DEPOSIT? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

fiascoes1 · 11-02-2011, 09:59 PM

So did you guys give the minimum deposit required at your dealership?
Do you guys think it makes a difference if you give a bigger deposit versus a small deposit?
I would like to know what the minimum was at your dealerships?
I gave a 15k deposit and the minimum was $2500.
I was promised in writing MSRP pricing and fully refundable deposit.

2012ZL1 · 11-02-2011, 10:07 PM

I put down 1000.00. I wasn't asked for more, I know my dealer well though, so there is no reason for them to doubt my intentions. I could pay for the whole car upfront if I had to, but at this point its not necessary.

mmarx82 · 11-02-2011, 10:08 PM

With that amount I would have done the minimum and put the rest in a savings account to draw intrest until time to purchase the car.

first one · 11-02-2011, 10:40 PM

Zip and zip

*Mr. Wyndham* · 11-02-2011, 10:48 PM

Z.E.R.O. here.

It varies dealer-to-dealer.

Scarrzz · 11-02-2011, 11:08 PM

.

I was told $1000.00, but they won't take it until they place the order.

.

shockandawe · 11-03-2011, 12:13 AM

A simple handshake should be all that is required.

Scarrzz · 11-03-2011, 12:20 AM

Quote:

Originally Posted by shockandawe

A simple handshake should be all that is required.

If everyone was considerate and honest we wouldn't need police or lawyers.

Your statement is correct in the context that we live in a perfect world. It would be nice in many ways, but then my conscience wouldn't allow me to break the speed limit.

.

1BADZL1 · 11-03-2011, 01:43 AM

According to Becky D $1,000 is about the norm.
Another local dealer says they do not collect a deposit because of "horror" stories..
IE one time they collected a deposit on a car, and the guy that had ordered the car passed away....
The family tried to get the deposit back after the car was delivered to the dealer.... Long of the short...They no longer collect deposits.
Did any of you guys have to go through any kind of credit check at all just curious?
Some do!

fiascoes1 · 11-03-2011, 08:30 AM

Quote:

Originally Posted by MY68RS

According to Becky D $1,000 is about the norm.
Another local dealer says they do not collect a deposit because of "horror" stories..
IE one time they collected a deposit on a car, and the guy that had ordered the car passed away....
The family tried to get the deposit back after the car was delivered to the dealer.... Long of the short...They no longer collect deposits.
Did any of you guys have to go through any kind of credit check at all just curious?
Some do!

No credit check since I'm a previous customer.

fiascoes1 · 11-03-2011, 08:33 AM

Quote:

Originally Posted by OHIO SPEED 2010

things may have changed but in 09 i put the minimum down 500.00 i don't think i would have given ANY dealership 15,000.00 down.

I guess it just depends on how bad do you want the car and what are you willing to do to make sure you secure your allocation, as you can see I was desperate but I won't pay a mark up and that's in writing!

wholloway6 · 11-03-2011, 08:41 AM

500 deposit for 2012 2LT M6 RS at invoice. I would never put 15k for a deposit. Down payment yes, deposit no.

Joebot8484 · 11-03-2011, 08:44 AM

My dealer does $1000 on all his orders. It is refundable if the price is outrageous.

Pappa Joe · 11-03-2011, 08:53 AM

Quote:

Originally Posted by shockandawe

A simple handshake should be all that is required.

Aye! Reminds me of when i went to look at Z28s in the early 90s( I think it was). went into dealership to check some out,saw a beauty, so I sat down with salesman and ended up making deal. I really had no intention of purchasing one at that moment,but I did. So salesman says how much you gonna put down on it .I said too tell you the truth i never brought my cheque book with me,but I have $100 on me ,take this and ill be back tomorrow and ill give you more. He started himming and hawing saying I need more etc.So I said to him,what part didnt you understand? I said I will be back first thing in the morning to give you more money.He kept yakking on about how he needed more etc.I then told him, technically I just have to give you $1.00 to make the deal. Again he started blah,blah blah, so i grabbed the contract we just signed and ripped it up into 100 pcs and tossed it in the air,and told him to go F@#K himself! and left.He kept phoning me every day for a week to come back! Never did!

Like I have stated before, my word is as good as gold. I was totally offended by him and that was it for that dealership!!

