trm0002 08-30-2008, 03:50 PM I did. Anyone else ? #7 on the list with 3 being V6- to each his own I guess.
And before you say a dealer can't do that, do some research on Paddock Chevrolet. They have been the largest passenger car dealership in the US on many occasions.
http://www.paddockchevrolet.com/Welcome
http://i185.photobucket.com/albums/x124/trm0002/CAMARO_PURCHASE.jpg
TrickStang37 08-30-2008, 04:38 PM just so your not caught off guard, don't be surprised if your car gets sold to someone willing to pay $$ in mark up. it happens all the time. even after getting financing and going through all the paperwork, the car isn't technically or legally yours until the tires hit the street.
diarmadhi 08-30-2008, 05:38 PM non-refundable deposit... I hope you have run this by your lawyer... Dodge dealers screwed over SEVERAL people who had paperwork just like this "but" ended up losing money due to "market adjustment"...
CLEAN 08-30-2008, 05:42 PM I never put deposit money down, nor do the dealers I work w/ ask for it. As for the Camaro, we'll be getting one once GMS is available, so I have no need to rush out and get on a list.
trm0002 08-30-2008, 05:43 PM just so your not caught off guard, don't be surprised if your car gets sold to someone willing to pay $$ in mark up. it happens all the time. even after getting financing and going through all the paperwork, the car isn't technically or legally yours until the tires hit the street.
While I agree with your premise, I specifically asked a couple questions. The answers are paraphrased below.
1) what does #7 mean? 7th car to come in? aka take or pass?
Ans: Understand that we will be keeping the first 2 vehicles that arrive.
Since you know exactly what you want, yours will be a factory order,
placed at time pricing is released and we can order. When we have
the ability to discuss our allotment with Chevy, person #1 has the
option to "special" order or take the third car in the alottment, then
the 2nd person on the list, then the third, etc. The only
possible problem arises if Chevy doesn't let us special order
as part of our initial allotment.
If the first 6 people knowingly still decide to factory order,
you would actually have the opportunity to buy, at MSRP,
the third car to come in, then 4th...Otherwise, you would be
7th in line for a factory order from us and it could be a month
or two, or more, before you see your car, if we have to wait to do
a special order. When we know the anticipated delivery date,
you will know, and at that time you will still have the opportunity to
buy one of the non-special orders that would be coming in. But, if you
decide to wait on delivery of your "special order", then you must wait.
Ya, I was confused for a moment too. Suffice it to say there is no real answer until they know, when Chevy tells them they're getting 6 cars, if they have to choose from a factory production run of various options or if they can actually "order" those 6.
2) So does that mean you're going to take all the first cars you can get
your hands on and hope they fit individual requirements?
Ans: Like I said, will be keeping the first 2 cars we get in our showroom
for a while. At this time we honestly don't have any idea of how
Chevy is going to allocate these cars; just that, with our history,
we assume ours will be one of the larger allocations. If we can
"special order" the vehicles as our allotment, those orders will be
the priority.
3) So, if you have pricing in December as anticipated, at that time you
should also know your allocation and whether those can include
customer/"special"/ factory (all meaning the same thing) orders?
Ans: That is our understanding. Although a little birdie says pricing
will be out sooner than that. UNCONFIRMED.
Trick,
Don't know if that answered your concern or not. For me, while I was a little confused, as they were, I am quite content that I'm not going to get screwed here. Especially when told up front that the first two cars they can get their hands on are NOT for sale ( or maybe are at some ADM ); the deposits start with car #3. I have no reason not to take that as the Gospel Truth.
90 Z28SS 08-30-2008, 05:54 PM I wont be putting my money where my mouth is until theres a actual car to drive and look at .
TrickStang37 08-30-2008, 06:30 PM While I agree with your premise, I specifically asked a couple questions. The answers are paraphrased below.
1) what does #7 mean? 7th car to come in? aka take or pass?
Ans: Understand that we will be keeping the first 2 vehicles that arrive.
Since you know exactly what you want, yours will be a factory order,
placed at time pricing is released and we can order. When we have
the ability to discuss our allotment with Chevy, person #1 has the
option to "special" order or take the third car in the alottment, then
the 2nd person on the list, then the third, etc. The only
possible problem arises if Chevy doesn't let us special order
as part of our initial allotment.
