for the year is three cars.

UNKNOWN_370 · 09-12-2011, 07:22 PM

My dealer quoted me $500 down on a 2012. I opted to negotiate a deal for a couple hundred below invoice on a 2011.

TreeSemdyZee · 09-12-2011, 07:35 PM

Quote:

Originally Posted by MacCool

It's the dealer that requires that. Kind of a slimy tactic. Maybe rethink your choice of dealer.

Anyway, make sure the dealer actually has an allocation. Too often those guys will require a deposit from the 5 guys that are ordering when they're entire allocation for the year is three cars.

^This.

scottIN · 09-12-2011, 07:58 PM

Yeah...doesn't seem right to me - maybe like the dealer is just trying to up his cashflow a bit? I know when my wife was looking at ordering a Mini, they wanted $1000 down. There are thousands of different combinations on that car so you could really get a funky one that would be hard to sell, but crap, there are like 2 options on a 370Z! Not like they couldn't sell a red w/ grey interior touring / sport with nav, y'know?

I'm in sales and every once in a while I'll ask for a deposit - usually from a new client + overseas order - but I do products with custom logos on them - they're of no value to me if the client can't pay or goes under prior to delivery. That's why I ask for a deposit.

Think I might just walk in there with a check made out for $500 and see what they say.

scottIN · 09-13-2011, 06:34 PM

Resolution:
After I asked if their F & I guy was stoned, we agreed on a $1000 deposit.

nj2alaska · 09-14-2011, 02:36 AM

Quote:

Originally Posted by scottIN

So question for those that have ordered a Z (I've never ordered a car before).

Dealer just called and said "Nissan requires a 10% deposit to place a custom order". Huh? We're 6 months out from the car being delivered. And it's not like I'm ordering something they can't sell or is super-custom or anything-it's a commodity.

Do all Nissan dealers do it this way? I figured I'd plop down $500 or so to show I'm serious - Wasn't expecting a $4000 deposit.

All the dealer required for me was a 1000 dollar deposit... and that is going towards the down payment. Ordered a PW12 in August

scottIN · 11-01-2011, 08:00 AM

So just to update this. Dealer just cashed my check yesterday. Check was written on 9/14. I'm guessin' he didn't have an allocation until November and didn't want to cash the check until he had one and could actually place the order.

Sound about right?

wheee! · 11-01-2011, 08:24 AM

sounds normal.... $1000 or less deposit to show you are a serious customer and the money comes off your down payment anyways.... all good.

red6spd · 11-01-2011, 08:42 AM

$100 was all I needed. Mine was on a boat on its way to the US heading for a dealer in I think New Jersey. My dealer did whatever they needed to do to get it switched to my local dealer on LI.

SkiDoggAC · 11-01-2011, 09:28 AM

Dealer asked me for $500 down at first than when I was sitting drawing up the paperwork with him he said he knew me well enough that no down was needed. I insisted that I put the $500 down. It was just going towards my down any way and it made me feel better knowing I had some $$ on it. Ordered it Oct 12th and they called me last week with a order #. ETA Jan 2012.

KaienZ34 · 11-01-2011, 11:28 AM

Yeah i had to put down 500 when i ordered mine.

09-12-2011, 05:57 PM	#1 (permalink)
scottIN Track Member Join Date: Aug 2011 Location: New Castle, Indiana Posts: 764 Drives: '12 370Z Rep Power: 55	Ordering-deposit? So question for those that have ordered a Z (I've never ordered a car before). Dealer just called and said "Nissan requires a 10% deposit to place a custom order". Huh? We're 6 months out from the car being delivered. And it's not like I'm ordering something they can't sell or is super-custom or anything-it's a commodity. Do all Nissan dealers do it this way? I figured I'd plop down $500 or so to show I'm serious - Wasn't expecting a $4000 deposit.

09-12-2011, 06:11 PM	#2 (permalink)
6MT A True Z Fanatic Join Date: May 2009 Location: ITU Zone 2 Posts: 22,459 Drives: Reliant Robin Rep Power: 1790	I only gave the dealership $1K for a deposit on a (3 month wait) factory order. $4K is waaaayyyy toooooo much!! __________________ Andrew 2009 370Z Sport/Touring 6MT sold 2013 Honda Civic Si coupe D/D

11-01-2011, 08:24 AM	#12 (permalink)
wheee! A True Z Fanatic Join Date: Sep 2009 Location: Mod Capital of Canada Age: 57 Posts: 7,354 Drives: cars. lots of cars. Rep Power: 40182	sounds normal.... $1000 or less deposit to show you are a serious customer and the money comes off your down payment anyways.... all good. __________________ H&R / Stillen / Berk / HKS / Swift / Michelin / UpRev / SPC / Amuse Rep / Seibon / Fringe XVO / TWM / more... My Journal

