It appears that there are between 3 and 5% of reservations here, quite a few have mentioned they have multiple reservations, extrapolating that by 30 times means that there is a statistically a large number of second reservations that people made because they (insert reason; weren't sure if they were locked to model (confusion over swapping in the early days), didn't think the first one took, etc, not that they necessarily wanted two vehicles, that works be a distinct minority). So there is a pool of reservations out there, if only 1% got a second reservation, that is 2000 of them, those are the reservations that would be placed as orders at different dealers (while Ford claims it is refundable after order, the dealer has the deposit, so its return is not guaranteed, as Ford is not party to the sales contract.) Hopefully this clears up your misconceptions.
I understand where your coming from but we have a situation here where there are more reservations than trucks. Deposits of 1000 or more, wether refundable or not, will separate the men from the boys. This is where the rubber meets the road. More cliches to follow. Time to step up to the plate. etc.
What he said with an additional “why would you let people make two reservations!” That was not necessary, and the start of the whole fiasco.
Bingo, it isn't. That is an old school method of covering the dealers rear. However it makes no sense with the Bronco because unless someone orders a completely outlandish setup, that Bronco isn't sitting on the lot if the original buyer backs out. At least, not in 21/22. There is no reason for the dealer to need 'insurance' outside the fact that they think you're so excited you'll pay it.
Did this dealer also ask for naked selfie and to meet you at a rural motel location to seal the deal?
I have no misconceptions. A dealer can't take someone's reservation and turn it into an order for themselves if that is what you are implying. The bronco has to be sold to the same name on the reservation. Otherwise dealer faces major sanctions from Ford.
Agreed. If they are giving you a really good deal, I'd tell them I'll come back in March, before the window closes and put in the order / deposit.
I disagree. Non-refundable deposits of 1000 or more are for people that would rather have some one else collect interest on their money. I could put $60k deposit down, but never will. A higher deposit does not equal getting the Bronco any faster.
Spoke to my dealer, no deposit, no anything. Some dealers seem to be more about building a relationship than slaughtering the buyer...that's a good thing.
The deposit doesn't come with any type of contract / agreement?
Wait, what, at this point every dealer in the country has more reservations than they have trucks. None have been built. I think I need a better explanation to understand what that sentence means. Ford has committed to build a Bronco for every reservation that is converted to an order, so a non refundable deposit of a $1000, or more is out of the ordinary.
