VW T4 Forum - VW T5 Forum banner

1 - 7 of 7 Posts

·
Registered
Joined
·
1,011 Posts
Discussion Starter #1
HI all,

as above really,

put a 100 quid deposit on a 7 month old car on saturday morning from a vauxhall dealer,

got a message sat afternoon saying the finance company want more address history from me before they accept my app

However, i've now changed my mind and dont want the car,

can i just cancel the order ? (car needs some paintwork anyway so not ready yet)

will i lose my hundred quid deposit ?

many thanks guys

carl
 

·
Registered
Joined
·
2,715 Posts
Anything with a finance agreement has a cooling off period that should have been explained to you when you handed over the deposit. If the garage don't agree to repay the deposit, ask for what reason and explain to them that you are taking all paper work straight to trading standards.
 

·
Registered
Joined
·
465 Posts
As above - BUT - it WILL affect your credit rating as it is a credit search that has had no positive conclusion, ie you being offered/accepting the finance.

but yeah you should defo get your deposit back.
 

·
Registered
Joined
·
1,011 Posts
Discussion Starter #5
technically, i dont have a finance agreement yet as i havent been accepted, as they want more history (?)
 

·
Registered
Joined
·
1,011 Posts
Discussion Starter #6
As above - BUT - it WILL affect your credit rating as it is a credit search that has had no positive conclusion, ie you being offered/accepting the finance.

but yeah you should defo get your deposit back.
REALLY ? thats not so good
 
1 - 7 of 7 Posts
Top