Deposits
How can I secure a car from American Dream Machines?
There are two choices to put a hold on our cars, deposit or down payment? Either way it is 10% of the listed price.
A 10% deposit is refundable and puts a hold on a car for up to two weeks while you make your buying decision regarding the car. The car stays on the market, but it gives you first right of refusal if another buyer expresses interest in purchasing the car. If you decide to buy the car, the deposit becomes the down payment toward the purchase but if you decide NOT to buy the car, we will refund the deposit amount.
A 10% down payment is different. It is a down payment toward the purchase of the vehicle and is non-refundable. We take the car off the market and no longer have the opportunity to sell the car to other interested buyers. We prefer to have the full payment of the car up front but will take a down payment if you need to secure financing or if you need to move money around. If the car is not paid in full after 2 weeks, the car will be put back on the market as available for sale. If you need more than 2 weeks to arrange for the final payment, let us know and we can discuss the timing.
To request a deposit form, send an email to contact@admcars.com or call 515-245-9100