$500 Deposit = First on List - Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community

IntenseDVDA · 02-13-2012, 02:00 PM

So I reached out to three of my local dealers a few weeks back. Sent them each the same email explaining my interest in the BRZ, which one I wanted and what I could do to secure one. All three got back, but each had slightly different responses:

Dealer 1 - We'll put your name on an informal list and contact you when we begin getting shipments.
Dealer 2 - We don't have a lot of info on the BRZ, but we'll keep you updated.
Dealer 3 - Fill out an online credit application, put down a $500 deposit and I'll be first on the official dealership list.

I'm considering choosing dealer 3 but with one caveat - I plan on going through my own bank for financing. I don't have a problem putting down $500 so long as they give me something in writing.

So what do you all think? Is the $500 plus potential interest I'd lose be worth it? My heart says yes. My head is somewhat conflicted. But damn, it'd sure be nice to have this thing broken in and ready to roll all summer!

Zaku · 02-13-2012, 02:06 PM

I'm quiet confused myself I live in the same area as you, and there's a subaru guy here on the forum from a dealer saying his dealer has 4 with deposits on the list already. Then 2 other places and got the we don't have alot of information and their is no information pre ordering at this point. I need to call the Scion and see what happens with them too.

And... to be honest I'm in the same position as you, because... I know you should pre order now to get the car as soon as possible with out fighting but at the same time... none of it makes sense.

Edit: I think the ninja mods got him .. i don't see his thread any more @__@ in the Mid A area

bestwheelbase · 02-13-2012, 02:08 PM

Curious about this too. In my mind, putting down a deposit to hold an order spot is just that - a reserved spot. No need for a credit app.

Restaurants don't charge me when I call to make the reservation. I pay after the dinner haz been eated!

IntenseDVDA · 02-13-2012, 02:14 PM

Quote:

Originally Posted by bestwheelbase

Curious about this too. In my mind, putting down a deposit to hold an order spot is just that - a reserved spot. No need for a credit app.

Restaurants don't charge me when I call to make the reservation. I pay after the dinner haz been eated!

For sure. I'm guessing they want to be sure whoever wants to car can afford it. But at the same time, I think we're all certain that demand will outpace supply, at least early on.

Tbxgz · 02-13-2012, 02:15 PM

Quote:

Originally Posted by IntenseDVDA

So I reached out to three of my local dealers a few weeks back. Sent them each the same email explaining my interest in the BRZ, which one I wanted and what I could do to secure one. All three got back, but each had slightly different responses:

Dealer 1 - We'll put your name on an informal list and contact you when we begin getting shipments.
Dealer 2 - We don't have a lot of info on the BRZ, but we'll keep you updated.
Dealer 3 - Fill out an online credit application, put down a $500 deposit and I'll be first on the official dealership list.

I'm considering choosing dealer 3 but with one caveat - I plan on going through my own bank for financing. I don't have a problem putting down $500 so long as they give me something in writing.

So what do you all think? Is the $500 plus potential interest I'd lose be worth it? My heart says yes. My head is somewhat conflicted. But damn, it'd sure be nice to have this thing broken in and ready to roll all summer!

What dealerships did you reach out to?

bestwheelbase · 02-13-2012, 02:23 PM

Quote:

Originally Posted by IntenseDVDA

For sure. I'm guessing they want to be sure whoever wants to car can afford it. But at the same time, I think we're all certain that demand will outpace supply, at least early on.

Afford what? No price has been announced! We are being anxious by reserving spots but pre-qualifying something with no price... that's putting the cart before the horse.

IntenseDVDA · 02-13-2012, 02:25 PM

Quote:

Originally Posted by bestwheelbase

Afford what? No price has been announced! We are being anxious by reserving spots but pre-qualifying something with no price... that's putting the cart before the horse.

And precisely what I plan on writing in my email back.

bestwheelbase · 02-13-2012, 02:28 PM

Quote:

Originally Posted by IntenseDVDA

And precisely what I plan on writing in my email back.

Can't wait to hear what they say.

tranzformer · 02-13-2012, 02:37 PM

Interest on $500? What is that like $.15 at the current interest rate. That shouldn't be an issue. What should be is if it is refundable (better be). Don't worry about the interest.

Zgrinch · 02-13-2012, 02:39 PM

Can you get him to commit to no more than MSRP, or lower. (in writing)

dsgerbc · 02-13-2012, 02:47 PM

My dealership didn't need any credit application. Just the deposit.

tranzformer · 02-13-2012, 02:49 PM

Also, if you write a check many times the dealership won't cash it until you take delivery of the car.

MarkRacerX · 02-13-2012, 03:01 PM

No need for a credit app if you are handling your own Financing. That will only be another inquiry to Potentially lower your credit score.

Dave-ROR · 02-13-2012, 03:05 PM

Quote:

Originally Posted by IntenseDVDA

So I reached out to three of my local dealers a few weeks back. Sent them each the same email explaining my interest in the BRZ, which one I wanted and what I could do to secure one. All three got back, but each had slightly different responses:

Dealer 1 - We'll put your name on an informal list and contact you when we begin getting shipments.
Dealer 2 - We don't have a lot of info on the BRZ, but we'll keep you updated.
Dealer 3 - Fill out an online credit application, put down a $500 deposit and I'll be first on the official dealership list.

