Can I recover my deposit?
I went to see a car from a dealer. I test drove it and liked it - was prepared to buy.
He asked for £300 deposit and I offered £500. I signed what I thought was a receipt for the deposit.
The next day I emailed to cancel the sale due to a high insurance quote, (more than double what I expected).
Turns out the 'receipt' says "you may lose your deposit if sale cancelled." He has offered £250 of the £500 back as a goodwill gesture. Am I a complete idiot? or should I get the whole deposit back?
He asked for £300 deposit and I offered £500. I signed what I thought was a receipt for the deposit.
The next day I emailed to cancel the sale due to a high insurance quote, (more than double what I expected).
Turns out the 'receipt' says "you may lose your deposit if sale cancelled." He has offered £250 of the £500 back as a goodwill gesture. Am I a complete idiot? or should I get the whole deposit back?
Asked on 23 November 2011 by JKtitch
Answered by
Honest John
Grab the £250. That is all you are entitled to.
Our honest used car pricing is a little bit different to all the others. You can get to our values through make or model - you don’t have to follow a prescribed route. Plus, it’s live, which means we can react to changes in the market quicker than any printed price guide.
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