11-01-2011, 08:42 AM	#13 (permalink)
red6spd A True Z Fanatic Join Date: Apr 2010 Location: Long Island NY Posts: 3,277 Drives: 2010 Z Coupe M6 SPT Rep Power: 21	$100 was all I needed. Mine was on a boat on its way to the US heading for a dealer in I think New Jersey. My dealer did whatever they needed to do to get it switched to my local dealer on LI. __________________ 2010 Base+Sport 6spd: Stillen G3, FI Non-Resonated CBE, FI Non-Resonated Test Pipes, UpRev Tuned, Custom 24R Oil Cooler, JDM Rear Fog-OEM Harness. ???Whp ???WTQ (Will find out come spring time)

11-01-2011, 11:28 AM	#15 (permalink)
KaienZ34 A True Z Fanatic Join Date: Oct 2009 Location: LA. not L.a. Posts: 21,652 Drives: Z34 Tour/Sport Rep Power: 178	Yeah i had to put down 500 when i ordered mine. __________________ *"These Violent Delights Have Violent Ends"* http://www.the370z.com/members/kaienz34-albums-z34.html

09-12-2011, 06:13 PM	#4 (permalink)
Red__Zed A True Z Fanatic Join Date: Jul 2010 Location: window seat Posts: 28,940 Drives: Mostly on two wheels Rep Power: 120	500-1000 is normal, things may be different due to the current shortage though

09-12-2011, 06:27 PM	#5 (permalink)
MacCool A True Z Fanatic Join Date: Apr 2011 Location: Midwest Posts: 1,349 Drives: 370Z PW 2014 Rep Power: 16	It's the dealer that requires that. Kind of a slimy tactic. Maybe rethink your choice of dealer. Anyway, make sure the dealer actually has an allocation. Too often those guys will require a deposit from the 5 guys that are ordering when they're entire allocation for the year is three cars.

09-12-2011, 07:22 PM	#6 (permalink)
UNKNOWN_370 A True Z Fanatic Join Date: Jul 2009 Location: ny'r livn in tx Posts: 8,687 Drives: well over 130m.p.h. Rep Power: 14858	My dealer quoted me $500 down on a 2012. I opted to negotiate a deal for a couple hundred below invoice on a 2011.

09-12-2011, 07:58 PM	#8 (permalink)
scottIN Track Member Join Date: Aug 2011 Location: New Castle, Indiana Posts: 764 Drives: '12 370Z Rep Power: 55	Yeah...doesn't seem right to me - maybe like the dealer is just trying to up his cashflow a bit? I know when my wife was looking at ordering a Mini, they wanted $1000 down. There are thousands of different combinations on that car so you could really get a funky one that would be hard to sell, but crap, there are like 2 options on a 370Z! Not like they couldn't sell a red w/ grey interior touring / sport with nav, y'know? I'm in sales and every once in a while I'll ask for a deposit - usually from a new client + overseas order - but I do products with custom logos on them - they're of no value to me if the client can't pay or goes under prior to delivery. That's why I ask for a deposit. Think I might just walk in there with a check made out for $500 and see what they say.

09-13-2011, 06:34 PM	#9 (permalink)
scottIN Track Member Join Date: Aug 2011 Location: New Castle, Indiana Posts: 764 Drives: '12 370Z Rep Power: 55	Resolution: After I asked if their F & I guy was stoned, we agreed on a $1000 deposit.

11-01-2011, 08:00 AM	#11 (permalink)
scottIN Track Member Join Date: Aug 2011 Location: New Castle, Indiana Posts: 764 Drives: '12 370Z Rep Power: 55	So just to update this. Dealer just cashed my check yesterday. Check was written on 9/14. I'm guessin' he didn't have an allocation until November and didn't want to cash the check until he had one and could actually place the order. Sound about right?

11-01-2011, 09:28 AM	#14 (permalink)
SkiDoggAC Base Member Join Date: Oct 2011 Location: idaho Posts: 40 Drives: 2012 base + sport Rep Power: 14	Dealer asked me for $500 down at first than when I was sitting drawing up the paperwork with him he said he knew me well enough that no down was needed. I insisted that I put the $500 down. It was just going towards my down any way and it made me feel better knowing I had some $$ on it. Ordered it Oct 12th and they called me last week with a order #. ETA Jan 2012.

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