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Deposit on 2008/2009

Discussion in 'Gen 2 Prius Main Forum' started by noname87, Jul 2, 2008.

  1. noname87

    noname87 Junior Member

    Joined:
    Jul 2, 2008
    84
    12
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    Location:
    NC
    Vehicle:
    2008 Prius
    Model:
    Two
    What types of deposits are dealers asking for to be put on a waiting list for a 2008/2009 Prius? The reason I asked is that most of the dealers in my area are asking for $500. However one that I liked (seems the most honest) wants $2000.

    On one hand, $2000 would seem to filter out people on multiple lists and possible result in a smaller waiting list and lead time. For $500, I can see many people (myself included) signing up on multiple waiting list. On the other hand, $2000 deposit is a strong incentive to hold the cash and never deliver.

    Any thoughts?
     
    #1 noname87, Jul 2, 2008
  2. Aunty Den

    Aunty Den New Member

    Joined:
    May 26, 2008
    40
    0
    0
    Location:
    Des Moines, WA
    Vehicle:
    2008 Prius
    Around here the dealers are asking for a $500 "refundable" deposit. The dealers are not cashing the checks but just holding them in their safe. I declined an offer from a dealer and they just shredded the check. The main thing to make sure is whether the deposit is refundable or not. Personally I would not agree to a non-refundable deposit.
     
    #2 Aunty Den, Jul 2, 2008
  3. Stefx

    Stefx Member

    Joined:
    Apr 11, 2008
    336
    4
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    Location:
    Canada
    Vehicle:
    2008 Prius
    When I bought mine in May, I gave a 500$ deposit.
     
    #3 Stefx, Jul 2, 2008
  4. pdhenry

    pdhenry It's HEEERE!

    Joined:
    May 26, 2008
    406
    15
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    Location:
    PA
    Vehicle:
    2008 Prius
    My deposit went on a credit card and yes, it was charged.

    The particular card I used doesn't charge interest for 90 days but I have begun making payments on the $500.

    $500 is enough to keep the lists "clean," so what if people get on multiple lists?
     
    #4 pdhenry, Jul 2, 2008
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