mark1228 wrote:
cameronpatentlaw wrote:
midnightsadie wrote:
if you got a signed contract I,d have them eat the $1k.or walk. thats my money and I don,t give it up easy.
That's why the more "questionable" dealers require a deposit. Sure, walk away. They'll keep the $2,500 or whatever you put on deposit to hold the unit. Blustering about hiring a lawyer will not achieve much, either. Once you realize it'll cost much more in legal fees than the deposit, you'll find your only recourse is to rant on rv.net about the crooks that took your cash.
I don't know why anyone ever agrees to put down a deposit. If the dealer wants a deposit, run away. Only when the unit is sitting on the lot and you are sitting in the finance department reviewing the final papers, should your checkbook ever come out. Don't leave your common sense at home when RV shopping! Best, Mike era70x.com
Very few dealers are going to order you a unit the way you want with no money down. Why would they? Having owned a boat dealership, I can tell you that from the dealer side if the customer is not willing to put money down, your odds of having a serious buyer are very slim and not worth dealing with. Just my experience.
Agreed-if you are looking for a custom unit (significant customization), and are willing to lose the deposit if you get cold feet when the unit comes in--that's a different story. But if you intend to buy, there no reason to get everything locked down legally (VIN, model, specific customization details and pricing including all fees and taxes), prior to writing a check. In that case, the "deposit" should be characterized as the down payment. You might want to explore (depending on if it is a very expensive unit), setting up a third party escrow to hold the deposit. Make sure the escrow allows for arbitration if things go south, though. For a non-custom (or minor custom) coach, my earlier post stands--run away if the dealer demands a deposit. A dealer that holds firm on a deposit on a non-custom coach probably pegs you as an easy mark and a fool. Don't be. Best, Mike