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Old 06-07-2022 | 10:02 PM
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Default Average deposit

Well since it will likely take a year to get any 992, I was wondering how much $ on average did you leave on deposit for your allocation. I would not want to leave a 5 or 10k deposit when that money cam be working for me instead.

thanks
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Old 06-07-2022 | 10:03 PM
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I put down $2500 for an order demand and then brought it up to 10% when i got an allocation.
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Just J (07-07-2023)
Old 06-07-2022 | 10:05 PM
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1500, demand order MSRP.
Old 06-07-2022 | 10:12 PM
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Local dealer requires $5k deposit and 10% when you get allocation. Not much to negotiate.
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Old 06-07-2022 | 10:33 PM
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$1000 to put my name down, refundable.

$5000 when I got an allocation and put an order in. Non-refundable if I bail out.
Old 06-07-2022 | 11:15 PM
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Originally Posted by rouxeny
$1000 to put my name down, refundable.

$5000 when I got an allocation and put an order in. Non-refundable if I bail out.
Unless Hawaii has different laws, deposits are not nonrefundable.
Old 06-07-2022 | 11:31 PM
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Originally Posted by phila12180
Unless Hawaii has different laws, deposits are not nonrefundable.
They are in California.
Old 06-08-2022 | 12:38 AM
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I put no deposit down.

But if the dealer insists, then leave them with a CC, and fill out the form to run your CC but tell them not to run the card unless for some strange reason the deal falls through -- and even then the deposit is fully refundable.

Or, if they insist, ask them you'll charge them interest at LIBOR + 1%. Compounded daily.
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Old 06-08-2022 | 12:47 AM
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I did $0 deposit and $10k when allocation was given.
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Old 06-08-2022 | 02:31 AM
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Originally Posted by phila12180
Unless Hawaii has different laws, deposits are not nonrefundable.
The initial $1000 was refundable. I know because I had a deposit down previously, but then backed out with the onset of the pandemic.
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Vernin (07-12-2023)
Old 06-08-2022 | 06:44 AM
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2500 with allocation
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Old 06-08-2022 | 07:42 AM
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Zero with demand order. 10% at time of allocation.
Old 06-08-2022 | 07:56 AM
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$5K on a CC, refundable entirely. Nothing else until the pick up day arrived.

This was back in July 2021 in FL, first time P-Car purchaser, for context.
Old 06-08-2022 | 08:15 AM
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Seems almost standard…$1000 refundable deposit then 10% when I got an actual allocation.
Old 06-08-2022 | 08:15 AM
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It's always refundable and many states explicitly don't allow a non-refundable deposit for cars.
Unless you're ordering some freakshow spec (Ronald McDonald colors, etc), the deposit should be fairly modest -- around $2k is pretty typical. Once you're established as a customer that "goes all the way", ie completes a few transactions, they get even smaller and even a handshake may suffice.

Sometimes a dealer will ask for another deposit when lock time comes around. This is done primarily as a checkpoint to verify that the buyer is still serious. There's a long waiting list of people who would love a build that isn't locked yet. If you were to bail, even after the lock, the dealer could easily a 992 to someone else right now. In fact, the car would have another buyer before the transporter even got to the lot.

It should be noted, that regardless the size of the deposit, it's not YOUR car until the transaction is completed on delivery day. It may appear in TYD and it may be built to your spec, but "stuff" can happen. If a buyer doesn't take timely delivery or runs into financing/cash issues, demand is so high that cars have ended up in the hands of another buyer. You should have your house in order well in advance of delivery day.


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