Sorry if this has been asked but I couldn’t find it.
Going through this process with the Lightning will be the first time I’ve ever ordered a car versus picking off the lot or buying used. Those of you who’ve already ordered a lightning or mach-e, what are you actually agreeing to when you order? When does financing and final price get squared away? I’ve seen a lot about trying to get a signed agreement from dealer that there won’t be ADM later in the process.
I assume deposit would be lost if you walk away after ordering but nothing else. I’m also assuming I don’t need my down payment/financing squared away until a purchase agreement is signed which would happen closer to delivery than order.
Am I way off here?
Going through this process with the Lightning will be the first time I’ve ever ordered a car versus picking off the lot or buying used. Those of you who’ve already ordered a lightning or mach-e, what are you actually agreeing to when you order? When does financing and final price get squared away? I’ve seen a lot about trying to get a signed agreement from dealer that there won’t be ADM later in the process.
I assume deposit would be lost if you walk away after ordering but nothing else. I’m also assuming I don’t need my down payment/financing squared away until a purchase agreement is signed which would happen closer to delivery than order.
Am I way off here?
