![]() ![]() There may be conditions or a processing fee involved if you change your mind, so you won’t get the full deposit back. If you are buying from a dealer, you should be guaranteed of security, but read the small print of the document you sign. “Dealers can retain deposits or part thereof if they can prove they specially ordered a unit in for the customer that they normally wouldn’t stock.” Dealer sale “Buyers should never leave deposits without a written guarantee from the dealer on delivery date which if not met, full deposit is returned,” he says. Retired and honoured motorcycle industry veteran Stuart Strickland says deposits can be a complex issue if the buyer has not negotiated a full refund around specified criteria. ![]() ![]() However, there are deposit pitfalls for the unwary customer. You may also want to put a deposit on limited-edition bikes to secure one or to get a special model made at the factory to your specifications.Īlso, with some new models released several long months before being available in Australia (such as the Suzuki Katana and Indian FTR 1200) distributors take deposits to secure customers while they are still enthusiastic. The most common reason is to secure it from being bought by someone else while you sort out your finances to make sure you have enough money in your savings account to accommodate a large purchase. There can be several reasons for leaving a deposit on a motorcycle. ![]()
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