If the first 6 people knowingly still decide to factory order,
you would actually have the opportunity to buy, at MSRP,
the third car to come in, then 4th...Otherwise, you would be
7th in line for a factory order from us and it could be a month
or two, or more, before you see your car, if we have to wait to do
a special order. When we know the anticipated delivery date,
you will know, and at that time you will still have the opportunity to
buy one of the non-special orders that would be coming in. But, if you
decide to wait on delivery of your "special order", then you must wait.
Ya, I was confused for a moment too. Suffice it to say there is no real answer until they know, when Chevy tells them they're getting 6 cars, if they have to choose from a factory production run of various options or if they can actually "order" those 6.
2) So does that mean you're going to take all the first cars you can get
your hands on and hope they fit individual requirements?
Ans: Like I said, will be keeping the first 2 cars we get in our showroom
for a while. At this time we honestly don't have any idea of how
Chevy is going to allocate these cars; just that, with our history,
we assume ours will be one of the larger allocations. If we can
"special order" the vehicles as our allotment, those orders will be
the priority.
3) So, if you have pricing in December as anticipated, at that time you
should also know your allocation and whether those can include
customer/"special"/ factory (all meaning the same thing) orders?
Ans: That is our understanding. Although a little birdie says pricing
will be out sooner than that. UNCONFIRMED.
Trick,
Don't know if that answered your concern or not. For me, while I was a little confused, as they were, I am quite content that I'm not going to get screwed here. Especially when told up front that the first two cars they can get their hands on are NOT for sale ( or maybe are at some ADM ); the deposits start with car #3. I have no reason not to take that as the Gospel Truth.
regardless of what they say or write, they can still decide to sell the car you think your getting to the higher bidder. it's not yours untill you drive it off the lot. even if you pay for the car before it even arrives. i'm just letting you know now, because it does happen.
SSPORT10 08-30-2008, 10:39 PM I did. Anyone else ? #7 on the list with 3 being V6- to each his own I guess.
And before you say a dealer can't do that, do some research on Paddock Chevrolet. They have been the largest passenger car dealership in the US on many occasions.
http://www.paddockchevrolet.com/Welcome
http://i185.photobucket.com/albums/x124/trm0002/CAMARO_PURCHASE.jpg
I put my name on a Camaro list with my local Chevy dealer, no deposit required. There were about 10 names before mine, some though waiting for the convertible. I am not counting on them all that much, so if it means nothing then so be it. I am really waiting for GM to release prices later on this year and then I will seriously check with local and out of state dealers. I also contacted Rick Daniel from Maxie Price Chevrolet, just outside of Atlanta Georgia. He is a great guy to work with and will most likely be selling for MSRP, and they are a HUGE dealer of Corvettes and Chevy's, #3 dealer in the country! All these lists really mean nothing at this point in time. The Camaro should not be that hard to find pretty much right away, and as far as over MSRP, that is just plain ridiculous, since GM is expecting to produce betweem 80K - 100K of these cars in the first year.
Slappy3243 08-30-2008, 10:41 PM I would never put my money down on a car before seeing it, feeling it, and taking it for a test drive.
trm0002 08-30-2008, 11:07 PM I put my name on a Camaro list with my local Chevy dealer, no deposit required. There were about 10 names before mine, some though waiting for the convertible. I am not counting on them all that much, so if it means nothing then so be it. I am really waiting for GM to release prices later on this year and then I will seriously check with local and out of state dealers. I also contacted Rick Daniel from Maxie Price Chevrolet, just outside of Atlanta Georgia. He is a great guy to work with and will most likely be selling for MSRP, and they are a HUGE dealer of Corvettes and Chevy's, #3 dealer in the country! All these lists really mean nothing at this point in time. The Camaro should not be that hard to find pretty much right away, and as far as over MSRP, that is just plain ridiculous, since GM is expecting to produce betweem 80K - 100K of these cars in the first year.
Agreed. When I first spoke with them, they were pretty up front with the fact they knew this wasn't a limited production car and they wouldn't be charging some wild markup because of it. Like I said though, they will be holding onto the first two they get in and, more than likely, some ahat will buy each for 5, 10, whatever over MSRP just to have it.
