View Full Version : How Often Does a Deal Fall Through?
Between my conversation last night and today I decided to make an offer on a car ('08 S4 Avant) and someone slipped in and got a deposit down ahead of me. They made arrangements for financing today, according to the salesman. The paperwork hasn't gone through yet, so I'm hopeful that somehow they'll back out or the deal will fall through.
So that's my question. How often do car deals fall through once someone has put down a deposit? In this particular situation, it seems that the other buyers got their business in order so it's doubtful that I will end up with the car.
So anyway, based on this, what are my chances? :(
A6.S-line
02-27-2009, 08:14 PM
Impossible to say. Credit standards are being tightened across the board, but people are still getting approved for lease/finance. I would say leave the salesperson your # but start looking at the other 08s that are sitting out there
Reaxion
02-27-2009, 11:48 PM
From personal experience, 25%, for a wide range of reasons.
auggy
02-28-2009, 07:53 AM
I got my current car because a person who had a deposit on it couldn't get financing. It certainly happens.
Well, they got financing, it appears. The bank made contact on Friday. I guess it's over. :|
I'm gonna get stuck with Alcantara inserts. Ugly things, they are.
Brent27
02-28-2009, 09:09 AM
never settle for a car you don't want....you will end up bringing it back within a year or two...just wait...
Man, I wish I could follow that advice. I've been searching for the right car for over two years. Finally decided the S4 Avant is the right car for me. I can fit my music gear in the back, I got AWD, and it'll run like a scalded dog. Now they aren't bringing any more Avants to the US, so this is my last chance to get a new one. Don't want used. So, I'll have to compromise a bit on the options. The white one I was looking at is here (http://www.sunsetimports.com/cardetail.php?cid=4) and I just missed it. /smacks forehead
GUESS WHAT HAPPENED!!!! (http://www.audizine.com/forum/showthread.php?t=267440)
Someone couldn't come up with a down payment. [:D]
JetBlue
03-02-2009, 09:14 AM
Congrats. Pics?
The "guess what happened" is a link. Takes you to a link to the pics.
I don't have the car yet. Gotta get all the paperwork taken care of, fedex back and forth between CO and OR.
Here's a link to the ad for the car: http://www.sunsetimports.com/cardetail.php?cid=4
I don't know how long the link will be available, or if the pictures might get replaced for another car someday. It's supposed to be a white 2008 S4 Avant.
When I finally get the car here I'll post some pictures.
After reading the thread you linked to: congratulations on getting the car you want! Seems like you're a true enthusiast and deserve it, hope you enjoy it and drive safe. [race]
Btw, crazy how the deal did actually fall through and you end up with the car. Must be fate.
Thanks Sim4, I appreciate your kind comments.
Actually, I'm going to be in your neck of the woods picking the car up. If you get close enough to the border Friday morning, listen for the 'YEEEEEEEHAAAAAAA!!!' coming from I-84. [:D]