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The dealership may charge any price negotiated (at or above dealer cost) between the dealer and the customer for undercoating, dealer installed options, extended service contracts and other items or services that add value to the vehicle, provided such items are priced separately and listed individually on the retail buyer's order and the AXZD-Plan Pricing Agreement.ĭealerships will notify the customer as soon as the vehicle has been prepared for delivery. The deposit is usually equal to one month's payment, rounded to the next $25. The security deposit is held until the end of the lease and is refunded, provided that the lease terms have been satisfied. Lease transactions may require a refundable security deposit. An agreement in writing should be reached with the dealership concerning the amount of the deposit and the conditions under which it may be retained by the dealership if the transaction is not completed. Some or all of this deposit may be retained by the dealership if the customer declines to accept delivery of the product ordered. The dealership may require the New Vehicle Purchase Program customer to make a deposit when placing a vehicle order. I am more comfortable with $500 and i think i will press them for that amount.

Is this acceptable, and what conditions for refund are considered acceptable in the event we cannot take delivery? One dealer here in town wants $1000 deposit.