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      05-13-2024, 06:59 PM   #1
theindus
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MY25 custom order and deposit?

Did you put down a refundable or non-refundable deposit for your custom order?

I was told over text that I would need to put down a $2,500 non refundable deposit in New England but the GM said they don’t take deposits.

What was your experience? Thanks in advance
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      05-13-2024, 07:05 PM   #2
blockhead25
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I did not have to put down a deposit at the dealer I worked with, but I did need to get a credit check by BMW to have the car assigned to me. A different dealer I worked with said they needed a $1,000 refundable deposit. Seems like it is up to the dealer as to how to handle.

I get a small deposit to lock the car in and make buyer feel some obligation. But $2,500 non refundable seems a little crazy. MSRP on mine is about $76K
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      05-13-2024, 07:29 PM   #3
TurtleBoy
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It depends on the dealer and state law. Many required a non-refundable deposit when doing a custom order. Some however will even refund those if it is prior to the vehicle going into production begins. My dealer, like yours, requires a $2,500 non-refundable deposit.
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      05-13-2024, 07:48 PM   #4
NickyF25
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I put down a $1,000 refundable deposit on a custom order 40i xDrive. Wife and I both have excellent credit but plan to pay cash for vehicle. Production date is 5/25.
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Last edited by NickyF25; 05-13-2024 at 08:25 PM..
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      05-13-2024, 08:13 PM   #5
Javiggan
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No deposit as long as you have good credit.

I thought I had to leave a 1k deposit when I first walked in, but the sales asked if I have good credit and I sad yes. They ran my credit and I placed the order, that simple.
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