Quote:
Originally Posted by slazLA
It doesn't say anything about the deposit. The CC authorization is for the amount of the deposit, and the other doc is an agreement to pick up the car you ordered within 3 days of delivery to the dealership or they have the right to sell it to someone else. Basically if I don't perform the obligations of the agreement, they have a remedy.
(I'm not a lawyer so please don't interpret this as legal advice. This is simply my POV on the documents they require you to sign.)
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Okay, I took your original post to mean a deposit when you said deposit authorization. What you are saying is that a person would give them a credit card and if the vehicle is not picked up within three days then they could sell to someone else and the person's credit card would be charged x dollars. If that is the case then I would agree that would satisfy the requirements of the transition rule.