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Cancelled my order, got deposit refunded.

theek

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Hello folks;

My Maverick was built 10/5 but I decided to cancel as we've decided to go down to one vehicle for the winter as my wife and I both work from home. We put hardly any miles on our second vehicle, a lease, and that is money out the door. We wouldn't be using it much at all until May so six months of depreciation and payment wasn't worth it. I'll probably order again in April for May or June delivery, unless we stick with one vehicle.

My dealer is still taking delivery, of course. He'll sell it for over asking, if it's not been sold already.
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CoryDallas8123

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Hello folks;

My Maverick was built 10/5 but I decided to cancel as we've decided to go down to one vehicle for the winter as my wife and I both work from home. We put hardly any miles on our second vehicle, a lease, and that is money out the door. We wouldn't be using it much at all until May so six months of depreciation and payment wasn't worth it. I'll probably order again in April for May or June delivery, unless we stick with one vehicle.

My dealer is still taking delivery, of course. He'll sell it for over asking, if it's not been sold already.
What’s the build?
What dealer?
What city?

Someone on here may be interested but would need to know some details.
 
OP
OP
theek

theek

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What’s the build?
What dealer?
What city?

Someone on here may be interested but would need to know some details.

Ottawa, Ontario. XLT/AWD/FX4/4K/Tri-Fold Hard Tonneau Carbonized Grey.
 

AdventureSetterland

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Hello folks;

My Maverick was built 10/5 but I decided to cancel as we've decided to go down to one vehicle for the winter as my wife and I both work from home. We put hardly any miles on our second vehicle, a lease, and that is money out the door. We wouldn't be using it much at all until May so six months of depreciation and payment wasn't worth it. I'll probably order again in April for May or June delivery, unless we stick with one vehicle.

My dealer is still taking delivery, of course. He'll sell it for over asking, if it's not been sold already.

Well that blows. I came in here to tell everyone to cancel theirs too so mine can be built 🤣
 

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Redneck Garage

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Well that blows. I came in here to tell everyone to cancel theirs too so mine can be built 🤣
There isnt such a thing as a "cancelled order". A refused order is just one a dealer can sell retail for 3,5, or even ask $12,000 over MSRP. It will in no way help existing unbuilt /unscheduled orders. Those refused orders also will never be offered to customers such as yourself at msrp who have an order and are waiting due to the broken system Ford corporate allows. Dealers benefit from the current system while consumers get hosed.
 

Nw_adventure

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It was mentioned by Ford at one point that Bronco builds that were built and delivered would be made available to the next reservation holder in line in case of a vehicle that was declined by the original customer - LOL - Yeah right.
 

jwiedle24

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There isnt such a thing as a "cancelled order". A refused order is just one a dealer can sell retail for 3,5, or even ask $12,000 over MSRP. It will in no way help existing unbuilt /unscheduled orders. Those refused orders also will never be offered to customers such as yourself at msrp who have an order and are waiting due to the broken system Ford corporate allows. Dealers benefit from the current system while consumers get hosed.
Dealers don’t benefit from the current system, they benefit from the current market. In a normal market the dealers would be getting hosed by the ā€˜system’ by getting stuck with cancelled orders on their lots for an unknown amount of time while the person who cancelled walks away with no risk and their deposit back in their pocket.

That said, I also hate the extreme ADM stuff going on, but I still have to be rational.
 

Redneck Garage

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Dealers don’t benefit from the current system, they benefit from the current market. In a normal market the dealers would be getting hosed by the ā€˜system’ by getting stuck with cancelled orders on their lots for an unknown amount of time while the person who cancelled walks away with no risk and their deposit back in their pocket.

That said, I also hate the extreme ADM stuff going on, but I still have to be rational.
Even that's not true. Before taking a customer order they would be charging a non refundable deposit and writing up a contract such as when I ordered a E250.

Can a car dealer take a non-refundable deposit?
When you give a car dealer a deposit, it is considered an upfront or initial payment on a car. As a rule, it is not refundable unless specific circumstances apply. When buying a car from a dealership, the dealer will want two things: a signed contract and/or a deposit.

How exactly would a dealer get "hosed" if someone walked away from an order ? The "system" is geared towards dealers floor plan and stocking vehicles not custom orders which before the "current market" would take 8 to 12 weeks at best to receive so few folks would wait over finding a vehicle at the dealership.

If Ford wants to change their model for what ever reason, they need to also change the custom ordering process which totally is a joke. "Allocations" is a stupid model for customer orders only funneling money to the biggest dealerships at the expense of the consumer who has no idea that possibly ordering from their nearest hometown dealership ( which Ford website will direct you to ) might delay their order 6, 8 months or maybe a year - ( ask a Bronco order holder waiting more than a year ... ) we shall see.