I'm considering choosing dealer 3 but with one caveat - I plan on going through my own bank for financing. I don't have a problem putting down $500 so long as they give me something in writing.

So what do you all think? Is the $500 plus potential interest I'd lose be worth it? My heart says yes. My head is somewhat conflicted. But damn, it'd sure be nice to have this thing broken in and ready to roll all summer!

Have you talked price? IE purchase at MSRP, less than, more than? etc

I wouldn't fill out a credit app to get on a list, that's for sure.

02-13-2012, 02:00 PM	#1
IntenseDVDA Member Join Date: Feb 2012 Drives: WRB BRZ Location: Maryland Posts: 83 Thanks: 10 Thanked 7 Times in 5 Posts Mentioned: 0 Post(s) Tagged: 0 Thread(s)	$500 Deposit = First on List So I reached out to three of my local dealers a few weeks back. Sent them each the same email explaining my interest in the BRZ, which one I wanted and what I could do to secure one. All three got back, but each had slightly different responses: Dealer 1 - We'll put your name on an informal list and contact you when we begin getting shipments. Dealer 2 - We don't have a lot of info on the BRZ, but we'll keep you updated. Dealer 3 - Fill out an online credit application, put down a $500 deposit and I'll be first on the official dealership list. I'm considering choosing dealer 3 but with one caveat - I plan on going through my own bank for financing. I don't have a problem putting down $500 so long as they give me something in writing. So what do you all think? Is the $500 plus potential interest I'd lose be worth it? My heart says yes. My head is somewhat conflicted. But damn, it'd sure be nice to have this thing broken in and ready to roll all summer! __________________ BRZ FTW

02-13-2012, 02:06 PM	#2
Zaku -Proud of Brzerhood- Join Date: Oct 2009 Drives: '17 BRZ CWP LMT. Location: Maryland Posts: 4,153 Thanks: 2,717 Thanked 1,725 Times in 790 Posts Mentioned: 42 Post(s) Tagged: 0 Thread(s)	I'm quiet confused myself I live in the same area as you, and there's a subaru guy here on the forum from a dealer saying his dealer has 4 with deposits on the list already. Then 2 other places and got the we don't have alot of information and their is no information pre ordering at this point. I need to call the Scion and see what happens with them too. And... to be honest I'm in the same position as you, because... I know you should pre order now to get the car as soon as possible with out fighting but at the same time... none of it makes sense. Edit: I think the ninja mods got him .. i don't see his thread any more @__@ in the Mid A area __________________ "The BRZ Section's fine wine" -Zgrinch

02-13-2012, 02:39 PM	#10
Zgrinch Senior Member Join Date: Sep 2011 Drives: 2013 Limited DGM BRZ Location: FL Posts: 1,956 Thanks: 286 Thanked 450 Times in 257 Posts Mentioned: 17 Post(s) Tagged: 0 Thread(s)	Can you get him to commit to no more than MSRP, or lower. (in writing) __________________ BRZGrincherhood

02-13-2012, 03:01 PM	#13
MarkRacerX Senior Member Join Date: Jan 2012 Drives: 12' Evo X , prior 1st 86 FR-S Location: Spokane, WA Posts: 545 Thanks: 697 Thanked 176 Times in 72 Posts Mentioned: 2 Post(s) Tagged: 0 Thread(s)	Deposit No need for a credit app if you are handling your own Financing. That will only be another inquiry to Potentially lower your credit score. __________________ Autocross & Drift = my Anti Drug!! I have Car A.D.D prior few: 12' Evo GSR, 13' FR-S, 11' STi, 08' 135i, 07' 335Xi, 08' STi, 04' 350Z, 04' STi, 02' WRX. 96' GSR, 04' SE-R/SpecV

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02-13-2012, 02:08 PM	#3
bestwheelbase Join Date: Nov 2011 Drives: 1985 P-Type Location: Nashville, TN, USA Posts: 3,710 Thanks: 3,273 Thanked 2,058 Times in 1,098 Posts Mentioned: 50 Post(s) Tagged: 1 Thread(s)	Curious about this too. In my mind, putting down a deposit to hold an order spot is just that - a reserved spot. No need for a credit app. Restaurants don't charge me when I call to make the reservation. I pay after the dinner haz been eated!

02-13-2012, 02:37 PM	#9
tranzformer Delights in pure handling Join Date: Apr 2011 Drives: Zoom Zoom Location: KS Posts: 4,854 Thanks: 0 Thanked 15 Times in 14 Posts Mentioned: 1 Post(s) Tagged: 0 Thread(s)	Interest on $500? What is that like $.15 at the current interest rate. That shouldn't be an issue. What should be is if it is refundable (better be). Don't worry about the interest.

02-13-2012, 02:47 PM	#11
dsgerbc Senior Member Join Date: Jan 2012 Drives: BRZ(sold), STI Location: A2, MI Posts: 1,915 Thanks: 176 Thanked 419 Times in 241 Posts Mentioned: 11 Post(s) Tagged: 0 Thread(s)	My dealership didn't need any credit application. Just the deposit.

02-13-2012, 02:49 PM	#12
tranzformer Delights in pure handling Join Date: Apr 2011 Drives: Zoom Zoom Location: KS Posts: 4,854 Thanks: 0 Thanked 15 Times in 14 Posts Mentioned: 1 Post(s) Tagged: 0 Thread(s)	Also, if you write a check many times the dealership won't cash it until you take delivery of the car.

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