Me, I have no issue paying MSRP to get the car "early"; never over MSRP. Even though this car will be mass produced, I have a feeling that Chevy will have priced this vehicle so that you probably won't see more than $1k off sticker in the long run anyways; unless you wait until 2010 MY end and that's always another story. IMO, they have to price this "correctly" out of the gate so people don't really have to think about whether they want a Mustang or Challenger in its place. For me, to wait another few months to save 1k doesn't really matter. I want the car. Yes, sight unseen; well, physically unseen. We all have a real good idea of what the car looks like, inside and out, at this point. Maybe I'm crazy but I did the same thing with my 04 GTO. Got an email regarding 3500 factory to dealer incentive, went in to get some pricing, and ended up saying, "I want that Yellow one". Didn't drive it until I picked it up. Even I thought I was nuts at that point.
CLEAN 08-30-2008, 11:28 PM Maxie Price Chevrolet
Caveat Emptor.
Search on the Corvette forum for "Z06", "Maxie Price". They even got kicked off as a supporting dealer of Corvette Forum because of their shady business dealings.
ForYourMalice 08-30-2008, 11:37 PM In February I put down a $500 fully refundable deposit for one with a dealership run by a family friend. Def. wouldn't put down any kind of deposit if I wasn't guaranteed my money back on demand.
01pewterz28 08-30-2008, 11:38 PM Good luck I am on the list from my buddy Tom Henry (Tom Henry Chevrolet) no deposit requred. Besides I plan to purchase a Convertible so I have another 1 1/2 to wait :)
trm0002 08-30-2008, 11:47 PM In February I put down a $500 fully refundable deposit for one with a dealership run by a family friend. Def. wouldn't put down any kind of deposit if I wasn't guaranteed my money back on demand.
Again, there is no such thing as non-refundable in NY so I really didn't care if it was written there or not. IF THE DEALER IS PROVIDING THE FINANCING, you have the legal right to void everything you did if you don't agree to the financing terms. That's a fact. One of the few things done right in NY.
TrickStang37 08-31-2008, 12:22 AM Again, there is no such thing as non-refundable in NY so I really didn't care if it was written there or not. IF THE DEALER IS PROVIDING THE FINANCING, you have the legal right to void everything you did if you don't agree to the financing terms. That's a fact. One of the few things done right in NY.
CA too. actually, most states it's illegal to have an exchange of money for no goods or services.
diarmadhi 08-31-2008, 12:39 AM Caveat Emptor.
Search on the Corvette forum for "Z06", "Maxie Price". They even got kicked off as a supporting dealer of Corvette Forum because of their shady business dealings.
And as of July they got reinstated, the dealership owners even hired on rick to repair their poor image and customer service. Since there have been several orders with a high degree of satisfaction. Here is a link to the post.... (http://forums.corvetteforum.com/showthread.php?t=2079020&highlight=)
Back to the topic at hand, Personally I won't get on a list or put any money down until I can drive the car, after that I will start the search for the exact one I want, and if it comes down to it order it then. Being the first on the block means nothing to me, owning a car that I can enjoy driving for many years to come does.
MetalDragon 08-31-2008, 12:41 AM Def. wouldn't put down any kind of deposit if I wasn't guaranteed my money back on demand.
+1
I've been waiting to get my hands on this car for more than two years now. I'm as close to knowing what colors and options and accessories I want as I can get without official info. BUT....I'm not putting money down for something I've never seen in person. Just the principle of the matter. Refundable..fine, nonrefundable....no chance in hell.
trm0002 08-31-2008, 12:46 AM +1
I've been waiting to get my hands on this car for more than two years now. I'm as close to knowing what colors and options and accessories I want as I can get without official info. BUT....I'm not putting money down for something I've never seen in person. Just the principle of the matter. Refundable..fine, nonrefundable....no chance in hell.
I agree with your philosophy of refundable only. That being said, mine is in NY, regardless of what is written on that sales sheet. It's the same BS as "I need a deposit to take to my manager to show you're serious..." You know darn well it's a mental ploy to suck you into the actual purchase and you can get the money back at any time.
TrickStang37 08-31-2008, 01:27 AM I agree with your philosophy of refundable only. That being said, mine is in NY, regardless of what is written on that sales sheet. It's the same BS as "I need a deposit to take to my manager to show you're serious..." You know darn well it's a mental ploy to suck you into the actual purchase and you can get the money back at any time.
doing this they know you'll be back, it's just so you don't go to another dealer and buy one. this way they have first dibs on your purchase.
Pruettfan 08-31-2008, 02:05 AM GM will build as many Camaros as they can sell. For that reason I won't do a deal till I have the ability to see the order sheet and pick and choose all of the goodies I want. If I have to wait a few more months I am fine with that. I will likely wait till Dec 09 anyway for the HUD to be availible.
