When do dealerships sell a car with a deposit on it?

[u/Time_Physics_6557]

I keep reading stories about this and it gave me a nightmare last night. I was super interested in a CX-30 at a local dealership, and I was told that it would be available to test drive on Saturday. I went with my dad on Saturday and was told that it wouldn't be at the dealership until Monday, so I waited.

On Monday, I test drove the car, we agreed upon the price. We paid a $2000 deposit and were told that the car won't be ready until the end of the week because it just came in. My dad will have to pick it up on Monday because he has to help me out with a move the rest of the week, and we told them we're still waiting for the total loss settlement from the insurance company which should come this week or early next week. They said it's no problem to pick it up on Monday but I'm worried that they'll still sell it to someone since they didn't ask me to do any other paperwork. How founded are these fears?

[u/gganew]

It depends on the dealership, but 99.9% of the time the dealer isn't going to sell a car with a deposit on it.

The other .1% will write about it on social media, reddit, google reviews, ect...

[u/New_Inflation_8419]

Happy customers never run to Reddit to complain. And there are millions of vehicles sold every year. Millions.

[u/DavefromCA]

Calm down bruh, they are not going to sell it

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Thanks for posting, /u/Time_Physics_6557! This comment is a copy of your post so readers can see the original text if your post is edited or removed. This comment is NOT accusing you of anything.

I keep reading stories about this and it gave me a nightmare last night. I was super interested in a CX-30 at a local dealership, and I was told that it would be available to test drive on Saturday. I went on Saturday and was told that it wouldn't at the dealership until Monday, so I waited.

On Monday, I test drove the car, we agreed upon the price. I paid a $2000 deposit. My dad will have to pick it up on Monday because he has to help me out with a move the rest of the week, and I told them I'm still waiting for the total loss settlement from my insurance company which should come this week or early next week. They said it's no problem to pick it up on Monday but I'm worried that they'll still sell it to someone since they didn't ask me to do any other paperwork. How founded are these fears?

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/Benzhead]

The only time we’ve ever done it is when there is an issue like credit or title to trade. We don’t take deposits on used cars unless the customer really wants it. Plus $2000 is a good deposit. I wouldn’t worry.