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· Registered User
ID.4 Pro S AWD
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547 Posts
Discussion Starter · #1 ·
For those of you who purchased an ID.4 already. Did the reservation and deposit get applied towards the purchase of your ID.4 or do VW simply send that back after you complete the purchase?
 

· Registered User
ID.4 Pro S AWD
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547 Posts
Discussion Starter · #4 ·
VW does not have your money. Your dealer does. They may accidentally expect you to forget it. Don't.
Thx. I won't forget it. Just want to be sure of my facts before we head down there. ty.
 
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· Premium Member
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103 Posts
When I was going over the final lease contract, I noticed that the $500 hadn't been applied. Instead of redoing all the paperwork, my local dealer just cut me a check for the $500. Always good to read through the numbers before you sign. It was a simple oversight.
 
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First, It was the finance guy at the Mazda dealership owned by the same group. So he wasn’t as aware of the situation.

It was legit and frankly the dealership honored all my requests.
 

· Registered User
2021 ID.4 1st Edition Blue
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79 Posts
I'd entered "dialing for dollars mode" calling every dealer in an expanding radius for the disappearing 1st Edition Blue; when I found one, I texted or emailed each to let them know I'd found it. The dealer I started with on the VW site sent a congrats response, same as the rest. A couple weeks later I remembered to go looking for my deposit: they'd refunded my card in full the day I'd notified them I was no longer looking.
 

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130 Posts
Did the $500 deposit reduce your retail selling price (prior to taxation) or was it loaded onto the bottom line after TTL/Fees were assessed?

(My car is on the carrier to the dealership and I am starting the fun back and forth with the Sales Manager as to what this thing will ultimately cost :) )
 

· Registered User
ID.4 Pro S AWD
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547 Posts
Discussion Starter · #14 ·
Did the $500 deposit reduce your retail selling price (prior to taxation) or was it loaded onto the bottom line after TTL/Fees were assessed?

(My car is on the carrier to the dealership and I am starting the fun back and forth with the Sales Manager as to what this thing will ultimately cost :) )
The $500 is simply the same as you putting down earnest money down. In fact that's what it is. It comes off the bottom line after all other calculations. Its a form of payment that's all.
 

· Registered User
2021 VW ID.4 AWD Pro S w/Gradient
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31 Posts
My initial price from the dealer didn't include this (conveniently for them)... I had to remind them to subtract the $500 (from the bottom line) as money already down.
 

· Super Moderator
2021 FE Mythos Black
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4,715 Posts
My initial price from the dealer didn't include this (conveniently for them)... I had to remind them to subtract the $500 (from the bottom line) as money already down.
Some dealers are unscrupulous. Buyer beware when purchasing a vehicle. My cousin was buying an Escalade a few years ago for the dealers "Smart price" which included all taxes and fees. When it was time to sign the financing paperwork, he noticed sales tax was added. When he inquired about this they told him the secretary made a mistake, and they redid the paperwork. How many people fall for this?
 

· Registered User
ID.4 Pro S AWD
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547 Posts
Discussion Starter · #18 ·
My initial price from the dealer didn't include this (conveniently for them)... I had to remind them to subtract the $500 (from the bottom line) as money already down.
Funny how that happens. If you don't notice it's a quick $500.
When signing documents they presented the sales contract as the last document, maybe hoping we had got into a routine of signing and initialing that we might just automatically sign. They soon reprinted the final contract showing the prepayment at the end.
 
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