[M_Power Rob]

Originally Posted by Bumpinjeep

I had probably the first custom ordered G87, first with carbon package for sure as HEA cars were the ones getting delivered when I got mine. Zero deposit. Didnt sign shit, just sent them a screen shot from my phone of the spec. I just dont get dealers that make it hard for people to spend their money there.

More of the exception to the rule (no deposit). When did you get on the list and what was your dealership's waiting list like?

[JHole]

I, too, put zero down with a large volume dealership in SoCal. I went in with a spec sheet and got an allocation around two weeks later.

[Bumpinjeep]

Originally Posted by M_Power Rob

More of the exception to the rule (no deposit). When did you get on the list and what was your dealership's waiting list like?

No clue how long the list was, I was the first one on it though. Didn't matter, deposits are just dumb and I wouldn't place one anyway as they're going to sell these cars regardless.

[M_Power Rob]

Originally Posted by Bumpinjeep

No clue how long the list was, I was the first one on it though. Didn't matter, deposits are just dumb and I wouldn't place one anyway as they're going to sell these cars regardless.

I guess we can agree to disagree. Not all dealerships are the same or run the same. Some do a high volume of sales and dont care if you walk away due to asking a reasonable deposit, they will sell their allocations/cars to the next buyer. They run a business to make money, not to get accolades.

[M_Power Rob]

Originally Posted by JHole

I, too, put zero down with a large volume dealership in SoCal. I went in with a spec sheet and got an allocation around two weeks later.

Again, not all are the same. Receiving an allocation two qeeks after getting on a list (submitting your order), you sure got lucky. By Jan 2023, my dealership had a list over 25 people and they received 2-4 allocations each month once they started dropping.

[NewToM]

Originally Posted by iifymbro

For what it's worth that's what I had to put down on the M2 I ordered today from a high volume dealership. Was $2500 for my m340i. they go towards the final payment so it's not that big a deal in my mind, I'm paying the money anyway and 5k isn't going to net you much in a couple months of investing unless you're gambling it on sh*tcoins in crypto

I had to put a similar deposit down. Once they confirmed the deposit was completely refundable and went towards purchase didn’t see it as an issue. Especially since you likely aren’t waiting a year for a car at this point, and instead just a couple months.

[apez]

The dealer I worked with took a 2k refundable deposit, but only once the allocation was available and I was submitting my build.

With limited allocations it seems like a good way to weed out the non serious folks... I would be upset if some with an allocation before me speed something I didn't like then skipped out. That could have been my car!

[DriveWithDray]

5k is WAY too much for an M2 deposit
Ferrari asks for 10k on a new 400k 296 GTB

My deposit for m2 was 1000$

[Kevin_The_Clean1]

A $2k refundable deposit sounds much more inline with what an M car that's worth what the G87 M2 is. $5k does sound a touch on the aggressive side & is a bit much to ask most people upfront.

My X3 M Competition pretty well equipped was around $82k MSRP & I ordered it "per my desired specs" without pitting a single cent down beforehand. They did however run a full credit check before the allocation was fulfilled.

I would definitely deal with a less greedy & money hungry dealership. Some of them think it's okay to play with these pre order semantics because they've done it to a few others before & gotten away with it.

Give the dealerships that are much more willing to do a reasonable pre-purchase deal with you the business of a possible sale. A dealership that seams to value your business before they dig deep into your pockets.

[JABCAT]

The only vehicle order I've given a deposit for in the last 20+ years was my wife's '23 Grand Cherokee Summit. It was $1k once our order was accepted and a VIN was provided. It was required because our order was at 4% below invoice. I was fine with that. I've ordered many vehicles over the years and prior to the GC, the last deposit I gave was in 1999.

If you're willing to expand your search, these vehicles can be found and/or ordered without a deposit.

[MG20i]

2 dealerships a bit farther away state $2500 and $1000 for any ordered car. Excellent.

[Trogster]

On Saturday, I put $5K down at my local BMW dealership.

On Monday, they reached out to me declining to sell me a car.

Asshats!

[MG20i]

Originally Posted by Trogster

On Saturday, I put $5K down at my local BMW dealership.

On Monday, they reached out to me declining to sell me a car.

Asshats!

Sounds like someone offered a bit more to take your allocation. I have heard of that happening unfortunately.

[Trogster]

Originally Posted by MG20i

Sounds like someone offered a bit more to take your allocation. I have heard of that happening unfortunately.

Nope....the Dealer told me I could have a M2 only if I finance or lease...no cash sales.

That was a year ago...now they would beg me to buy one.

[Ointment0440]

Local dealer wanted $3k non-refundable deposit to order our M2. I felt it was high, but they had an available allocation while others with refundables would have been waitlist.

[Kevin_The_Clean1]

Originally Posted by Ointment0440

Local dealer wanted $3k non-refundable deposit to order our M2. I felt it was high, but they had an available allocation while others with refundables would have been waitlist.

I've always wondered why some dealership require a non-refundable deposit. Are they worried that G87 M2 might take too long to move off the lot... ? They sure do some interesting & creative things when it comes to M cars huh.

[iifymbro]

Originally Posted by Kevin_The_Clean1

I've always wondered why some dealership require a non-refundable deposit. Are they worried that G87 M2 might take too long to move off the lot... ? They sure do some interesting & creative things when it comes to M cars huh.

might be that they don't want someone to walk in and take one of their few build slots to make a terrible build then abandon it before delivery so the dealer is stuck with a uggo car on the lot. Less of a potential issue with the M2 currently though because there's so few options but you can make some nasty color/option combinations with M3/M3/M5 builds lol

[Kevin_The_Clean1]

Originally Posted by iifymbro

might be that they don't want someone to walk in and take one of their few build slots to make a terrible build then abandon it before delivery so the dealer is stuck with a uggo car on the lot. Less of a potential issue with the M2 currently though because there's so few options but you can make some nasty color/option combinations with M3/M3/M5 builds lol

I was thinking that too after my last post was made about this topic & from a seller perspective, that makes sense.