deposits
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deposits
does anyone know why the deposits are non-refundable if you back out of the deal? i mean if you do back out of a deal, the dealer can then turn around and offer it to whomever wants to put down a deposit to buy this car then you get your money back, right?
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Most people have been able to get their deposits either refunded if they were getting out of the deal or written into the contract that the deposit is refundable.
With the popularity of the car, demand will be high and the dealers will have no problem turning around and getting $$ for it. IMO, I don't think there is any reason that the dealer wouldn't agree to make it refundable.
With the popularity of the car, demand will be high and the dealers will have no problem turning around and getting $$ for it. IMO, I don't think there is any reason that the dealer wouldn't agree to make it refundable.
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Not all dealers are stating "non-refundable". You don't say where you live either. If you're in Calif. it's illegal not to refund a deposit...actually it's illegal to even accept a deposit on a vehicle that's not even built but it's done anyway.
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Re: deposits
Originally posted by kazak
does anyone know why the deposits are non-refundable if you back out of the deal? i mean if you do back out of a deal, the dealer can then turn around and offer it to whomever wants to put down a deposit to buy this car then you get your money back, right?
does anyone know why the deposits are non-refundable if you back out of the deal? i mean if you do back out of a deal, the dealer can then turn around and offer it to whomever wants to put down a deposit to buy this car then you get your money back, right?
That said, deposits are only non-refundable if you change your mind. Most laws cover you if you cannot get funding, etc. Laws vary state to state though.
Hope this helps.
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reason why i ask is because i pre-ordered the enthusiast model but had a change of heart and wanted the perfomance model instead. now the salesman says i have to put another deposit down when another buyer backs out of his deal. i couldn't understand why they can't just transfer that deposit over. then he told me that nissan wants all the Z's to be sold as soon as it hits their floor. then more ******** from him....
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Originally posted by kazak
reason why i ask is because i pre-ordered the enthusiast model but had a change of heart and wanted the perfomance model instead. now the salesman says i have to put another deposit down when another buyer backs out of his deal. i couldn't understand why they can't just transfer that deposit over. then he told me that nissan wants all the Z's to be sold as soon as it hits their floor. then more ******** from him....
reason why i ask is because i pre-ordered the enthusiast model but had a change of heart and wanted the perfomance model instead. now the salesman says i have to put another deposit down when another buyer backs out of his deal. i couldn't understand why they can't just transfer that deposit over. then he told me that nissan wants all the Z's to be sold as soon as it hits their floor. then more ******** from him....
The dealer got your $1,000 for the first Z, and already got $1,000 from the original buyer. They will now get another $1,000 from you on the 2nd Z, and will get yet another $1,000 from the next owner of your first Z. 2 Z's, $2,000 each. Not bad for a minutes work.
I think the issue here is that you are considering abandoning your first Z. Albeit for another Z. The dealer still has to worry about selling your first Z. (I know, it is an easy task, but it is an expensive asset on the books until sold) I am not supporting this behavior, I am just pointing out a possiblity.
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