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deposit return

Discussion in 'Ferrari Discussion (not model specific)' started by rbf41000, Mar 31, 2025.

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  1. rbf41000

    rbf41000 Formula Junior

    Nov 21, 2005
    686
    Delray Beach FL
    Full Name:
    Russell
    #1 rbf41000, Mar 31, 2025
    Anyone having problems getting a return of a deposit placed on a new Ferrari?
    I placed an order in October 2024 and canceled via phone and email in October 2024, I have been told many times my deposit return is coming but it needs to come from Ferrari Italy as that is who holds it.
    I understand a bit of a wait but this is now getting drawn out.
     
    Texas Forever likes this.
  2. mcw

    mcw Formula Junior
    Owner Rossa Subscribed

    Aug 10, 2008
    412
    #2 mcw, Mar 31, 2025
    I made a deposit and never got around to placing an order. Several months later dealer refunded by check from dealer within days of my request for deposit return. No problems or delays and dealer has remained happy to continue my service needs.

    Perhaps process is different after an order is placed.
     
  3. mkraft3003

    mkraft3003 Formula 3
    Silver Subscribed

    Aug 20, 2016
    2,363
    Tampa, Fl
    #3 mkraft3003, Mar 31, 2025
    The dealership holds the deposit and it can sometimes take months and lots of phone calls/emails to get them to refund it.
     
    technom3 and BuyHighSellLow like this.
  4. BuyHighSellLow

    BuyHighSellLow Rookie

    Mar 18, 2025
    15
    Alberta Canada
    #4 BuyHighSellLow, Mar 31, 2025
    mkraft is correct. Whoever told you that Ferrari manufacturer in Italy holds your deposit money is a heck of a storyteller.
     
    Lusso123, technom3 and anunakki like this.
  5. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,627
    South East
    Full Name:
    Jimmie
    #5 greyboxer, Mar 31, 2025
    Is my recollection correct that the deposits on limited edition cars goes to Italy but for the others it stays with dealers
     
    technom3 likes this.
  6. hertj94

    hertj94 Formula Junior

    Feb 14, 2010
    385
    Northwest Suburbs IL
    Full Name:
    Jon
    #6 hertj94, Apr 2, 2025
    It depends on the model, for Purosangue and newer models Ferrari changed the order process. After you leave the deposit with the dealer, they're sent to the factory.
     
    eggwhitecocktails, rmmcdaniel and anunakki like this.
  7. dustman

    dustman F1 World Champ
    Rossa Subscribed

    Jun 12, 2007
    11,076
    #7 dustman, Apr 3, 2025
    I heard both stories. Also, dealer refunding meant some sort of “penalty” from Italy. Could have also been bonus related. Took a long time.
     
  8. WashingtonFerrari61

    WashingtonFerrari61 Formula Junior

    Jun 26, 2022
    460
    Northern, VA
    #8 WashingtonFerrari61, Apr 3, 2025
    Not one single penny of your deposit is sent to Italy, not even on special models. If a dealer has an allocation, they pay invoice to Ferrari and in turn sell it to you. The deposit is with that specific dealership one thousand percent.
     
    rjn21, Lusso123, BuyHighSellLow and 2 others like this.

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