JakeRobb 08-31-2008, 10:44 AM What if you lose your job or something and can no longer afford to buy it?
Also, I don't see any signatures on that sheet. :no:
Even if there were signatures, what if the guy that signed didn't work for that dealership anymore when the time came to buy? What if the dealership changed ownership?
End of story: don't ever put money down on a car before you can actually buy it.
Tantalizer43 08-31-2008, 12:05 PM I have been in contact with my out of state dealer, and he offered to place an order like the one in this thread.
I told my dealer, I WILL be ordering a 2010 SS. However, I will not be "putting my money where my mouth is" until GM puts thier money where thier mouth is, and releases pricing!!!
Non refundable deposit on a car we don't know how much will cost? No thank you. I've waited 6 years so far, I can wait another couple months...
trm0002 08-31-2008, 02:44 PM What if you lose your job or something and can no longer afford to buy it?
Also, I don't see any signatures on that sheet. :no:
Even if there were signatures, what if the guy that signed didn't work for that dealership anymore when the time came to buy? What if the dealership changed ownership?
End of story: don't ever put money down on a car before you can actually buy it.
1) Your first question is, in my case, a little irrelevant as we have a family business that I have worked at for 20 years that I know the financial strength of; however, in most cases, absolutely valid point.
2) That is kind of weird because I did sign it; but that was after he brought it back and asked me to; copy I have must have been made prior to.
3) Very valid point regarding what if the salesman isn't there anymore; never considered that. I have no concerns whatsoever with Paddock not being there in 6 months or changing hands in that time.
4)FWIW, while not my experiences, my uncle has put deposits down twice on vehicles that were in "pre-production" stages; once when the Miata first came out (ya I know, Ya-friggin-hoo) and second when the Mitsubishi 3000GT VR4 was scheduled to be released. In both cases, there were no issues what-so-ever. I do fully understand the concern however.
All that being said, there are a few things I am going to do on Tuesday after reviewing everyone's input (thank you).
1) Have them redo both the sales order and deposit receipt. No one here would have picked up on this, but I need to get them to spell my last name right- on both the sales order and the deposit receipt. Totally missed that they left a character out of my last name. In addition, obviously I need a copy of the same thing they have, not one without my signature.
2) On the sales order, I will have them put "spot #7" or something to that effect; a verbal agreement is only as good as the paper it's written on.
3) For the person asking about, do I just get the first red V8, the sales order does say Red Jewel (which will be a "cost-increase" color) and does state V8 6 spd transmission. I am pretty confident that combination won't be the first through the door on any standard allotment, that couldn't be factory ordered, if that ends up being the case. The sales sheet does state F/O because we all assumed that will be the case; as we are assuming that Chevy actually allows Paddock to specifically order the cars for their first allocation. However, I did state that I wanted an RS/SS, or is it SS/RS, and that is not on the sheet. It too will be.
*edit- Never dawned on me that BOTH the manual and automatic are 6 speeds- need to rectify that also to say manual.
For those initially thinking I'm going to get somehow screwed going back, there is, I believe, a 3 business day transaction cancellation in NY ( I know for sure there is one, but I'm not positive it's 3 day, might be 2), so there is no possibility of that.
Thank you all for your input. I think we've all learned a little from this experience.
5thgen69camaro 08-31-2008, 06:51 PM 1) Your first question is, in my case, a little irrelevant as we have a family business that I have worked at for 20 years that I know the financial strength of; however, in most cases, absolutely valid point.
2) That is kind of weird because I did sign it; but that was after he brought it back and asked me to; copy I have must have been made prior to.
3) Very valid point regarding what if the salesman isn't there anymore; never considered that. I have no concerns whatsoever with Paddock not being there in 6 months or changing hands in that time.
4)FWIW, while not my experiences, my uncle has put deposits down twice on vehicles that were in "pre-production" stages; once when the Miata first came out (ya I know, Ya-friggin-hoo) and second when the Mitsubishi 3000GT VR4 was scheduled to be released. In both cases, there were no issues what-so-ever. I do fully understand the concern however.
All that being said, there are a few things I am going to do on Tuesday after reviewing everyone's input (thank you).
1) Have them redo both the sales order and deposit receipt. No one here would have picked up on this, but I need to get them to spell my last name right- on both the sales order and the deposit receipt. Totally missed that they left a character out of my last name. In addition, obviously I need a copy of the same thing they have, not one without my signature.
