Dealership needs to pull my credit for placing order

Yeah thats a no from me dawg.

Nope I would never let them run my credit first. Just gave them a deposit.

the $1k deposit isn't too surprising, but the credit check isn't required and honestly won't be valid when the car arrives

dsb said:

Dealership requires a $1,000 deposit, and also wants to run my credit report for placing a hellcat order, is it normal?

I am not using their finance, not sure whether this is appropriate.

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You gonna pay cash? If not, they want to know you can get financing....

Blickie said:

You gonna pay cash? If not, they want to know you can get financing....

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they should only be pulling the credit report if they are financing the deal. If he goes to his credit union or whatever, then the dealer has no right to pull the report. What if he tells them he is paying cash? Not like he is walking in there with a suitcase of $100's at order time, right?

I will use my credit union as financing. I guess they are worrying someone places the order but turns out to be can’t afford it?

Current credit pull is irrelevant and useless. If the car takes six months to come in your credit could tank for all they know. And even if it didnt they will need to pull it again to check when the car comes in. Credit should only get pulled the day/week you sign. Two hard hits makes no sense.

Edit: just saw youre using a credit union. NO credit pull ever by the dealer then. Theyre trying to get you to finance with them to get more kick backs.

Not appropriate.....

Plus, if the dealer runs a hard credit check on you, that will affect your credit rating (lower it), which will affect the rate you can get later from you own lender.

Their doing that becuase they've probably had alot of ppl come and place orders but cant get
financed when it arrives. If that's a privately owned dealershp they can make thier own rules.

SRTKaye said:

Their doing that becuase they've probably had alot of ppl come and place orders but cant get
financed when it arrives. If that's a privately owned dealershp they can make thier own rules.

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They can but we can opt out of them.

I had a dealer once would only accept my personal check I wrote for a car if I put in a credit app. They wanted to ensure that if my check bounced they could just push financing through and still get paid for the car. I declined and left. Then came back with certified funds and did the deal as a “cash buyer”.

Lots of dealerships want a picture of $$$$ in a bank account or a picture of a credit score to order a vehicle (makes sense if you're ordering a $90K vehicle). I would pass on a dealership who wants to actually run a credit check at the time of ordering.

Bout it in a nutshell

They dont need to. Car takes 6 months to come in now, you could have good credit now then tank it in the meantime.

Give the deposit and place the order.

It isn't completely unheard, but it is something that I would never do. It is at the dealership's discretion whether they want to do a credit pull or not. It is a BS ding on your credit and is mostly irrelevant until the time the vehicle actually arrives IMO.

dsb said:

Dealership requires a $1,000 deposit, and also wants to run my credit report for placing a hellcat order, is it normal?

I am not using their finance, not sure whether this is appropriate.

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When I ordered my 22, they asked me to do the same. I'm assuming because of my age they were concerned, but I've never heard of anyone other than myself go through that at DC.

Nah

rigoc94 said:

When I ordered my 22, they asked me to do the same. I'm assuming because of my age they were concerned, but I've never heard of anyone other than myself go through that at DC.

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They ran my credit for my 2023 but I’m 24 but they didn’t believe i was serious until they pulled my credit and i put down 1k deposit