A "friend" placed a deposit for a Shelby with a local dealer. The check was returned by the dealer stating they could not accept a deposit on an '07. Seems to me they already accepted a deposit and returned it. Has anyone else heard of anything similar? My "friend' thinks this is a ploy to jack up the price or reserve Shelby’s for VIPs. Any ideas?
I'm not sure. I know some dealerships refused to take deposits in the first place. I get the feeling they are actually not supposed to take deposits on a car, when they don't yet know how many they will get, etc. It's one thing to start a list of interested parties, and another to take a deposit. I personally don't think they should be taking deposits on the car without knowing if they can deliver. I know I would not be too happy if I put down a deposit and was later told, "Sorry, we only got 2 cars and you were third on the list." RS
In some States the law requires the "goods" to be sold if there is a deposit. That's why some dealers can not take a deposit if they don't yet know if they are getting a car, hence the returned deposit.
I was more than willing to put a deposit down, I just felt it would lock me into the deal. Dealer said there will be no deposit till the car is ordered.
I put down a "totally refundable deposit" only to receive a fax that explained if they did not get enough Shelbys (I went from 2 to 3 to 5 on the waitlist depending on who I talked to) I would be able to apply the money to any other purchase I wanted After talking to the finance guy again and leaving multiple reminders, I finally got an updated fax that said they would refund my money if they couldn't deliver, and "deposit does not guarantee delivery" Isn't that the point of a deposit??? Reminds me of the Seinfeild episode...you know how to take a reservation, but you don't know how to hold the reservation...and that's really the most important part Curious to see what's going to happen. I'm afraid they are going to go so far over MSRP, being on the waitlist won't make much difference.
