RE: Challenger markup
All,
From what I have heard here and on other forums, dealers who take deposits are simply exploiting potential buyers. However there are others that say they have done business this way before. I suppose it all depends on the relationship that exists between the two parties. I also imagine some dealers are pretty confident they will get one on their lot - so they can confidently take a deposit and hope that the person "presuming" to buy the car will want one fully loaded - so in the event they can charge top dollar (and most likely will) - there will be a bidding war - where either the original depositor (is that a word?) gets it, or some other cash laden buyer will.
Thoughts?
-Phil