Order deposit receipt and refundable?

[Romak82]

Hello: New member. When you guys made your JLU order deposit did the dealer give you a receipt that stated Refundable Deposit. Is the deposit amount set by FCA or the dealer.

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[JHJLUR]

Hello: New member. When you guys made your JLU order deposit did the dealer give you a receipt that stated Refundable Deposit. Is the deposit amount set by FCA or the dealer.

Dealer, mine didn’t ask for one.. I asked, they said don’t sweat it.

 

[Stuweeks]

I believe it’s set by the dealership as different dealerships in my area had different deposit amounts. I also believe they are usually non-refundable. Mine was a $500 non-runfundable and I received a receipt.

 

[Romak82]

I believe it’s set by the dealership as different dealerships in my area had different deposit amounts. I also believe they are usually non-refundable. Mine was a $500 non-runfundable and I received a receipt.

I Have my own financing with a 0 Downpayment. The dealer is refusing to write Refundable Deposit. What do you guys think?

 

[Stuweeks]

I Have my own financing with a 0 Downpayment. The dealer is refusing to write Refundable Deposit. What do you guys think?

If they won’t write refundable then I’d assume it’s non-refundable.

 

[JHJLUR]

I Have my own financing with a 0 Downpayment. The dealer is refusing to write Refundable Deposit. What do you guys think?

I’m glad my dealer doesn’t operate that way, but it is fairly typical, if you’ve got a good deal with them and things are on the up and up, I wouldn’t worry about something like a $500 non refundable, I think lots of guys on here have done the same.

 

[Dynomite1371]

He asked for a 1k. I said " Absolutely not, I don't 'need $1k sitting on my credit card for 2 months potentially. I'll give you $500". He said "fine" . (Refundable btw) . I feel better putting something down, so they don't sell it out from under me or something. You never know......

 

[YFD_322]

From what I was told long ago it is illegal for them to "not refund" your money, and they could sell it from under you. Happened with the Hellcat.

 

[Romak82]

I made $1000 non refundable deposit for my order. Why wouldn't you want to if you are serious which I am?

Because I am not financing with them. I will buy the Rubi I am pretty approved. Do you see my point.Legally if they do not write a refundable it gives them a reason to keep the Order Deposit.

 

[Mid-life Wrangler]

Mine was $500. The salesperson assured me it was refundable, but I walked out without getting it in writing (like an idiot). He told me the deposit just ensures that the customer is serious and not just wasting their time. I totally intend to follow through with the purchase, so I’m not too worried.

 

[72commando]

$500 refundable though non-refundable is standard for custom orders that may be harder for them to sale.

 

[simpleJL]

Refundable. If they say otherwise, don't deal with that dealership.

 

[simpleJL]

I made $1000 non refundable deposit for my order. Why wouldn't you want to if you are serious which I am?

Because they could turn around and try to stab you on the deal. It isn't set in stone until you pay up.

 

[iki4life]

Mine is $500 refundable and written. But in the midst of the pricing, I changed my mind and told them I wanted to cancel my purchase. They claimed to have "mailed me back my $500 check", which never came in...I told them I would come to the dealer and pickup the money myself and they said the "mailman took the check before they could get to it"
Then the Koons deal came along, and I told them that I'll keep my order but I haven't received the $500 they mailed me almost 3 weeks ago.
Then they magically said, "oh we still have it".

First of all, I gave them $500 in cash. Got a receipt back that said its $500 refundable. When I changed my mind about the order, they said they have to "process the money before I get it back" and I would only receive a "check" back from them, which seemed like total Bullsh*t. If I gave them $500 in cash refundable and changed my mind, I expect to get that same $500 in cash back. Not some type of check.

So the dealers out there are still trying to act sly despite saying the deposit is refundable.

 

[JHJLUR]

Mine is $500 refundable and written. But in the midst of the pricing, I changed my mind and told them I wanted to cancel my purchase. They claimed to have "mailed me back my $500 check", which never came in...I told them I would come to the dealer and pickup the money myself and they said the "mailman took the check before they could get to it"
Then the Koons deal came along, and I told them that I'll keep my order but I haven't received the $500 they mailed me almost 3 weeks ago.
Then they magically said, "oh we still have it".

First of all, I gave them $500 in cash. Got a receipt back that said its $500 refundable. When I changed my mind about the order, they said they have to "process the money before I get it back" and I would only receive a "check" back from them, which seemed like total Bullsh*t. If I gave them $500 in cash refundable and changed my mind, I expect to get that same $500 in cash back. Not some type of check.

So the dealers out there are still trying to act sly despite saying the deposit is refundable.

They aren’t going to keep $500 cash around, they’ll deposit it so they can account for it and you’d receive a check back.... pretty standard process in any larger business.

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