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How do you guys pay when taking delivery?

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Old 02-07-2023 | 09:09 PM
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IOU
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Old 02-07-2023 | 09:14 PM
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I had a cashiers check made out to both the dealership and myself just in case things went sideways on delivery day. No way was I wiring the money until I saw the car that I had special ordered just for myself, waited so long to get and needed to make sure that there was no damage to it. I cannot even imagine getting your money back if you wired the money first and then the car arrived wrong, without some options that you ordered or had damage on it during shipping. I paid with for some incidentals (tags, doc fees etc) with my debit card.
Old 02-07-2023 | 09:23 PM
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I have written simple, personal checks on my checking account several times at the local dealer over the years, for sums about 92K, 140K and 114k. no problems, no questions asked. I live in the Midwest and am a known entity to this dealer by this time but again, they took my check for the first car too.
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Old 02-07-2023 | 09:53 PM
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I wrote a personal check for my GTS. The finance guy told me it was a felony for the check to the bounce while giving me a big wink.
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Old 02-07-2023 | 10:04 PM
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Originally Posted by IPA1
Cashiers checks are as worthless as the paper they are printed on. If thats what your dealer wants....

Not true....cashiers checks are guaranteed by the financial institution and the money is drawn from the financial institutions account.
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Old 02-07-2023 | 10:18 PM
  #21  
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I assume this is a troll post to make it appear that you’re taking delivery of a 911. Because any adult that has ever purchased a vehicle, would know to just wire the money on any of the other six days of the week before delivery.

But anyhow, good video on certified check fraud scheme.
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Old 02-07-2023 | 10:30 PM
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I have paid with a personal check and a debit card in the past.
Old 02-07-2023 | 10:35 PM
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Originally Posted by ipse dixit
I have never had a problem taking delivery without having the funds transferred the same day, assuming your credit score is high enough.

Because if you renege on your payment (either b/c your wire didn't go through, or your check is bad, etc.) the dealership just converts the purchase into a lease.

But as others have said, you can simply wire the funds on a Friday, take delivery on Sunday. It's not like the Porsche dealership is going to vaporize between Friday and Sunday and run off with your money.
I won't know the total amount of the transaction beforehand until day of pick up on a weekend- mainly re: features to add. Usually there is some negotiation on the add ons which will change the final number.
Old 02-07-2023 | 10:36 PM
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Originally Posted by ipse dixit
I have never had a problem taking delivery without having the funds transferred the same day, assuming your credit score is high enough.

Because if you renege on your payment (either b/c your wire didn't go through, or your check is bad, etc.) the dealership just converts the purchase into a lease.

But as others have said, you can simply wire the funds on a Friday, take delivery on Sunday. It's not like the Porsche dealership is going to vaporize between Friday and Sunday and run off with your money.
Originally Posted by blackland
I have paid with a personal check and a debit card in the past.
I know I've always done this and it's a little surprising they won't take it
I usually just write the check in front of the finance guy and deal is done.
To pre-plan this is annoying and I have no idea what the total is going to be and I'm sure I can save more if I'm physically present asking for a discount on the add on options than to predetermine the # and wire in advance.
Old 02-07-2023 | 10:37 PM
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Originally Posted by shrimp money
I assume this is a troll post to make it appear that you’re taking delivery of a 911. Because any adult that has ever purchased a vehicle, would know to just wire the money on any of the other six days of the week before delivery.

But anyhow, good video on certified check fraud scheme.
https://youtu.be/05KoCvE1EDQ
What this is not a troll post I've always written a check in real time it's dumb to pre plan # in advance you lose discount negotiation on add ons which I understand some people may not get but I always get it and I can usually get them to drop the cost when I'm in the checkout seat.
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Old 02-07-2023 | 10:38 PM
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Originally Posted by CubsFan1
It’s not a pain at all. You can go to your bank and schedule the wire. Where I bank, for large wires, there is a two step approval process once the wire is requested. You can ask them to time it on the day of your choosing Mon-Fri. Obviously ensure you’ve done all the necessary due diligence on the car before sending the wire. You can place a CC deposit to hold the car contingent on X, Y, and Z. Once your requirements are confirmed send the wire.
The problem is you have to know how much to wire beforehand and I want to negotiate day of.
Old 02-07-2023 | 10:51 PM
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Originally Posted by WenigerAberBeser
IOU
Written in disappearing ink.
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Old 02-07-2023 | 10:56 PM
  #28  
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Wire them 95% and pay the difference with a debit/credit card.
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Old 02-07-2023 | 10:56 PM
  #29  
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Originally Posted by Triathlonkid
The problem is you have to know how much to wire beforehand and I want to negotiate day of.
Get the Certified check for the amount of the car. Any ad ons can be paid by personal check or cc.
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Old 02-07-2023 | 11:23 PM
  #30  
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Originally Posted by malba2366
Not true....cashiers checks are guaranteed by the financial institution and the money is drawn from the financial institutions account.
​​​​​​​Cashiers checks aren't what they once were all thanks to the scumbag counterfeiters. My Dealership won't take them any more....just once before I leave this world I'd like to get my hands on one of the lowlifes who ruin things for honest people. Especially one who targets senior citizens.


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