Deposit to order a car

Jon_Hanson · 10-28-2005, 02:04 PM

I'm about ready to order my 330 and I sent a list of the options I would like to the dealer. I asked him what I would need to bring for a deposit and he said $5,000! I intend to lease the car and put $2,000 down. Has anyone been requested to leave such a large deposit? I've seen $500 and $1,000 mentioned by people but not $5,000.

Bimmerista · 10-28-2005, 02:08 PM

it does seem excessive. Anywhere between 1-2 k would be reasonable IMHO.

getopts · 10-28-2005, 02:10 PM

no deposit - took my SA out to a strip club

Atty · 10-28-2005, 02:13 PM

Go to a different dealer - FAST

thd13 · 10-28-2005, 02:18 PM

That's kinda much for a deposit.

aw_330i · 10-28-2005, 02:23 PM

RUN!

Jon_Hanson · 10-28-2005, 02:26 PM

Thanks for the advice, everyone. I replied back to the salesman that I would happily leave the $2,000 I plan to put down on the lease as the deposit. If he won't accept that there are two other BMW dealers in the city here.

chrissal1 · 10-28-2005, 02:30 PM

That's crazy. Keep us posted.

Jon_Hanson · 10-28-2005, 02:36 PM

He said he spoke to his manager and that they would accept my $2,000 for a deposit.

Bimmer_2 · 10-28-2005, 02:43 PM

It doesn't make sense. Most dealers ask for $500 or $1000 for a deposit. If you write them a check, most of them don't even deposit your check.

Cory1000 · 10-28-2005, 03:44 PM

I gave 1,000, they didnt cash it intil 2 weeks after I had car...

puck724 · 10-28-2005, 04:23 PM

my dealer did not ask for a deposit at all.

CALIF65GM · 10-28-2005, 10:55 PM

Geeez what dealer is this? $5K for a deposit?? :mad:

Even $2K is too much, this is not a good sign. I'd bail on this dealership fast.

fdc · 10-28-2005, 11:23 PM

mine asked for 1,000. I gave my VISA. They never charge it ...
I don't like the 5,000 story.

fdc

cdheaven · 10-29-2005, 10:21 PM

i left 500 bucks.. and i ordered a "weird" car...
leatherette, with a whole bunch of options...
so IF i backed out, it probably would have been harder for them to get rid of.

SCA · 10-29-2005, 10:30 PM

$5k? Screw that!

I'd find another dealer. $1000 seems to be the norm. In the past when I have ordered a new BMW I have only given $500.00

Jon_Hanson · 10-31-2005, 11:45 AM

I went to the dealership this past weekend to finally order my car. We go through all of the formalities and evetually get to the price. I have a ton of options and even added the alarm, tinting, and having them chrome the sport wheels. The total came to over $53,000

(I told you I added a lot of options). I then offer $49,000 and the salesman tries to tell me that they don't negotiate on custom-order cars. It was getting close to dinner time so I said that I had to leave because I was getting hungry and I'm sure my wife was wondering where I was. Suddenly he got the urge to go talk to the Sales Manager about their policy of not negotiating on custom-order cars. I really was hungry and told him just to e-mail me his offer. He later countered with $51,8xx. We're still going back and forth.

chrissal1 · 10-31-2005, 06:10 PM

What is the invoice on your spec car?

CALIF65GM · 10-31-2005, 10:37 PM

Quote:

Originally Posted by chrissal1

What is the invoice on your spec car?

Yes the specs please. Hmmm for $51K you should probably think about getting a 5-series instead.

db17k · 10-31-2005, 11:43 PM

Quote:

Originally Posted by Jon_Hanson

He said he spoke to his manager and that they would accept my $2,000 for a deposit.

speaking with the "Manager" is always the bullshit excuse for "crap they're not buying my deal lets make them think that they're the exception" yeah right. dicks

