11-21-2008, 05:25 PM | #1 |
Drives: Gmc Denali /2SS IOM Camaro Join Date: Nov 2008
Location: Bristol Ct
Posts: 93
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Will I lose my Deposit??
I put a deposit down on 10/15 of 2500.00 and I want to know is If GM goes under or just says we will not make this car will it be easy to get my money back? I want this car real bad but don't want to get screwed out of my money because of GM.. Can anyone help me with a answer??? By the way I ordered the 2SS orange.
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11-21-2008, 05:38 PM | #2 |
Moderator
Drives: '99 Camaro SS #1392 Join Date: Jun 2006
Location: Newtown, Pa.
Posts: 3,982
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You should have NO trouble getting your deposit back.
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11-21-2008, 06:29 PM | #3 |
Drives: Black/Black 2SS/RS Join Date: Oct 2008
Location: Dayton, OH
Posts: 733
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It seems like I'm the only person who put a $500 deposit down...
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11-21-2008, 08:12 PM | #4 |
Drives: 10 Camaro SS/07 Silverado 4.8 Join Date: Oct 2008
Location: Ft. Worth/Baton Rouge
Posts: 75
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I put $500 down, that was the minimum that my dealer wanted to place the order. I'll put down more when it actually arrives though.
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11-22-2008, 07:11 AM | #5 |
Drives: Mustang BUT Camaro soon! Join Date: Nov 2008
Location: Ohio
Posts: 26
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If they go totally under, you will lose your deposit.
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11-22-2008, 09:19 AM | #6 |
Drives: 00 Blazer Join Date: Aug 2008
Location: Texas
Posts: 5,104
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While I think it's awesome to pre order if you can afford it. My advice has been to just get your credit pre approved and wait for them to hit the lot. You want to drive it first and hang out with it before you pull the trigger IMO*.
By all means pre order if your rollin in the cream ($$$). |
11-22-2008, 09:48 AM | #7 |
Whipped
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Dude, there's enough bull$hit info on the board, don't go spreading crap like this.
The deposit is through the dealer not GM. . . Call your dealer to find out the answer. . it will take 2 minutes.
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11-22-2008, 11:37 AM | #8 |
Drives: 2000 Grand Prix GTP Join Date: Oct 2008
Location: Arizona
Posts: 4
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What do you think will happen to gm dealerships if gm goes under? They won't have any products to sell.
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11-22-2008, 11:47 AM | #9 |
2010 SIM Beige RS 6M
Drives: SIM RS 6M 66 Corvair Silverado LTZ Join Date: Oct 2008
Location: Kamloops,British Columbia
Posts: 4,677
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They will be the last one to know they are closing , just as the door's lock. THERE ARE LOTS OF DEALERS WHO WILL CLOSE before GM would go down. That is part of the problem....they sold too many franchises and they cannibalize each other. The only secure deposit is on VISA or IN TRUST with a lawyer.
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11-22-2008, 04:46 PM | #10 |
Drives: Mustang BUT Camaro soon! Join Date: Nov 2008
Location: Ohio
Posts: 26
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You will lose your money. What happened back at the beginning of the great depression? Nobody got their money back from the banks because they didnt have any to give back. The dealerships will have no money to give back if the system fails, unless of course the dealerships have deep pockets, then you will get the refund.
Economic times are great right now, they are rolling in the money, so I am sure the dealerships will love to refund your money. But lets just think positive, somehow GM will get through this and in a couple years things will be going strong again and all will be good. |
11-22-2008, 05:25 PM | #11 |
Moderator
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This is what happens when you talk about failure. :slice:
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RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet//
Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban |
11-22-2008, 05:29 PM | #12 |
Drives: X-15 Velocipede Join Date: Mar 2008
Location: SW Florida
Posts: 4,637
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11-23-2008, 10:14 PM | #13 |
http://gtoautoglass.com
Drives: 2010 Camaro RS SS Join Date: Nov 2008
Location: Covina, CA
Posts: 131
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I JUST ORDERED MINE IN SO CAL, NO DEPOSIT REQUIRED AND NO MARK UP EITHER
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11-24-2008, 05:55 AM | #14 | |
Keeper of the Faith
Drives: 2001 Z28 Agressively Join Date: Apr 2008
Location: Rosenberg,Texas
Posts: 1,383
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Quote:
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2010 Camaro SS R6P 2001 Camaro Z28 1969 Camaro SS clone |
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