[camarochevy1970]

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

 

[camarochevy1970]

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

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?

 

[camarochevy1970]

They want to be sure SOMEONE can finance him. No sense ordering the card then finding out no one will give him a loan.

I mean maybe but I would still walk. I've never had a dealer try that with me.

 

[camarochevy1970]

They want to be sure SOMEONE can finance him. No sense ordering the card then finding out no one will give him a loan.

And honestly dealers have spent the last 2 years boning buyers every way they can, including asking markup for the privilege of buying from them, so if that is turning to where buyers are bailing or now not getting financed, then hope the extra money they got the last 2 years helps them prepare

 

[camarochevy1970]

I mean you and I aren't going to agree on this. My advice to the OP is find a better dealer and don't let them run your credit. Mjs is of the opinion the dealer is fine to ask for a hard inquiry to order a car. Only you can determine what your comfortable with

 

[camarochevy1970]

N F W! If your giving them a $1K deposit that's all they need to know, other than your name and address. Otherwise find a new dealer because these guys can't be trusted!

Exactly right.

 

[camarochevy1970]

There are also compliance requirements the dealer must adhere to. Even if you aren't financing through them. They have to protect themselves against identity theft and money laundering. That's why they won't accept the credit score/report you provide them. Someone shows up to buy a car but has Radride's "awesome" credit report because they stole his identity is a nightmare they want to avoid. There is also OFAC compliance which requires them to have most of the same information needed to run a credit check.

So if it is a compliance requirement then why doesn't every dealership require a credit pull to order a car?

 

[camarochevy1970]

I still think TONS of people forget that laws/requirements vary from state to state and dealership to dealership.

possibly, but I have to see the compliance law that only applies to certain states/dealers that says you have to run a credit check. I know a copy of a drivers license is required for compliance/legal/insurance reasons, but having bought over 50 cars never once had a dealer try to sell me that line