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I feel like I got Screwed...!!! I feel like I got Screwed...!!!
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  #1  
Old 01-25-2009, 04:54 PM
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I feel like I got Screwed...!!!
A week ago I placed my order for an X5 and paid a deposit to the dealer. The dealer didn't have a car with my exact specs in stock, so it was a custom order. The car should go into the build phase either this week or next.

Yesterday, BMW came out with the $2500 rebate for the X5, but it's only for cars in Inventory. Had this been in place last week, I would have, without a doubt, picked out a better equipped car from the dealers inventory and went with that.

I assume there is now nothing I can do? I'm screwed?

Any advice would be interested.
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Old 01-25-2009, 05:05 PM
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Cancel your current order and buy one out of stock.
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Old 01-25-2009, 05:14 PM
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is there a penalty for canceling?
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Old 01-25-2009, 05:57 PM
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I'm sure he will lose his deposit...

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Old 01-25-2009, 05:57 PM
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Theres no penalty for canceling. Just go with a truck in inventory. End of story. You're never fully committed until you take delivery.
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Old 01-25-2009, 05:59 PM
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Quote:
Originally Posted by Craig
I'm sure he will lose his deposit...

Craig

The dealer cant be that dumb. Ofcourse they will transfer his deposit to the new truck. They DO want the sale.
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Old 01-25-2009, 06:38 PM
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Quote:
Originally Posted by poleposition
The dealer cant be that dumb. Ofcourse they will transfer his deposit to the new truck. They DO want the sale.
Maybe if he stays with the same dealer. It was my understanding when I ordered my car, it was a non refundable deposit. It was the same at another dealer I was working with.

I guess, you could always dispute the deposit with your credit card company.

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Old 01-25-2009, 06:43 PM
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The deposit was $2500 bucks.

I'd be THRILLED to get the exact I ordered but with the additional $2500 rolled in. I would also accept a better equipped truck off the lot. I'm not looking to screw the dealer...i'm still buying a truck from him either way. I just want the best deal to myself.

Whats difference does it make if the truck I ordered went into inventory and I took a different one out?
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Old 01-25-2009, 06:50 PM
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> I'm sure he will lose his deposit...


It depends on your State... many states have auto laws that are enormously in favor of the customer when it comes to deposits, e.g., Wisconsin.
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Old 01-25-2009, 06:52 PM
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> Whats difference does it make if the truck I ordered went into inventory and I took a different one out?

Talk to the dealer, he should be able to work this out with the appropriate paperwork, e.g., cancel the order, let the vehicle arrive and go into the dealer inventory, and then buy it out of the dealer inventory.
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