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Old 12-04-2020, 04:15 PM   #1
Doubl3_H
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Join Date: Dec 2003
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New Car Retainer

Wife and I was negotiating on a new car and we came to a number that all parties were happy with. However, the salesman came back told us in order for them to do the discount they need to have a $20K retainer because of the new car export rule.

I have never ever heard of dealership needing a retainer for them to sell you a car. Needless to say, we noped and walked out.

I am aware of the export rule, but that could be just as simple as a $10 lien on the car or signing some documents stating you are not to export the vehicle.

Can any new car sales chime on this retainer fee?


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