The V8 is back: IS 500 F SPORT Performance
11-11-21 | 12:05 PM
#2626
10th Gear
Joined: Nov 2021
Posts: 14
Likes: 13
From: UT
I've been seriously looking at getting the IS 500 and finally contacted my local dealership. They said their LE allocation has been accounted for but I'd be the first on their list for a 2022 non-LE if I put a deposit down. Question for the more experienced, how much is generally a deposit like that and is it usually refundable? In addition, they've got a 5k "market adjustment" on the car. Is that normal?
11-11-21 | 12:55 PM
#2628
Rookie
Joined: Oct 2021
Posts: 43
Likes: 52
From: WA
I've been seriously looking at getting the IS 500 and finally contacted my local dealership. They said their LE allocation has been accounted for but I'd be the first on their list for a 2022 non-LE if I put a deposit down. Question for the more experienced, how much is generally a deposit like that and is it usually refundable? In addition, they've got a 5k "market adjustment" on the car. Is that normal?
look for a different dealership if you can. My dealer charged a $1k USD fully refundable deposit and said their policy is that they don’t mark up any vehicles.
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11-11-21 | 05:20 PM
#2629
Pole Position
Joined: Nov 2010
Posts: 3,000
Likes: 4,129
From: GA
I've been seriously looking at getting the IS 500 and finally contacted my local dealership. They said their LE allocation has been accounted for but I'd be the first on their list for a 2022 non-LE if I put a deposit down. Question for the more experienced, how much is generally a deposit like that and is it usually refundable? In addition, they've got a 5k "market adjustment" on the car. Is that normal?
11-12-21 | 04:02 AM
#2630
Racer
Joined: Jun 2021
Posts: 1,825
Likes: 2,281
From: Florida
https://global.toyota/en/newsroom/co.../36347205.html
Finally some good news. Production goes back to normal in December as well. Let’s crank out these cars.
Finally some good news. Production goes back to normal in December as well. Let’s crank out these cars.
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11-12-21 | 04:26 AM
#2631
Lead Lap
Joined: Oct 2014
Posts: 3,599
Likes: 3,703
From: ON
^^ Thanks for sharing some good news!!! I was out cruising around the various car dealerships in my town yesterday and I just can't get over how there is virtually zero inventory everywhere!! The Chev/GM dealer had 1 vehicle each, Toyota had 4, Subaru had 6 and Ford about 5 as well. Honda had about 20-25 Civics but no other models at all...No pilots, no HR-V, no CR-V, no Accord!! It is almost spooky!
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11-12-21 | 04:49 AM
#2632
Pole Position
Joined: Nov 2010
Posts: 3,000
Likes: 4,129
From: GA
https://global.toyota/en/newsroom/co.../36347205.html
Finally some good news. Production goes back to normal in December as well. Let’s crank out these cars.
Finally some good news. Production goes back to normal in December as well. Let’s crank out these cars.
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TipsyTonio (11-12-21)
11-12-21 | 05:38 AM
#2633
Intermediate
Joined: Sep 2021
Posts: 444
Likes: 615
From: North Carolina
https://global.toyota/en/newsroom/co.../36347205.html
Finally some good news. Production goes back to normal in December as well. Let’s crank out these cars.
Finally some good news. Production goes back to normal in December as well. Let’s crank out these cars.
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TipsyTonio (11-12-21)
2 Faces
11-13-21 | 04:45 AM
#2635
Lead Lap
Joined: Oct 2014
Posts: 3,599
Likes: 3,703
From: ON
Lmao!! Oh that Seinfeld analogy was well played!! I am still hopeful, given TipsyTonio assembly line inside scoop, that the tranny cooler will be painted, but as others have said, it can easily be solved on my own
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11-13-21 | 12:08 PM
#2637
Intermediate
Joined: Sep 2021
Posts: 444
Likes: 615
From: North Carolina
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11-13-21 | 02:55 PM
#2639
Driver
Joined: Mar 2021
Posts: 78
Likes: 54
From: Florida
This is probably why one of the dealers I had spoken to texted me yesterday to ask if I wanted to put a security deposit on incoming IS500's. I asked how much. He said- $5k. I asked him if they will sell without any mark-ups .... no reply 
.
There is another dealer who's list I am on. They do no mark-ups and no dealer fees. But they are not yet taking deposits. I am #33 on their list though. I think their list is so crazy because it's non-comital.
.There is another dealer who's list I am on. They do no mark-ups and no dealer fees. But they are not yet taking deposits. I am #33 on their list though. I think their list is so crazy because it's non-comital.
11-13-21 | 03:02 PM
#2640
Instructor
Joined: Oct 2021
Posts: 1,001
Likes: 930
From: Alberta
Money definitely talks, as does actually placing an order. As I understand it, if the customer places an order, the car as ordered is marked for that customer, meaning if the customer cancels the order, the car doesn't go to the dealership for sale to someone else. When I placed a deposit and an order, my dealership made it clear that if I didn't want the car, they would really appreciate it if I didn't cancel the order so they can still get the LE and sell it to someone else.