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

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    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
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  3. Siinman

    Siinman Road Train Member

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    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.
     
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  4. wichris

    wichris Road Train Member

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    Volvo didn't.
    Freightliner didn't.
     
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  5. wichris

    wichris Road Train Member

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    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.
     
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  6. goga

    goga Medium Load Member

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    15k is not a big hike for a new rig.
     
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  7. JonJon78

    JonJon78 Road Train Member

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    Yes it is.
     
  8. Dale thompson

    Dale thompson Road Train Member

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    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 Medium Load Member

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    No, it is not!
     
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  10. AModelCat

    AModelCat Road Train Member

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    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.
     
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  11. Dwragon

    Dwragon Bobtail Member

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    Jan 20, 2022
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    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.
     
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