Beware of McDavid Ford in Fort Worth Texas

The paperwork wasn't done.

 

He's trying to pump the deal to your dad by creating urgency.

 

If you didn't put a deposit down, it's not yours. ADM is the right of the dealership. No one has a right to buy a car.

 

No! Read the chat. The salesman clearly states that the paperwork was done. But in the same breath he says, "first buyer wins". There might, though, be some missing info in the chat discussion as far as what the "paperwork" actually was. Was it binding or non-binding by both parties? Was there a deposit? I do find it hard to believe that there was an agreed upon commitment to buy from another customer (who was scheduled to pick it up in the next week), and then the dealer potentially sells it right from under him to somebody else who had money in hand. Something's missing here IMO. Or, that dealership is just plain shitty.

 

No signatures, he hadn't come to the dealership. End of year, all sorts of sales and managers trying to hit target numbers for bonuses. Money talks and bullshit walks.

 

Maybe, like you said, the KEY is whether or not there was a deposit. I'm more thinking, like you, that there was no deposit made. Therefore no commitment to the other potential buyer. I'm wondering what the "paperwork" reference is.

 

Yeah, so likely the paperwork was done to the extent that it was ready for a signature (and no deposit made). In that case, most definitely the walk-in buyer gets it if he wants it. The dealership really isn't then doing anything wrong. I had something similar happen to me when I was looking for my Genesis G70. A NJ dealership had the one I wanted, and stated that my local dealer could have it. A day later, I was told that the NJ dealer had sold it to another walk-in customer. Sorry! I wasn't happy, but it was legal. They hadn't received a deposit. My local dealer then found the exact same car (with the same options) and another NJ dealership and it was delivered to my local dealer the next morning. Things can happen real quick and it's easy for a customer to feel shafted when in fact it was normal business.

 

Depending on state, earnest money means nothing. In MN, the dealership must return earnest money, if requested.

 

Scummy sales tactic... lol

 

For anyone wondering what "earnest money" is. "An earnest payment is a specific form of security deposit made in some major transactions such as real estate dealings (or other major purchase such as a vehicle), or required by some official procurement processes, to demonstrate that the applicant is serious and willing to demonstrate an earnest of good faith about wanting to complete the transaction."

 

Typical of most dealers unfortunately.

 

The Vehicle legally never Sold, not sure what paper work hes talking about. But unless a legal contract has been signed, technically the vehicle can still be sold. Also for all we know the dealership is blowing smoke up your ass by telling you the paperwork is done for another person.

 

Yeh, more than a couple of unanswered questions on this one.

 

I personally couldn't pay 125k for a vehicle sight unseen. But it seems it's the norm for many 2020 GT500 buyers.