Quote:
Originally Posted by Leondros
Then what's the point of a deposit?
|
A deposit secures your position in the manufacturing queue, the contract secures your price. It all depends on the contract. Is there an allowance for inflated costs to be passed on over a certain %? Maybe or maybe not, have to read it. I know these days all the contracts I get are "fixed price", but a clause to allow for shipping to be charged at actual cost at time of shipping. I'm betting 18 months ago that kind of thing wasn't included.
In this case, you may have no other option but to accept a price increase, given the vendor can likely just give back the deposit back to walk away from the sale and sell it to someone else at the higher price.