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Prices going down after deposit, still no truck, any options?

[Deleted User][Deleted User] Posts: 0
edited June 2023 in Toyota
I put down a deposit on a 4x4 SR tacoma i am going to buy outright with "cash" with no dealer add ons at all almost two months ago, since then their prices have gone down and people in the midwest state I live in are getting invoice or closer, the deposit is non refundable. The purchase agreement is for MSRP+ doc fee. My truck was supposed to get delivered 1 1/2 weeks after I put the deposit down, I am trying to see if I have any leverage since the truck is 4x late what I was told and still sitting in mexico at the shipping yard as we speak and hasnt moved in a month and half, I want this specific truck but prices have came down considerably locally. Do I have any options? i am thinking about eating the deposit and just going with a different truck but that would be my last choice. thanks.
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  • MichaellMichaell Moderator Posts: 249,781

    I put down a deposit on a 4x4 SR tacoma i am going to buy outright with "cash" with no dealer add ons at all almost two months ago, since then their prices have gone down and people in the midwest state I live in are getting invoice or closer, the deposit is non refundable. The purchase agreement is for MSRP+ doc fee. My truck was supposed to get delivered 1 1/2 weeks after I put the deposit down, I am trying to see if I have any leverage since the truck is 4x late what I was told and still sitting in mexico at the shipping yard as we speak and hasnt moved in a month and half, I want this specific truck but prices have came down considerably locally. Do I have any options? i am thinking about eating the deposit and just going with a different truck but that would be my last choice. thanks.

    I'd have a chat with the sales manager at your dealership - a friendly one - and ask if you can renegotiate your deal, now that transaction prices have changed.

    But, put the shoe on the other foot - how would you feel if the dealer came to you and said "Hey, Mr. PanzerDivisionMe, inventory is getting scarce and we want to charge you another $1500 for the privilege of selling you this exact truck you want"?

    Either do the original deal at MSRP, or eat the deposit and start over.

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  • Just looked, 90 days to deliver then i get my deposit back, non refundable $500. beyond that is says nothing else.
  • MichaellMichaell Moderator Posts: 249,781

    Just looked, 90 days to deliver then i get my deposit back, non refundable $500. beyond that is says nothing else.

    And it's been 6 weeks, so far?

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  • yessir.
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