3G TL (2004-2008)
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Dealer Deposits?

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Old 01-05-2004, 12:40 PM
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Question Dealer Deposits?

I placed a deposit with a dealer almost 1.5 Months ago. Since then, the price of the TL has dropped more than $500. If the dealer won't lower the price, can you simply get your deposit back?
Old 01-05-2004, 12:45 PM
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Yes, at most dealers.
Old 01-05-2004, 12:52 PM
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If you haven't signed anything, which you probably haven't, yes you can get your deposit back.

This is the exact reason why some people on this board think that you shouldn't place a deposit on any car. They would argue that you should merely tell the dealer(s) what type of car you're looking for and to call when they get it on their lot or dealer locate one for you.....then negotiate your deal when they have the car.
Old 01-05-2004, 12:54 PM
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Re: Dealer Deposits?

Originally posted by Groo21
I placed a deposit with a dealer almost 1.5 Months ago. Since then, the price of the TL has dropped more than $500. If the dealer won't lower the price, can you simply get your deposit back?
Your deposit is fully refundable unless you signed some contract saying that it is not.
Old 01-05-2004, 01:20 PM
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You will be able to get your deposit back unless you have
1. a special order IE 18" rims and body kit
2. a signed contract
3. The VIN number to the ordered vehicle.
Old 01-05-2004, 01:59 PM
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Originally posted by tripp11
If you haven't signed anything, which you probably haven't, yes you can get your deposit back.

This is the exact reason why some people on this board think that you shouldn't place a deposit on any car. They would argue that you should merely tell the dealer(s) what type of car you're looking for and to call when they get it on their lot or dealer locate one for you.....then negotiate your deal when they have the car.
Indeed
Old 01-05-2004, 03:14 PM
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I always make sure we write the "refundable deposit" into the contract.
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