11-02-2011, 09:59 PM	#1
fiascoes1 SoCalRaceTeam new-b! Drives: 2012 ZL1/WHITE/BLACK STRIPE Join Date: Apr 2011 Location: norwalk ca Posts: 2,021	DEPOSIT? So did you guys give the minimum deposit required at your dealership? Do you guys think it makes a difference if you give a bigger deposit versus a small deposit? I would like to know what the minimum was at your dealerships? I gave a 15k deposit and the minimum was $2500. I was promised in writing MSRP pricing and fully refundable deposit. __________________ 4B00- 2/16/12 vin 284 my build thread http://www.camaro5.com/forums/showthread.php?t=224028

11-02-2011, 10:40 PM	#4
first one Drives: SSRS - black, GFX, SSX wheels Join Date: Aug 2009 Location: IN Posts: 936	Zip and zip __________________

11-02-2011, 10:48 PM	#5
Mr. Wyndham I used to be Dragoneye... Drives: 2018 ZL1 1LE Join Date: Jan 2007 Location: Buffalo, NY Posts: 31,876 View My Garage	Z.E.R.O. here. It varies dealer-to-dealer. __________________ *"Keep the faith."* - Fbodfather

11-03-2011, 01:43 AM	#9
1BADZL1 THE CAMARO KING Drives: 2012 Camaro ZL1 on order #PZSD7S Join Date: Aug 2006 Location: Out Somewhere Driving My 'BADZL1' Posts: 2,284	According to Becky D $1,000 is about the norm. Another local dealer says they do not collect a deposit because of "horror" stories.. IE one time they collected a deposit on a car, and the guy that had ordered the car passed away.... The family tried to get the deposit back after the car was delivered to the dealer.... Long of the short...They no longer collect deposits. Did any of you guys have to go through any kind of credit check at all just curious? Some do! __________________ 2012 Camaro ZL1 Car Name: Bruce ZL1, LSA, MN6/MG9, DSX, RTQ, VR, Current Status: 2030 1000 Initial Order 11/11/2011 Chevyland 1100 Order accepted at dealer: 11/11/2011 - PZSD7S 2000 Order accepted by GM: 12/14/2011 3000 Accepted By Production Control: 00/00/2011 - TPW 00/00/2011 3100 Sequenced: 00/00/2011 3300 Scheduled For Production:0/0/2012 3400 Broadcast: 0/0/2012 3800 Produced: 0/0/2012 4000 Available To Ship: 0/0/2012 4200 Shipped: 0/0/2012 5000 Delivered To The Dealer: 0/0/2012 6000 Delivered To Customer:0/0/2012

11-03-2011, 08:44 AM	#13
Joebot8484 ZL1 # 1307 Drives: 2012 Camaro ZL1, 2008 Hummzilla H3 Join Date: Nov 2010 Location: Central New York Posts: 1,911 View My Garage	My dealer does $1000 on all his orders. It is refundable if the price is outrageous. __________________ Click on my signature for my build thread

11-02-2011, 10:07 PM	#2
2012ZL1 CaRaHoLiC Drives: '12 ZL1,67 Cam,68 Biscayne 427 4 sp Join Date: Aug 2011 Location: B.C. Canada Posts: 1,701	I put down 1000.00. I wasn't asked for more, I know my dealer well though, so there is no reason for them to doubt my intentions. I could pay for the whole car upfront if I had to, but at this point its not necessary.

11-02-2011, 10:08 PM	#3
mmarx82 Drives: '12 ZL1 #1609 Join Date: Feb 2010 Location: Georgia Posts: 1,762	With that amount I would have done the minimum and put the rest in a savings account to draw intrest until time to purchase the car.

11-02-2011, 11:08 PM	#6
Scarrzz No Fear-No Limits- Camaro Drives: '13 ZL1 or Suzuki Hayabusa Join Date: Jul 2009 Location: Louisiana, CO, GA, TX, etc. Posts: 2,033 View My Garage	. I was told $1000.00, but they won't take it until they place the order. .

11-03-2011, 12:13 AM	#7
shockandawe Drives: 2014 Z51 Corvette Join Date: Dec 2008 Location: Wisconsin Posts: 1,349	A simple handshake should be all that is required.

11-03-2011, 08:41 AM	#12
wholloway6 Drives: 2012 2LT RS M6 Join Date: Oct 2011 Location: Tomball, Tx Posts: 231	500 deposit for 2012 2LT M6 RS at invoice. I would never put 15k for a deposit. Down payment yes, deposit no.

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