[giveitsomecharge]

Hey All,

Like everybody, really excited to get my reservation converted into an order (hopefully next week?). My reservation confirmation email shows a time of 10:02 pm (ET) on 5/19 so really hoping that I'll be at the top of the list.

Either way, I had a question - when is the overall payment due for the truck? I'm looking to get a loan, and I was wondering if I need to get a loan secured now v/s the time of delivery? Any insight will be helpful.

Thanks!

 

[Soup7687]

My dealer told me no more money would be due until the spring. Then it would possibly be a small deposit with the remaining balance due upon delivery. Every dealer might be different though.

 

[MacMerritt]

Hey All,

Like everybody, really excited to get my reservation converted into an order (hopefully next week?). My reservation confirmation email shows a time of 10:02 pm (ET) on 5/19 so really hoping that I'll be at the top of the list.

Either way, I had a question - when is the overall payment due for the truck? I'm looking to get a loan, and I was wondering if I need to get a loan secured now v/s the time of delivery? Any insight will be helpful.

Thanks!

From what the website says you do payment and/or financing at the time of delivery. So that gives you time to save more for a down payment. Additionally clearing up credit issues in the next 6 months would benefit you in lower payments or a higher loan if you are going for the higher trim levels.

 

[ChasingCoral]

Mustang Mach E purchases were
1. Reservation deposit (those were $500)
2. Order deposit (usually $500-1000)
3. Payment or loan document when you take delivery

 

[COLightning]

Welcome to the forum @giveitsomecharge.

Did anyone find out how much the order deposit will be with their dealer?
Just curious since it can vary.

 

[GeorgyB]

Dealers got a huge warning for collecting large deposits/up charging/ raising the price etc. So most of them will not exceed $1000

 

[ChasingCoral]

Dealers got a huge warning for collecting large deposits/up charging/ raising the price etc. So most of them will not exceed $1000

I think you are confusing ADM (Additional Dealer Markup) with deposit. Most dealerships seem to be charging a $500-$1000 deposit but some are charging more.
See Order Deposits: How much was yours?

 

[GeorgyB]

I think you are confusing ADM (Additional Dealer Markup) with deposit. Most dealerships seem to be charging a $500-$1000 deposit but some are charging more.
See Order Deposits: How much was yours?

I don't think I am. Some dealers were asking for 5k deposit upfront and some warned that the price will be higher when vehicle lands