is the 1000 dollar deposit refundable?

LDitty · 02-14-2008, 08:46 PM

Kitz · 02-14-2008, 08:50 PM

I think it is, last year I almost changed my mind not getting the 335i because the price sucks and I asked for deposit, the dealer only said that they will sent the deposit to me through mail.
But finally I got my 335i..LOL..

LDitty · 02-14-2008, 10:27 PM

so it is or isn't? i still want the car maybe not the dealer

IrvRobinson · 02-15-2008, 09:20 AM

Most dealers will return deposits,they all should......I would call your dealer and verify this.

NPDAN · 02-15-2008, 09:22 AM

Im sure you signed something when you gave them the 1k. See if it says anything on that.

mrvuml · 02-15-2008, 12:52 PM

Fwiw, when I ordered my car (335i w/6MT) and provided my $1000 deposit (dealer in CA) it said on the paperwork that it was non-refundable. Not sure if its legally binding though. They originally wanted a lot more ($2500) claiming if I backed out they would have a lot of trouble selling my car because its 6MT.

UdubBadger · 05-07-2008, 10:40 PM

deposit is always refundable... its a deposit on buying goods, if you don't buy the goods, you don't have to pay them anything... (unless you signed something saying its a NON REFUNDABLE deposit but even the shadiest of dealers wouldn't try to pull that stunt).

they'll probably give you a run around about it and cut you a check 4 weeks later and mail it to you but you should get it back one way or another.

GreenThree · 05-07-2008, 10:41 PM

Should be refundable. I signed nothing when I ordered.

02-14-2008, 08:46 PM	#1
LDitty Private First Class 8 Rep 154 Posts Drives: 2010 X6 35i Join Date: Feb 2008 Location: Jersey City iTrader: (0)	is the 1000 dollar deposit refundable? is the 1000 dollar deposit refundable?
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02-14-2008, 08:50 PM	#2
Kitz Major 79 Rep 1,319 Posts Drives: ex BMW Join Date: Jun 2007 Location: socal 2006-2010, Jakarta 2010+ iTrader: (4)	I think it is, last year I almost changed my mind not getting the 335i because the price sucks and I asked for deposit, the dealer only said that they will sent the deposit to me through mail. But finally I got my 335i..LOL..
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02-14-2008, 10:27 PM	#3
LDitty Private First Class 8 Rep 154 Posts Drives: 2010 X6 35i Join Date: Feb 2008 Location: Jersey City iTrader: (0)	so it is or isn't? i still want the car maybe not the dealer
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02-15-2008, 09:20 AM	#4
IrvRobinson Banned 39 Rep 731 Posts Drives: X3 Join Date: Jul 2006 Location: Chicago iTrader: (0)	Most dealers will return deposits,they all should......I would call your dealer and verify this.
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02-15-2008, 09:22 AM	#5
NPDAN Colonel 99 Rep 2,572 Posts Drives: AW DCT M3 Join Date: Feb 2007 Location: So.Cal iTrader: (7) Garage List 2008 E92 M3 [8.00] 07' E92 335i [0.00]	Im sure you signed something when you gave them the 1k. See if it says anything on that. __________________
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02-15-2008, 12:52 PM	#6
mrvuml Lieutenant 19 Rep 459 Posts Drives: E90 335i w/ZSP Join Date: Nov 2007 Location: SLO, CA iTrader: (0) Garage List 2008 335i Sedan [0.00]	Fwiw, when I ordered my car (335i w/6MT) and provided my $1000 deposit (dealer in CA) it said on the paperwork that it was non-refundable. Not sure if its legally binding though. They originally wanted a lot more ($2500) claiming if I backed out they would have a lot of trouble selling my car because its 6MT.
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05-07-2008, 10:40 PM	#7
UdubBadger Banned 648 Rep 24,685 Posts Drives: '04 330i ZHP Join Date: Dec 2007 Location: Chicago Burbs iTrader: (22) Garage List 2004 BMW 330i ZHP [9.50] 2011 135i [7.46] 2008 328xi [8.76]	deposit is always refundable... its a deposit on buying goods, if you don't buy the goods, you don't have to pay them anything... (unless you signed something saying its a NON REFUNDABLE deposit but even the shadiest of dealers wouldn't try to pull that stunt). they'll probably give you a run around about it and cut you a check 4 weeks later and mail it to you but you should get it back one way or another.
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05-07-2008, 10:41 PM	#8
GreenThree Colonel 216 Rep 2,110 Posts Drives: 2011 e90 Join Date: Mar 2008 Location: Boston, MA iTrader: (0)	Should be refundable. I signed nothing when I ordered. __________________ 2015 335xi \| Mineral Grey Metallic \| Black Dakota Leather \| NAV \| SportLine \| ZPP \| ZDA \| ZCW \| Munich Build Retired: 2008, 2011, 2013 328xi
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