2) On the sales order, I will have them put "spot #7" or something to that effect; a verbal agreement is only as good as the paper it's written on.
3) For the person asking about, do I just get the first red V8, the sales order does say Red Jewel (which will be a "cost-increase" color) and does state V8 6 spd transmission. I am pretty confident that combination won't be the first through the door on any standard allotment, that couldn't be factory ordered, if that ends up being the case. The sales sheet does state F/O because we all assumed that will be the case; as we are assuming that Chevy actually allows Paddock to specifically order the cars for their first allocation. However, I did state that I wanted an RS/SS, or is it SS/RS, and that is not on the sheet. It too will be.
*edit- Never dawned on me that BOTH the manual and automatic are 6 speeds- need to rectify that also to say manual.
For those initially thinking I'm going to get somehow screwed going back, there is, I believe, a 3 business day transaction cancellation in NY ( I know for sure there is one, but I'm not positive it's 3 day, might be 2), so there is no possibility of that.
Thank you all for your input. I think we've all learned a little from this experience.
What if their 7th car or whatever your place was isnt a Jewel red V8 Camaro 6 spd manual? Are you to take or leave a V6 if thats what it turns out to be in that place in line? If not do they refund your $500?
God bless you for putting your money where your mouth is, but Id have a hard time putting $500 on a spot in line. Looks like youre paying MSRP plus that $500? Good luck to you
CLEAN 08-31-2008, 09:20 PM And as of July they got reinstated, the dealership owners even hired on rick to repair their poor image and customer service. Since there have been several orders with a high degree of satisfaction. Here is a link to the post.... (http://forums.corvetteforum.com/showthread.php?t=2079020&highlight=)
Rick is indeed a gentleman, but Maxie Price is what it is. $695 doc fees?!?! They need to get serious about repairing their image, and charging 10x the standard doc fee isn't the way to get started. Try to nail them down on a price for a ZR1 and watch them squirm. There are too many other good dealers out there to waste time on dealerships like this. I tried to work w/ them in March for my vette, and they were the worst of all that I talked with. I also briefly worked w/ Rick prior to the ordering process when he was at his previous dealership. He couldn't match the best prices, but he seemed an honorable person. My hangup w/ Maxie is that they have demonstrated that they will undercut their customers and their own sales force, whoever that might be, when there is a buck to be made. I will be amazed if they end up on Jason's list.
trm0002 08-31-2008, 11:26 PM What if their 7th car or whatever your place was isnt a Jewel red V8 Camaro 6 spd manual? Are you to take or leave a V6 if thats what it turns out to be in that place in line? If not do they refund your $500?
God bless you for putting your money where your mouth is, but Id have a hard time putting $500 on a spot in line. Looks like youre paying MSRP plus that $500? Good luck to you
No, it's absolutely a $500 deposit towards purchase of the car. Deposit can not be misconstrued with fee.
As far as #7, as I tried to state, because the nature of what will happen with the initial allocation of the Camaro is still unknown, #7 is a bit ambiguous I'll admit. There are two possible scenarios:
1) Paddock is allowed to custom order beginning with their initial allocation.
In that case, the 9th car (because they are keeping the first 2) will be
ordered to my specifications.
2) Paddock is not allowed to custom order immediately.
In that case, again, after Paddock chooses (2), I will be the 7th person
to have the option of saying yes/no to the available vehicles. If (5) of
the 7 above me take an available model, I hold what is now the
#2 spot for right of refusal on incomming availability. I can continue to
pass and hold my spot until one that fits my profile comes in. I can also
simply decide to wait on a factory order; however in that case, I can
not back out on the order once placed, and decide instead that I want an
"available" model, unless one comes in, by accident, that exactly
matches my build.
Unfortunately, nothing is simple when little is definitely known. Again, for whatever reason, I have faith in Paddock. You can be sure though that I'll be spewing a whole bunch of hostile here if I find out otherwise. No one wants bad PR- especially someone who is constantly competing for the #1 volume Chevy passenger car dealership in the US.
SSPORT10 08-31-2008, 11:51 PM Caveat Emptor.
Search on the Corvette forum for "Z06", "Maxie Price". They even got kicked off as a supporting dealer of Corvette Forum because of their shady business dealings.
I know this all very well, as I am on that forum everyday, but you missed something that went with the name of the dealer, Rick Daniel. He was just hired there a few months ago to restore their good name. He is an excellent gentleman to do business with and will not do you wrong. He did great things for Les Stanford Chevrolet in Michigan.
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