Car reservation fee, not protected against price increase?

**falken** · August 24th, 2017 06:03 PM

Originally Posted by boybi

Kaya nga. Yan din naman ang general rule di ba. Ang sabi ng SA, yung reservation fee is para daw mai-priority lang ako. Labo.
Sabi ko nga sa SA, naging disadvantage pa sa akin ang pagbayad ng reservation fee since hindi na ako naghanap pa sa ibang dealer.

Pag nagpareserve ka, it means naka lock in na yung price. Yung ma priority ka is D.I. na isa ring kalokohan.

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**beebee** · August 24th, 2017 07:36 PM

yes same with mine. toyota din. ginagamit ng mga car dealers ang scare sa excise tax na parang you have to choose whether pumayag ka sa minimal price increase vs the expected excise tax increase

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**dr. d** · August 24th, 2017 11:15 PM

Originally Posted by boybi

I reserved for a car at a dealer last month. I would have already bought the car if it was already available at the dealer, but I was told the model and color that I wanted will be available by end of August. So I placed a reservation fee with that dealer.

Last week, I got a call from the SA that the unit that I reserved for is still not yet available. I just said that I can wait. There was no mention of a price increase from the SA.

Today, I called the SA to ask if the unit will be available before the month ends. The SA said it's still not sure when my unit will be available, and then mentioned that there will be a price increase next month, and that I am not protected against the price increase even if I have already paid a reservation fee.

What's the consensus on reservation fees? Shouldn't it be based on what was the agreed price upon payment of the reservation fee? I know we didn't discuss about this when I placed my reservation fee, nor was it mentioned in the acknowledgement receipt they issued. But in my experience in buying cars, by paying for a reservation fee, I am protected against any increase in price.

Do I have a case against the dealer?

ask for a refund, and "let's call it quits."

**EQAddict** · August 25th, 2017 09:20 AM

Im an outlier here. I placed a 200k reservation for a car, sight unseen. The dealer has no idea about the price, availability, color options, equipment level or specification. I did this to be "first in line". Its the 2018 facelifted Mustang GT.

Am okay with this arrangement as the demand for these cars is crazy. And the supply will be tight when it launches.

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**dr. d** · August 25th, 2017 09:33 AM

Originally Posted by EQAddict

Im an outlier here. I placed a 200k reservation for a car, sight unseen. The dealer has no idea about the price, availability, color options, equipment level or specification. I did this to be "first in line". Its the 2018 facelifted Mustang GT.

Am okay with this arrangement as the demand for these cars is crazy. And the supply will be tight when it launches.

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i wonder... can one sell that reservation slot to an interested party, "in case one changes mind"?
or does it necessarily go back to the pot, where it is parceled out, in whatever manner the decision-maker deems?

**EQAddict** · August 25th, 2017 09:52 AM

Yes, You can "sell" your slot. Lots of fools willing to be parted with their money. I.e. look at the crazy prices of LC200s in OLX. 1.5m more than dealer price. And those dubai versions just have extra trimming and reworked head units and headrests with screens.

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**beebee** · August 25th, 2017 10:24 AM

Originally Posted by EQAddict

Yes, You can "sell" your slot. Lots of fools willing to be parted with their money. I.e. look at the crazy prices of LC200s in OLX. 1.5m more than dealer price. And those dubai versions just have extra trimming and reworked head units and headrests with screens.

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yup. thats why the 2% price increase doesnt seem that bad.. i mean what's one supposed to do, go to court and ask for specific performance? by the time you get a resolution, the excise tax would have kicked in and you stand to spend more to get the unit.. dont know how it goes if you go to the dti though.

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**beebee** · August 25th, 2017 10:26 AM

and so far, ive heard this is not limited to toyota, lahat ng high demand models ganun din, but i hope im mistaken

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**dr. d** · August 25th, 2017 10:28 AM

Originally Posted by EQAddict

Yes, You can "sell" your slot. Lots of fools willing to be parted with their money. I.e. look at the crazy prices of LC200s in OLX. 1.5m more than dealer price. And those dubai versions just have extra trimming and reworked head units and headrests with screens.

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so, even in the auto industry, there are scalpers!
heh heh.

**zoomzoom** · August 25th, 2017 10:56 AM

*boybi, kung talagang tuso yung kausap mong dealer, lulusot at lulusot yan, lalo na sa quotation pa lang nila eh usually merong clause yan na "STATED PRICE IS SUBJECT TO CHANGE WITHOUT PRIOR NOTICE".