Originally posted by wingnut:
The deposit is a contract between the bowyer and the customer. If stipulated not-refundable it's just that.
If you are going to change your mind don't enter into the contract in the first place.
Mike
I think Mike sums it up pretty good. His words reflect what makes the most logical sense.
Anyway, various bowyers have various policies.
I'm not gonna lie though, I love flexibility. I personally like the idea of a lower $100-200 deposit that covers most of the materials for the bow, a little order discussion, and a spot in line. Asking for a non-refundable deposit that is much more than that doesn't sit well with me if I'm not allowed to do things like sell my spot (something a bowyer like Jim Neaves allows) if extenuating circumstances occur.
I think my opinion is based on things like wait time, ability to deliver on time, ability to deliver a product with no workmanship issues, and a bow that is exactly what I ordered in the first place.
This is one reason I'm very picky with which bowyers I will do business with and I won't order a new bow without first trying one or several of that makers products used.
Some examples of policies I favor as a customer are those of Brandon Stahl at Rose Oak, Jim Neaves at Centaur, and Steve at Northern Mist to name a few. Brandon requires $0 deposit and there is a no-fault cancellation policy, his wait is around 6 months...the controls he has in place are that you cannot transfer your spot, and if you cancel you get bumped to the bottom of the list if you re-order, but to put that in perspective if you do get a bow it will be flawless, on-time and exactly how you ordered it. Jim requires $300 up front and his wait is around 1 year, but you can sell your spot if you make the proper arrangements, and again if you do get the bow built it is among the best quality available, as ordered and delivered on time. Steve's practice is similar to Brandon's and his wait time is also around 6 months. All good stuff. I think Big Jim does it right also, his deposit is more than reasonable, his wait has varied from 8 months to 1 year from my observations, and he has the benefit of having a huge stock of materials.
Knowing that the reality out there might full well be different, idealist that I often am, I don't really "like" the idea that a bowyer might be taking $200 or $300 up front and making a living off deposits, i.e. using it to fund their enterprise, or 'day job' life, and then asking the customer to wait in excess of 3-6 months to produce a product which takes a week or two at most to build. In my ideal world they would be using it to purchase the materials for the order (whether not on hand or 'purchased' from in-house stock) or to some degree setting the money aside in escrow, or hell they should at least be 100% positive they're good for it later if their business doesn't do well, we've all read stories of the occasional bowyer taking deposits, then their business goes under or they have to stop and suddenly "whoops sorry I can't refund all these deposits." This is why I have generally chosen to only get new bows from bowyers who have relatively short wait times unless the bows they make are absolutely top of heap quality and performance wise and they are well established in the community, in which case I can handle that their product is in demand and will wait patiently to have the best of the best.