Last post on Apr 29, 2013 at 10:37 PM
You are in the Honda Fit
What is this discussion about?
Honda Fit, Hatchback, Wagon
#41 of 2634 Re: Article [hungarian83]
Jan 25, 2006 (12:53 pm)
Thanks Hungarian - this is my understanding about my agreement too, that the fully refundable deposit puts me in line for a price TBD later. It's all sort of weird territory... but I take people have wanted to be in line for other new vehicles as they've come out.
#42 of 2634 Re: Article [hungarian83]
Jan 25, 2006 (8:56 pm)
Betcha that's a typo - the Yaris was DESIGNED in France.
#43 of 2634 No deposit, No return?
Jan 25, 2006 (1:17 pm)
My dealer told me he was ordering his allotment last Monday. He said that I would be first on the list.I asked him if he needed a deposit or paperwork signed he said no, that wouldn’t be necessary. He also said that paying msrp wouldn’t be a problem. He went ahead and ordered 2 sport fits for me and my wife in the colors I requested. This all sounded a bit too easy. I wonder how secure I am in getting the cars I ordered at msrp come April?
#44 of 2634 Re: No deposit, No return? [mebman]
Jan 26, 2006 (12:57 am)
I have been reading this forum for a while now and came to know a lot about FIT. Based on what others have done, I too have put down a $500 deposit with a dealer for the Fit and I am the first in the list, with the agreement that price to be decided upon the car's arrival & test drive. This is the first time I am buying a new car and all this is new to me too. Like mebman, I too wouldn't mind paying MSRP, but anything more and I might take a pass.
#45 of 2634 Driver License and SS# with a deposit?
Feb 01, 2006 (3:39 am)
I am actually planning to buy an orange Fit Sport, and found a dealer who sounds nice to deal with.
He is asking for a $200 refundable deposit, but also for a faxed copy of my driver license and my Social Security number. Is this normal? I never put a deposit on a new car or, in fact, bought a new car before.
#46 of 2634 Re: Driver License and SS# with a deposit? [janoka]
Feb 01, 2006 (3:55 am)
The dealer probably wants to know if you are of legal age and if you are local.
For the most part, dealers don't really want to sell out of their local servicing area.
How close is the dealership to you?
The deposit is reflective of your commitment to the purchase. $200 is pretty low, we have in the past with pre-orders get $500.
#47 of 2634 Re: Driver License and SS# with a deposit? [jmurman42]
Feb 01, 2006 (4:23 am)
How are you handling pricing on the Fit with refundable deposit pre-orders? Will these cars be available at a "no-haggle" price or will you get the sticker? Does your dealership immediately add DAO's? ADMU?
I received a rather curt (rude) reply from the Internet Manager at the "President's Award" winning largest dealer in my area when I inquired about a refundable deposit!
Thanks for any thoughts on this. I appreciate your comments on this list.
#48 of 2634 Re: Driver License and SS# with a deposit? [janoka]
Feb 01, 2006 (8:00 am)
License and SS# is to run a credit check to see what financing terms (interest rate) they can charge you. If you are providing your own financing, tell them.
I hesitate to send a ss# via fax. Phone call to a person whos name you have is safer. Fax licence is OK. Most dealers want a copy if you test drive the car; again, they are running a credit check to see what they can get.
As for dealers 'not wanting to sell outside their area', you can usually get lower prices out of your area, since this is a "marginal profit" for that dealer. See internet sales manager, Cars.com, etc.
#49 of 2634 Re: Driver License and SS# with a deposit? [library1]
Feb 01, 2006 (8:16 am)
I have never been asked for an SSN when putting a deposit on a new car, and I do not give out my SSN unless there is a VERY good reason.
#50 of 2634 Re: Driver License and SS# with a deposit? [backy]
Feb 01, 2006 (12:01 pm)
you have never givin your ssn, funny casue here at my dealership you cant get a car unless we run a check on you and we need your ssn, then again we are a very well known dealership not some shady used car dealer in some shady place..