RacerX said:
$500 NONREFUNDABLE deposit?
What woud you do if the Saturn dealer said they will take $500 NONREFUNDABLE deposit.
You would then be in a lottery with 9 other people to get a chance to be #1 for that dealers #1 Saturn Sky for that dealer.
I thought anytime you put a deposit for a new car that it was always refundable. Anyboy know if there is a law somewhere about this?
RacerX
I agree, you should find a new dealer! I put several terms in my documents with my dealer.
1) Minimal milage on the car (less than 50km).
2) The car must be priced comparable to a new Mazda Miata (MX whatever).
3) We have right of first refusal. We don't like it we get our money back.
I can't remember the other one off hand. I know he wanted $1000 but we told him we would give him $500. I also told him I might give him more when he could show me options and we could place an order.
If your dealings with your dealer make you feel uneasy then walk away. There are lots of other dealers that are willing to sell you a car.
Perhaps you should let Saturn head office know what this guy is up to. He is giving Saturn a bad name!
BTW I consider the deposit a show of interest. Saturn dealers accepting your money now are going to have your money for 6-7 months. Thats money in their bank accounts earning money for them. Most people interested enough to go down to a dealership, fill out paperwork and lay down cash are a likely sale. If you have to walk away from a sale the dealer will have someone else in line to sell this car to! It's not like they are trying to get rid of a used Pinto.