If you dont think this is a screwed up system think about this - hypothetically you order a Maverick from Chapman Ford or Long McArthur - volume dealers and get your truck in 4 months but you also ordered an identical truck from Hometown Ford in your town and after 6 months you dont even have a build date - how does that make ANY sense "current market" or not ?
 

jwiedle24

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Even that's not true. Before taking a customer order they would be charging a non refundable deposit and writing up a contract such as when I ordered a E250.

Can a car dealer take a non-refundable deposit?
When you give a car dealer a deposit, it is considered an upfront or initial payment on a car. As a rule, it is not refundable unless specific circumstances apply. When buying a car from a dealership, the dealer will want two things: a signed contract and/or a deposit.

How exactly would a dealer get "hosed" if someone walked away from an order ? The "system" is geared towards dealers floor plan and stocking vehicles not custom orders which before the "current market" would take 8 to 12 weeks at best to receive so few folks would wait over finding a vehicle at the dealership.

If Ford wants to change their model for what ever reason, they need to also change the custom ordering process which totally is a joke. "Allocations" is a stupid model for customer orders only funneling money to the biggest dealerships at the expense of the consumer who has no idea that possibly ordering from their nearest hometown dealership ( which Ford website will direct you to ) might delay their order 6, 8 months or maybe a year - ( ask a Bronco order holder waiting more than a year ... ) we shall see.

If you dont think this is a screwed up system think about this - hypothetically you order a Maverick from Chapman Ford or Long McArthur - volume dealers and get your truck in 4 months but you also ordered an identical truck from Hometown Ford in your town and after 6 months you dont even have a build date - how does that make ANY sense "current market" or not ?
What you’ve mistaken is that I’m speaking only about the ā€˜system’ in regards to the Maverick. I’m not talking about the entire system of allocations etc. for the whole dealer network as I’m not an expert on that. I can only speak to my experience.

With the Maverick, you put a refundable deposit down. When it comes, you can take the truck for agreed price. If you don’t want it, you walk away and get your deposit back and the dealer is ā€˜stuck’ with it — which in this market, they’re not stuck at all they benefit from ADM due to demand. But if these exact procedures existed in a normal market, then the dealer wouldn’t be in an as favorable situation with refused orders.

Again, speaking only with experience to the Maverick process so maybe I’m just clueless, who knows.
 
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What you’ve mistaken is that I’m speaking only about the ā€˜system’ in regards to the Maverick. I’m not talking about the entire system of allocations etc. for the whole dealer network as I’m not an expert on that. I can only speak to my experience.

With the Maverick, you put a refundable deposit down. When it comes, you can take the truck for agreed price. If you don’t want it, you walk away and get your deposit back and the dealer is ā€˜stuck’ with it — which in this market, they’re not stuck at all they benefit from ADM due to demand. But if these exact procedures existed in a normal market, then the dealer wouldn’t be in an as favorable situation with refused orders.

Again, speaking only with experience to the Maverick process so maybe I’m just clueless, who knows.
If and when dealers are "stuck' with a ordered vehicle they can make no profit on is when there will be no "refundable deposits" and you will have to sign a contract. Dealers are somewhat like the games on the Midway at the State Fair, The game is stacked against you and they control the rules. Most dealerships didnt charge a deposit on Mavericks because they knew they could sell for a profit no matter what.
 

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I bought my car in February. In March when my ordered MachE came in we went and looked at it and decided we did not need 2 of the exact car. Refused delivery in writing at 9am, car was sold by lunch. Funny thing is the car and the vin are still listed in my Ford account under orders (says Vehicle Sold).
 

jwiedle24

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If and when dealers are "stuck' with a ordered vehicle they can make no profit on is when there will be no "refundable deposits" and you will have to sign a contract. Dealers are somewhat like the games on the Midway at the State Fair, The game is stacked against you and they control the rules. Most dealerships didnt charge a deposit on Mavericks because they knew they could sell for a profit no matter what.
Those days are usually better for the consumer though because then there is lot inventory that dealers want to move…which then you usually always can get the car with some type of deal below MSRP. Less need to custom order at that point as well if the dealer has supply on the lot.
 

ITSATRUCK

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:cry: SAD, not one of the 5 hybrid orders in front of mine! . . . I think eco boost will be easier to aquire so you should be good if you want one in spring.
 

dgnx6

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With the Maverick, you put a refundable deposit down. When it comes, you can take the truck for agreed price. If you don’t want it, you walk away and get your deposit back and the dealer is ā€˜stuck’ with it — which in this market, they’re not stuck at all they benefit from ADM due to demand. But if these exact procedures existed in a normal market, then the dealer wouldn’t be in an as favorable situation with refused orders.
Mine was nonrefundable. Now the dealer may choose to refund it, but most everyone wanted you to sign a dora and a 500 nonrefundable deposit when you ordered.
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