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Decided upon a car and paid my deposit. What happens - another dealership (who I rang up at the weekend and they couldn't match the price) rings me up, queries me about the deal (I vary figures in my favour slightly) and what do they do but offer me a brand new (will be 56 plate) same spec model for £350 less! I'm buying a 4 month old, few miles on the clock one. Course now I'm a little disappointed signed the paperwork and paid £200 deposit. This sounds too good to be true! Of course being the honest sort of girl that I am rang my dealer and told him and he said too late the car is on its way. Fair enough and I'll get over it. Just shows - patience is a money saving virtue!
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Excuse my naievety (in fact so much so that I'm not even sure that's spelt right)...
Isn't that the point of a deposit - that you can still cancel and walk away, only losing your £200?
Even if you did that, if the other car is £350 less and newer, isn't that the better option, still leaving you no worse off?
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I don't know. Do car buyers have a cooling off period? No idea of the technicalities to be honest - never had this happen. I thought I'd researched the prices really well! Also the car is having to be brought in for me from a holding depot so they said that now its on its way etc etc.
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Tell you what, Give me your number and I can phone you up and offer you a slightly better deal than your best deal now.
I have no intention of selling you the car either.
Telephone sales talk is cheap, go see the dealer and see if it actually stacks up on paper. They didnt want to sell it to you at that price earlier, so whats changed now?
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TourVanMan TM < Ex RF >
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>>Isn't that the point of a deposit - that you can still cancel and walk away, only losing your £200? <<
I thought that was the case se well.
If you were contractually unable to cancel, then a deposit would not be necessary.
The deposit is to compensate the dealer for the risk he is taking in ordering the car knowing the sale can be cancelled.
Don't let him bully you if you think the other deal is a good and a serious one (as TVM says).
I think the sales executive (as they are called) is just trying to force you to take the deal - he's probably already spent his bonus from it.
I know some backroomers have dealer experience so can they advise ??
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don't know. .... ... so they said that now its on its way etc
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your contract will state the penalties for cancellation. in theory, in normal circumstances, they are entitled to keep your deposit and also bill you for any losses (including costs incurred in the meantime, such as storage, etc. if any) they suffer from having to sell that car to someone else. of course if they sell it for more, they won't give you the profit.
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Don't think it would be worth the stress. And I thought house moving was bad!!!!
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Good idea I think.
Just enjoy your new car and forget about it.
A couple of hundred quid will pale into insignificance afte depreciation, fuel etc.
It's not worth bothering with.
Congratulations on your new purchase.
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Thanks, I'm looking forward to it
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Reckon "55" in your number plate will look neater than "56" anyway, only prob is that I guess you will be the 2nd owner of the 55 reg car.
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Reckon "55" in your number plate will look neater than "56" anyway, only prob is that I guess you will be the 2nd owner of the 55 reg car.
Though could be an 06 if only 4 months old, still neater than 56.
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out of sheer nosiness, what have you just bought?
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Reckon "55" in your number plate will look neater than "56" anyway, only prob is that I guess you will be the 2nd owner of the 55 reg car.
Totally agree "55" looks great on mine.
BTW why didn't new style registrations begin on "01" in 2001, I had a "Y" reg early 2001 and my neighbour bought his "51" reg late 2001.
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