Quote:
Originally Posted by nhmtns
I'm guessing an unscrupulous dealership could take your down payment, make some interest off it for a few months while you're waiting for your supposed car to arrive, then either convince you to get a different car off the lot or refund you the payment while keeping the interest.
|
Interest of a $500 deposit?
I think the game (as describe to me) is about getting $500-$1500 dollars out of a sale, for the same options that WOULD HAVE be installed at the factory (at the time of order) vs. dealer install (in which labor has be to charged). I believe that is the purpose of it - not trying to make interest off a deposit. Which in this day an age, with the short-term rate at Zero, is really nothing, maybe $1 at best.