Quote:
Originally Posted by rajindergill
I would do the sensible thing that would make you sleep better at night and cancel the order. If your income does not recover quickly then you do not have the $100k financial commitment, but at worst lost $1k - its few weeks beer money or small holiday. But in these times, I think the dealer will give back the deposit as they cannot guarantee delivery with any certainty.
In addition, to kick start the economy they will no doubt be discounting the cars further, so if your income recovers you'll get the $1k in better discounts next time round.
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I agree...if this continues much longer (and no one really knows) the deals theoretically will improve (pricing, financial incentives) so waiting a few months may be a benefit. I'm waiting and watching to see what is offered after another month or so, especially as the auto outlook remains bleak.