Non-refundable $2500 deposit normal?

[Tonka Bronka]

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.

Or, are you playing the roll of a dealer sales person?

Ok, what I mean is anyone can order a new truck with no money down, taking away a truck from someone who can actually pay for it, then leave it sit at the dealer when it comes in. That helps no one.

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[Tonka Bronka]

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.

Either way if the order holder does not end up buying the Bronco, the dealer will put a nice ADM on it and sell it quickly.

Yes, it may mean getting your bronco faster if a lot of people realize that they are playing with real money instead of a $100 refundable deposit.

 

[BroncoBuckaroo]

My dealer is asking for a non-refundable $2500 deposit. Is this normal? Seems a bit steep for non refundable.

Not normal

It will be $500

Believe if you order a Bronco and don't want it ..they could put on eBay and makes some money

 

[Willow]

I asked my dealer of I needed a deposit, he said "Nope, just the reservation fee".

My dealer said no extra deposit.

 

[Axxlrod]

Non-refundable is ridiculous. It's not like you're ordering some weird vehicle that no one wants and would be hard to sell if you flaked.

Correct me if I am wrong, but if the Bronco showed up at the dealer, and you decided not to buy it, wouldn't they be free to sell it to anyone else and slap a markup on it? If so, the dealer should be happy you flaked and ne happy to refund your deposit.

Whatever. Doesn't matter to me. I'm in CA, and all car deposits are refundable by state law.

 

[Jcims27]

$500 refundable is more than fair for something of this value. If they won’t budge I’d call the Ford corporate 800 number and file a client care issue. Detroit will step in and get them in line or transfer your order to someone who will.

 

[indio22]

It would be one thing to pay a non-refundable deposit, if the vehicle were not still in the ether, and you had already seen, inspected and test driven the vehicle. That to me is a fully informed decision, on a very large purchase. Otherwise you're banking a lot at this point, mainly on an image and feeling. (On the other hand, my Ford stock has nearly doubled, since buying it in March, so everyone send in your deposits to help it go higher, lol.)

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