10-28-2005, 02:04 PM	#1
Jon_Hanson Private 4 Rep 98 Posts Drives: Join Date: Apr 2005 iTrader: (0) Garage List 2006 330i [0.00]	Deposit to order a car I'm about ready to order my 330 and I sent a list of the options I would like to the dealer. I asked him what I would need to bring for a deposit and he said $5,000! I intend to lease the car and put $2,000 down. Has anyone been requested to leave such a large deposit? I've seen $500 and $1,000 mentioned by people but not $5,000.
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10-28-2005, 02:08 PM	#2
Bimmerista Major General 82 Rep 5,732 Posts Drives: superstock Join Date: Aug 2005 Location: Montreal, Quebec, Canada iTrader: (0)	it does seem excessive. Anywhere between 1-2 k would be reasonable IMHO.
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10-28-2005, 02:10 PM	#3
getopts Enlisted Member 1 Rep 41 Posts Drives: 06 325i Black Sapp Join Date: Sep 2005 Location: San Jose, CA iTrader: (0)	no deposit - took my SA out to a strip club
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10-28-2005, 02:13 PM	#4
Atty Second Lieutenant 16 Rep 239 Posts Drives: 09 X5 48i M-Sport Join Date: Sep 2005 Location: Los Angeles iTrader: (0) Garage List 2006 (September bui ... [0.00]	Go to a different dealer - FAST __________________ Attorney E90 330i 6MT \| Black Sapphire \| Terra \| Burl \| ZSP \| ZPP \| ZCW \| Navi \| Sirius
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10-28-2005, 02:18 PM	#5
thd13 Major 46 Rep 1,445 Posts Drives: A07 330i Join Date: Aug 2005 Location: Murrland iTrader: (4) Garage List 2006 330i [0.00]	That's kinda much for a deposit. __________________ My other ride is your mom.
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10-28-2005, 02:23 PM	#6
aw_330i Second Lieutenant 19 Rep 214 Posts Drives: 2016 AY M4 Join Date: Sep 2005 Location: Toronto / Richmond Hill iTrader: (1)	RUN!
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10-28-2005, 02:26 PM	#7
Jon_Hanson Private 4 Rep 98 Posts Drives: Join Date: Apr 2005 iTrader: (0) Garage List 2006 330i [0.00]	Thanks for the advice, everyone. I replied back to the salesman that I would happily leave the $2,000 I plan to put down on the lease as the deposit. If he won't accept that there are two other BMW dealers in the city here.
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10-28-2005, 02:30 PM	#8
chrissal1 Second Lieutenant 24 Rep 263 Posts Drives: 340i Join Date: Jun 2005 Location: Austin, TX iTrader: (0)	That's crazy. Keep us posted.
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10-28-2005, 02:36 PM	#9
Jon_Hanson Private 4 Rep 98 Posts Drives: Join Date: Apr 2005 iTrader: (0) Garage List 2006 330i [0.00]	He said he spoke to his manager and that they would accept my $2,000 for a deposit.
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10-28-2005, 02:43 PM	#10
Bimmer_2 Private 3 Rep 74 Posts Drives: BMW 330i Join Date: Jul 2005 Location: Atlanta, GA iTrader: (0)	It doesn't make sense. Most dealers ask for $500 or $1000 for a deposit. If you write them a check, most of them don't even deposit your check.
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10-28-2005, 03:44 PM	#11
Cory1000 God 30 Rep 320 Posts Drives: 2006 325i Join Date: May 2005 Location: NJ iTrader: (1)	I gave 1,000, they didnt cash it intil 2 weeks after I had car...
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10-28-2005, 04:23 PM	#12
puck724 COLTS 4 LIFE!!! 99 Rep 1,746 Posts Drives: 2006 330i Join Date: Aug 2005 Location: california iTrader: (1) Garage List 2006 330i [0.00]	my dealer did not ask for a deposit at all. __________________ 2006 330i --sapphire black--black leather --alumminum trim --premium package --cold weather package --park distace control --automatic transmission --navigation with iDrive
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10-28-2005, 10:55 PM	#13
CALIF65GM Colonel 97 Rep 2,041 Posts Drives: e93-35 May08 ED Join Date: Jun 2005 Location: SF, CA iTrader: (0) Garage List 06 - Oct. 05 build ... [0.00]	Geeez what dealer is this? $5K for a deposit?? :mad: Even $2K is too much, this is not a good sign. I'd bail on this dealership fast. __________________ 5-2-08 e93-35 ED Montego w/Jade Grey, Step w/Paddles, PP, SP, CA, hot seats and iPod.Awaing re-delivery soon. Debadged 330xi ED 11/14/05 Auto/Mystic Blue/Gray leather with Alum/PP/SP/CA/Fold-down rear seats/Alarm. Sold to Carmax on 6/7/08 with 50,624 miles on clock
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10-28-2005, 11:23 PM	#14
fdc Second Lieutenant 21 Rep 217 Posts Drives: E90 325xi Join Date: Sep 2005 Location: Chicago iTrader: (0)	mine asked for 1,000. I gave my VISA. They never charge it ... I don't like the 5,000 story. fdc __________________ 325xi, leather. Departure: Bremerhaven Sept 28, 2005 Vessel: Franconia K-line (http://www.kline.com/PCC-RoRo/schedu...ticshuttle.asp) Arrived at the Port of Charleston at 04:40 on Oct. 10, 2005 Arrived At VPC: 10/11/05 Left the VPC: 10/14/05 3:40pm Arrived at the Dealer: 10/15/05 3:00pm Delivery: 10/18/05 10:00 am
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10-29-2005, 10:21 PM	#15
cdheaven I'm Starving , So I Guess You Are What You Eat 229 Rep 943 Posts Drives: 2006 325i Join Date: Aug 2005 Location: Ft. Lauderdale, Fl iTrader: (1)	i left 500 bucks.. and i ordered a "weird" car... leatherette, with a whole bunch of options... so IF i backed out, it probably would have been harder for them to get rid of. __________________ 2006 325i Sparkling Graphite Metallic-Black Leatherette Navigation-Bmw Assist Automatic-Xenons Carbon Fiber Front Lips-Aluminum Pedals Power/heated Front Seats 5% Tint all around 30% On windshield all the way down
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10-29-2005, 10:30 PM	#16
SCA Brigadier General 565 Rep 3,742 Posts Drives: Multiple BMWs Join Date: Apr 2005 Location: 🇺🇸 iTrader: (0)	$5k? Screw that! I'd find another dealer. $1000 seems to be the norm. In the past when I have ordered a new BMW I have only given $500.00
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10-31-2005, 11:45 AM	#17
Jon_Hanson Private 4 Rep 98 Posts Drives: Join Date: Apr 2005 iTrader: (0) Garage List 2006 330i [0.00]	I went to the dealership this past weekend to finally order my car. We go through all of the formalities and evetually get to the price. I have a ton of options and even added the alarm, tinting, and having them chrome the sport wheels. The total came to over $53,000 (I told you I added a lot of options). I then offer $49,000 and the salesman tries to tell me that they don't negotiate on custom-order cars. It was getting close to dinner time so I said that I had to leave because I was getting hungry and I'm sure my wife was wondering where I was. Suddenly he got the urge to go talk to the Sales Manager about their policy of not negotiating on custom-order cars. I really was hungry and told him just to e-mail me his offer. He later countered with $51,8xx. We're still going back and forth.
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10-31-2005, 06:10 PM	#18
chrissal1 Second Lieutenant 24 Rep 263 Posts Drives: 340i Join Date: Jun 2005 Location: Austin, TX iTrader: (0)	What is the invoice on your spec car?
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