ElectricMotorcycleForum.com
General Category => General Discussion => Topic started by: Snafuperman on February 11, 2021, 07:25:04 PM
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In particular I'm thinking about ordering a new Zero SR/S from the local dealer. Is it customary to pay the entire amount ($20K+) up front before the bike is ordered? I've never ordered a new vehicle -- either bought what was on the showroom floor or mostly bought used. I'd be worried that the manufacturer (Zero) or the local dealer would go under before I got my bike and then I'm sure I would never get my payment back. Am I worried about nothing?
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You are right to be worried. This is what deposits are for.
Also, ensure you pay for anything at all using a credit card, which will give you full protection in the event of scandal.
Cas :)
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I have bought three Zeros from two different dealers over the past 9 years. Each one was special ordered from the factory by paying a $500 deposit using a credit card. I paid the remaining balance in cash after the bike was delivered to my dealer and at the time that I completed the purchase paperwork and vehicle registration forms and then took ownership of the bike.
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Thank you both. $500 deposit by credit card sounds like the smartest way to go.
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If they give you the VIN and paperwork, as in, only delivery remains to happen, I can see that, but even then there's usually some delay.
-Crissa
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In particular I'm thinking about ordering a new Zero SR/S from the local dealer. Is it customary to pay the entire amount ($20K+) up front before the bike is ordered? I've never ordered a new vehicle -- either bought what was on the showroom floor or mostly bought used. I'd be worried that the manufacturer (Zero) or the local dealer would go under before I got my bike and then I'm sure I would never get my payment back. Am I worried about nothing?
No, dealers prefer you NOT to pay cash. They make money on the financing as well as the bike. They will only want a deposit, which shows you're serious. It should be the same otherwise as buying the bike in the shop.
-Don- Auburn, CA
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In particular I'm thinking about ordering a new Zero SR/S from the local dealer. Is it customary to pay the entire amount ($20K+) up front before the bike is ordered?
Are they ASKING you to do that? That would give me pause.
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Are they ASKING you to do that? That would give me pause.
No, they aren't. Not yet. I just wanted to be prepared when I go in there.
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Is it customary to pay the entire amount ($20K+) up front before the bike is ordered?
My dealer asked me for 30% upfront after placing the order. I was ok with that, given that the bike was BTO and a small dealer with good reputation.
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My dealer requires $500 down to place the order.
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I just ordered a Zero SR with a $2k deposit on a credit card. Not sure how they settled in $2k. Probably dealer preference??
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Just put 3K down on an Energica. $500 would have been nice instead. hah
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Just put 3K down on an Energica. $500 would have been nice instead. hah
Which model are you getting?
-Don- Auburn, CA
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Ribelle of course. Picking up mid next month.
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Ribelle of course. Picking up mid next month.
I am sure you will love it!
Have you ever ridden one as a test ride or anything?
I bet that wait is frustrating!
-Don- Auburn, CA