how to on my down payment - M3 Forum 2010 2009 BMW M3 2008 BMW M3 BMW E90 M3 E92

johnb · 01-27-2007, 07:34 AM

need some advice was at my bmw dealer he said i could put a 1000.00 deposit non refundable.that i would be #2 on the list i could spec the car the way i want.how do i make sure that i get the car for msrp and how do i make sure i am #2 thanks for anyhelp.

johnb · 01-28-2007, 05:46 PM

no help?

swamp2 · 01-28-2007, 09:31 PM

It should be fairly simple. Just make sure you have a written and signed agreement in place with your dealer. Also, I would get it signed by the sales manager, not your sales person. Make sure the agreement states that you will get a particular car number from all the M3s they get and that your deposit is fully refundable. Some folks have even got their dealers to agree to refundable after they spec and order provided it is not some off-the-wall color/option package. Good luck.

Last E92 M3 · 01-28-2007, 11:12 PM

Quote:

Originally Posted by johnb

need some advice was at my bmw dealer he said i could put a 1000.00 deposit non refundable.that i would be #2 on the list i could spec the car the way i want.how do i make sure that i get the car for msrp and how do i make sure i am #2 thanks for anyhelp.

NON refundable?!

Anyways, you need a written agreement from the dealer by salesmanager (non salesperson).
I've never heard about this non refundable deposit...;

monsta · 01-28-2007, 11:35 PM

Honestly a contract is a contract so even if the salesperson does sign it you could still hold them (salesperson, salesmanager, & dealer) accountable because they work for the same entity...but the more you have in writing the better & make sure you get it refundable deposit (have it in writing also)

What dealer are you going to?

ase2dais · 01-29-2007, 11:06 PM

I guess refundable deposit is base on State Law you are covered

01-27-2007, 07:34 AM	#1
johnb New Member Drives: 2002 corvette Join Date: Jan 2007 Location: new york Posts: 2 iTrader: (0)	how to on my down payment need some advice was at my bmw dealer he said i could put a 1000.00 deposit non refundable.that i would be #2 on the list i could spec the car the way i want.how do i make sure that i get the car for msrp and how do i make sure i am #2 thanks for anyhelp.

01-28-2007, 09:31 PM	#3
swamp2 Major General Drives: E92 M3 Join Date: Sep 2006 Location: San Diego, CA USA Posts: 6,525 iTrader: (1)	Just like any other agreement It should be fairly simple. Just make sure you have a written and signed agreement in place with your dealer. Also, I would get it signed by the sales manager, not your sales person. Make sure the agreement states that you will get a particular car number from all the M3s they get and that your deposit is fully refundable. Some folks have even got their dealers to agree to refundable after they spec and order provided it is not some off-the-wall color/option package. Good luck.

01-29-2007, 11:06 PM	#6
ase2dais //Mdicted Drives: a Cop Magnet Join Date: Sep 2005 Location: 495 Ring Posts: 9,259 iTrader: (17) View ase2dais's Garage	I guess refundable deposit is base on State Law you are covered __________________ Oo\(lll)'(lll)/oO : 2009-e92 ///M3 SpaceGry DCT CF Rf/Trim ZTP ZPP ZCW Sat/PrmSd : \_lOOl___lOOl_/<< Clickies

01-28-2007, 05:46 PM	#2
johnb New Member Drives: 2002 corvette Join Date: Jan 2007 Location: new york Posts: 2 iTrader: (0)	no help?

01-28-2007, 11:35 PM	#5
monsta Brigadier General Drives: E92 M3 Join Date: Oct 2006 Location: Bergen County, NJ/Y.O, NY Posts: 3,118 iTrader: (2)	Honestly a contract is a contract so even if the salesperson does sign it you could still hold them (salesperson, salesmanager, & dealer) accountable because they work for the same entity...but the more you have in writing the better & make sure you get it refundable deposit (have it in writing also) What dealer are you going to?