Quote:
Originally Posted by techwhiz1
Quote:
Originally Posted by TurtleBoy
Unfortunately whether it is binding or not really won't come into play since you fail the transition rule test in that your order was prior to January 1, 2022.
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My $5000 deposit that made a binding contract was July 2022.
The pre-order $250 was an option for a place in line. My $5000 secured the order and allowed me to configure my Fisker Pcean One.
Binding contract was July 5.
For my I4, my term sheet with credit pull and finance options with down payment information is dated March 2. That's when we agreed on price, interest rate and down payment.. |
Rivian sent me an email saying that if i agreed to make $100 of my $1000 deposit on an R1S nonrefundable, they believe that made the reservation into a binding agreement. I esigned it and believe i'm covered there. Tomorrow i will head to my BMW dealer (Bill Jacobs) and see if I can do something similar. I placed my order and $3xxx deposit in February 2022 but it was all refundable, i think if we can agree to make a portion of it nonrefundable then that is "binding"