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Just received this text, is $1000 a normal deposit to reserve?

999

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I'm of 2 minds here.

On the one hand, I have no problem with a dealer requiring a deposit to place an order.

On the other hand, Heather is lying to you. I really hate when people lie to me. FWIW- I'm sure she was told this, so she is not the liar.

And I notice that there is no mention of whther the deposit is refundable, and what they expect you to pay compared to MSRP.

Personally- I'd reply... "I have no problem putting down a $1000 refundable deposit, as long as I get a signed buyer's order with price set at MSRP"


 

bbhaag

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999

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JennyJoannSuebeeMcNash

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Because if we SAY we're going to buy it, and we're going to wait months on end to get it, and then dealer can add a whopping ADM if we don't buy it, WHY PUT MONEY DOWN?
 

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Meintc

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Happy Guy 823

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In July I only put down $200 and the dealer said they only require $50 . Fully refundable if you cancel.
 

MLA62563

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My dealer asked for a $1000 deposit, but said it wasn't required. I paid up as I was committed to the purchase, and figured it might just buy me a higher priority. I ended up being their first hybrid delivery. So who knows, there just may have been something to that.
 

bbhaag

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My dealer asked for a $1000 deposit, but said it wasn't required. I paid up as I was committed to the purchase, and figured it might just buy me a higher priority. I ended up being their first hybrid delivery. So who knows, there just may have been something to that.
There is not anything that ties the amount a dealer charges a customer for a deposit to when Ford will schedule a vehicle to be built.
 
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Jobst88

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$500 for my deposit last year. They apply that to the price of the truck when you purchase.
 

xlt-doug

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Mine was 1000. NY state
 

Motorjunkie

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Although Ford does not require a deposit, with the market the way it is, putting $1,000.00 down is prudent as you sign a contract to order the vehicle. It gives you leverage and a deterrent against shady dealers being able to sell your truck out from under you. God bless those who actually received their truck by putting no money down. Regards.
 

MLA62563

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There is not anything that ties the amount a dealer charges a customer for a deposit to when Ford will schedule a vehicle to be built.
It's my understanding the dealer sets the priority code for it's factory allocations. But I'm no expert on the subject.
 

Mite-o-Dan

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The deposit was $100 dollars when I ordered in June.
Was 0$ when I ordered in June. I wish it was 1000. Hell, I would have paid in full if they let me. My truck finally comes in in July after 13 months. I'm still scared my dealer gives me a markup. Less likely to happen with a high deposit.
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