What is the standard amount of deposit to put down when ordering a trailer?

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crazypony

Jan 11, 2011, 07:17 AM

I have custom ordered a $50000.00us living quarters horse trailer from the Hoosier manufacturer in Indiana. They want $20000.00 for a deposit. This seems ridiculous to me. What is the standard deposit to put down on a trailer?

ScottGem

Jan 11, 2011, 08:28 AM

There is no standard. If you are ordering something custom built they may have trouble finding a buyer if you renege. There also may be trouble with your credit rating that they may require a larger deposit. The thing is its up to the manufacturer. If they insist on $20K then you either pay it or take your business elsewhere.