Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB

Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB (https://www.ft86club.com/forums/index.php)
-   BRZ First-Gen (2012+) — General Topics (https://www.ft86club.com/forums/forumdisplay.php?f=23)
-   -   $500 Deposit = First on List (https://www.ft86club.com/forums/showthread.php?t=3705)

IntenseDVDA 02-13-2012 03:00 PM

$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!

Zaku 02-13-2012 03:06 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 03:08 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! :lol:

IntenseDVDA 02-13-2012 03:14 PM

Quote:

Originally Posted by bestwheelbase (Post 132965)
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! :lol:

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 03:15 PM

Quote:

Originally Posted by IntenseDVDA (Post 132959)
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 03:23 PM

Quote:

Originally Posted by IntenseDVDA (Post 132974)
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. :word:

IntenseDVDA 02-13-2012 03:25 PM

Quote:

Originally Posted by bestwheelbase (Post 132986)
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. :word:

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

bestwheelbase 02-13-2012 03:28 PM

Quote:

Originally Posted by IntenseDVDA (Post 132987)
:clap: And precisely what I plan on writing in my email back.

Can't wait to hear what they say. :popcorn:

tranzformer 02-13-2012 03:37 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 03:39 PM

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

dsgerbc 02-13-2012 03:47 PM

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

tranzformer 02-13-2012 03:49 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 04:01 PM

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.

Dave-ROR 02-13-2012 04:05 PM

Quote:

Originally Posted by IntenseDVDA (Post 132959)
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.


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