At what point is payment actually due (reserved orders)?

[Nobody]

New to this reserved order business. When should I expect to pay on this thing? In December when we get to finalize the configuration, or on delivery, or somewhere in between?

Sponsored

 

[BroncoHooves]

New to this reserved order business. When should I expect to pay on this thing? In December when we get to finalize the configuration, or on delivery, or somewhere in between?

When order banks open in December Some dealers will ask for a miniscule deposit when the order is put into the system. The majority of paying/financing happens when you take delivery and sign.

 

[rtaylor]

On delivery. Some dealers might ask for a small or large deposit, but it is negotiable and you should ask for $0. Give them an incentive to make sure it is delivered quickly.

The only exception would be for a configuration that is unpopular in your area (e.g. grocery-getter with manual trans) that the dealer does not want to be stuck with.

Sponsored