1/2 year after receiving deposit, Peterbilt raised 15K on price

Discussion in 'Experienced Truckers' Advice' started by c.w, Jan 23, 2022.

  1. c.w

    c.w Light Load Member

    65
    32
    Jun 26, 2021
    0
    We put 1500 dollars deposit in Aug 2021 for our new 579 . The dealer sent us a vehicle summary with Quotation.But They sent me a email last week below:

    Hello xxxx I have some really bad news about your new truck coming in. My manager just received the invoice from Peterbilt Canada and your new unit was hit with the new pricing and all of the surcharges because it was built so late in the year. I understand this is very frustrating but the new price is $xxxxxxx my boss will not do the deal for less than that. I can send your deposit back to you if you do not want to make this deal after this increase in price.

    They want to increase15K on the price!That’s Acceptable?I know they didn’t sign any sales contract when they received my deposit.But After quotation and charge deposit,The dealership supposed to be responsible for this deal,What can I do?Because I had to waiting for this truck for more than half year!If they told me the new price earlier,I would able to find something else. Is it a legal process?
    I‘m confused with the laws,For my opinion,Quotation plus deposit is equal to contract.
     
    Last edited: Jan 23, 2022
    KB3MMX and Oxbow Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Siinman

    Siinman Road Train Member

    2,793
    6,156
    Mar 5, 2017
    Kansas City, MO.
    0
    I think a lot of people got hit with this from Peterbuilt and Kenworth. Volvo and I think International did not do that to the customers.
     
    mjd4277, KB3MMX, rabbiporkchop and 3 others Thank this.
  4. wichris

    wichris Road Train Member

    3,409
    5,714
    Jan 17, 2011
    0
    Volvo didn't.
    Freightliner didn't.
     
    mjd4277, KB3MMX, larry2903 and 3 others Thank this.
  5. wichris

    wichris Road Train Member

    3,409
    5,714
    Jan 17, 2011
    0
    You can either pay the price or they will sell to someone else. You may even have a hard time to get your deposit back, depending on the dealer.
     
    mjd4277, KB3MMX, rabbiporkchop and 5 others Thank this.
  6. goga

    goga Heavy Load Member

    777
    1,401
    Nov 11, 2021
    Earth..
    0
    15k is not a big hike for a new rig.
     
    KB3MMX, Bean Jr. and c.w Thank this.
  7. JonJon78

    JonJon78 Road Train Member

    6,083
    31,257
    Jul 1, 2018
    0
    Yes it is.
     
  8. Dale thompson

    Dale thompson Road Train Member

    3,764
    25,510
    Nov 20, 2013
    commerce twp,mi
    0
    I’m guessing there’s a price subject to change somewhere in the fine print. Welcome to hyperinflation your deposit is just a place in line
     
  9. goga

    goga Heavy Load Member

    777
    1,401
    Nov 11, 2021
    Earth..
    0
    No, it is not!
     
    Don379 and c.w Thank this.
  10. AModelCat

    AModelCat Road Train Member

    25,700
    132,009
    Jul 7, 2015
    Canuckistan
    0
    Dealer probably has to buy its inventory from Peterbilt. If Peterbilt raised its prices, that cost gets passed down to the dealer. If the dealer were to now sell it at the original price the dealer will probably take the loss on it.
     
    Bean Jr. and Sirscrapntruckalot Thank this.
  11. Dwragon

    Dwragon Bobtail Member

    9
    3
    Jan 20, 2022
    0
    You have a contract, they have to honor the price as set that day, look up the laws in your state, an consider talking to a lawyer if you know one,a simple call may stop the dealer. Most likely they have someone who offered to pay a higher price to get the truck you ordered.And Peterbilt took the order at the price the day of the contract.
     
    pavrom and silverspur Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  • Draft saved Draft deleted