Question on ordering new truck from dealer
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Registered User
Joined: Aug 2010
Posts: 4
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From: Billings, Mt
Question on ordering new truck from dealer
Hey all,
I want to purchase a 2011 Ram Outdoorsman. The three dealers near me seem to only sell trucks that are loaded to the gills - more profit I guess. The truck I want is basically stock with an engine heater, trailer brake, and tow mirrors being the only options I want.
A couple of questions on ordering one:
How long to take delivery once the order has been placed?
Can you hagle on the price if you order? When, on delivery or when the intital order is placed?
Do you have to secure financing at the time the order is placed or delivery? Do you need a deposit?
Thanks for your input!
I want to purchase a 2011 Ram Outdoorsman. The three dealers near me seem to only sell trucks that are loaded to the gills - more profit I guess. The truck I want is basically stock with an engine heater, trailer brake, and tow mirrors being the only options I want.
A couple of questions on ordering one:
How long to take delivery once the order has been placed?
Can you hagle on the price if you order? When, on delivery or when the intital order is placed?
Do you have to secure financing at the time the order is placed or delivery? Do you need a deposit?
Thanks for your input!
Captain
Joined: Mar 2005
Posts: 639
Likes: 0
From: Dyess, TX
1) Depends when you order... longer right after the order process opens for the year, shorter as the year winds down... expect 6-10 weeks
2)Yes. At time of order... you get the (MSRP-amount you talk them down)-(any rebates available at time of delivery)... you cannot control rebates so there is a little gamble there... as a rule rebates go up throughout the year.
3)Yes, you need financing in place. You can discuss deposit with your dealer. I have found that if you are ordering something that they might have ordered anyway they will ask for 250-1000, for weird combos the deposit required may be higher. Basically it is so that if you do not buy the truck when it is delivered they have your money as an additional "rebate" to convince the guy who dos buy it to accept your weird preference in options, or worst case scenario to cover the additional inventory taxes/interest payments the have to make. Note: some states have different laws as to whether your dealership can keep your deposit if you do not buy the truck.
2)Yes. At time of order... you get the (MSRP-amount you talk them down)-(any rebates available at time of delivery)... you cannot control rebates so there is a little gamble there... as a rule rebates go up throughout the year.
3)Yes, you need financing in place. You can discuss deposit with your dealer. I have found that if you are ordering something that they might have ordered anyway they will ask for 250-1000, for weird combos the deposit required may be higher. Basically it is so that if you do not buy the truck when it is delivered they have your money as an additional "rebate" to convince the guy who dos buy it to accept your weird preference in options, or worst case scenario to cover the additional inventory taxes/interest payments the have to make. Note: some states have different laws as to whether your dealership can keep your deposit if you do not buy the truck.
Record Breaker
Joined: Apr 2010
Posts: 1,387
Likes: 1
From: MN
Well, my experience has been different...
1) Frog is right on. But I'd go into it expecting to wait 12 weeks. Then you likely won't be disappointed.
2) Typically you lock in the rebates and offers that are in place at the time you order. Then, when your vehicle arrives the dealer checks the then-current rebates. You get the best of either what you locked in or what is current. Make SURE your sales guy or the sales manager puts in the paperwork to lock in all available offers when you order. My dealer forgot one that they had promised me. They took care of things at time of delivery, but it made things difficult. Also, you definitely do haggle at the time of placing the order and that's likely the only opportunity you'll have. They might not give you as great of deal as they would for a truck in inventory.
3) You don't have to have financing in place at time of order. Sure, you need to be confident that you CAN get the money somehow (i.e. you need to know you have good credit), but most banks and credit unions can't really do anything other than quote you current rates if your purchase isn't for 6-10 weeks. You might be able to work with dealer financing at the time of order. Once the VIN is available (during the build process) and your truck is within a week or so of delivery you can start getting serious with financing at your credit union or wherever.
Those are my experiences, which obviously differ from other peoples' in some cases.
Rob
1) Frog is right on. But I'd go into it expecting to wait 12 weeks. Then you likely won't be disappointed.
2) Typically you lock in the rebates and offers that are in place at the time you order. Then, when your vehicle arrives the dealer checks the then-current rebates. You get the best of either what you locked in or what is current. Make SURE your sales guy or the sales manager puts in the paperwork to lock in all available offers when you order. My dealer forgot one that they had promised me. They took care of things at time of delivery, but it made things difficult. Also, you definitely do haggle at the time of placing the order and that's likely the only opportunity you'll have. They might not give you as great of deal as they would for a truck in inventory.
3) You don't have to have financing in place at time of order. Sure, you need to be confident that you CAN get the money somehow (i.e. you need to know you have good credit), but most banks and credit unions can't really do anything other than quote you current rates if your purchase isn't for 6-10 weeks. You might be able to work with dealer financing at the time of order. Once the VIN is available (during the build process) and your truck is within a week or so of delivery you can start getting serious with financing at your credit union or wherever.
Those are my experiences, which obviously differ from other peoples' in some cases.
Rob
Admin formally known as 94rt10ohio
Joined: Apr 2005
Posts: 9,025
Likes: 3
From: Curtice, OH
1. I would have had mind in 6-7 weeks, but the bankrupsy put a curveball into it. If the dealer has something on order close, and depending on where it is in the order process they can change it and you can save a week or two. Location has an impact as well, and Montana is not a good impact.
3. No, you do not need financing in place. Just a deposit. But... There is that possibilty that could be a dealer thing. Mind did not. Bottom line is if you do not take delivery you will loose your deposit and they will just sell the truck to someone else, so the dealer wins either way.
3. No, you do not need financing in place. Just a deposit. But... There is that possibilty that could be a dealer thing. Mind did not. Bottom line is if you do not take delivery you will loose your deposit and they will just sell the truck to someone else, so the dealer wins either way.
Last edited by CarGuyOhio; Oct 3, 2010 at 10:38 AM.
Veteran
Joined: Jan 2010
Posts: 285
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You can use an auto buying service like the one at overstock.com (http://cars.overstock.com/main.html?...id=ZOSC0000001) to use as a bargaining tool if you want to order through the dealer. Otherwise, they'll order it for you and you'll get all the rebates as well.
