1ed
Aug 18, 2018Explorer
What would you do?
I have been loolkign for a tow vehicle and posted such in the towing vehicle tread. Well I was going to go out of state and all of a sudden I found a vehicle about 30 miles from my home at a GM Deale...
captnjack wrote:mich800 wrote:jfkmk wrote:mich800 wrote:captnjack wrote:2edgesword wrote:
The deposit is the cost of removing the vehicle from the market. You forfeit the deposit if you back out of the deal. I think the dealer is letting you off lightly by just charging the cost of the new rubber.
"the cost of removing the vehicle from the market"
What does that even mean? Sounds a little like "dealer speak" to me.
Plus I doubt they would "remove it" until it actually sold (deal done and closed out and vehicle fully paid for).
It was sold. Unless you are suggesting it would have been ok for the dealer to sell it to someone else after receiving the deposit. Having just purchased a used car last week I know how quick a good used vehicle can sell. I missed out on a half dozen just because I could not get to the location quick enough.
You dont know that because you dont know what the original agreement said.
So you are one of those that would sell it to someone else for a better price even though you took a deposit from someone else? I don't do business that way.
The dealer could keep it available to show prospective buyers and inform them a deposit has been made. The dealer could then inform the new prospective buyer if the deal fell through and the vehicle is available again. Nothing underhanded about it. It is smart business practice.
I'd imagine that deals fall through on a somewhat regular basis, just like this one did for the OP. Vehicles have gotten very expensive and complex. Deals can fall through for several reasons.