JR BMW in Dallas clearly states $1K NON-REFUNDABLE deposit on S w/ ~ 5 mo. wait. Fairly disgusting given the fact that the sales staff are simply taking orders w/o ever having to really sell the cars. It would appear that this non-refundable scheme is simply a means to potentially extract an incremental $1K of profit by selling the ordered vehicle to a different buyer, should original buyer balk before delivery. Then, there's the fact that this dealer is currently charging ~ +2K > sticker for any in-stock S; obviously, this is simply an example of supply & demand in action..

 

My dealer is Lauderdale MINI.

 

jblow ----> JR BMW is being inappropriate, I'd say. Motor City MINI "recommends" a $500 deposit, which is 100% refundable at any time. Sounds like JR BMW is just being greedy, which is definitely not the MINI-way. You may desire to search for a nicer dealership.

:smile:

 

Long Beach MINI didn't ask for nor require any kind of deposit.
I guess they figure if your on the waiting list for a year, you a serious enough buyer already. :smile:

 

Jbing you said an 8 month wait, where is your dealer on the moon?
Legally, there is no such thing as a 'non-refundable deposit, just make sure to place the deposit with a credit card.