I ordered a vehicle approximately 4 weeks back and have since had a change in circumstances which means I want to back out of the deal.. I have yet to sign any financial agreements to my knowledge, only a new car order form which did have some details of montly cost and p/x value. I paid a deposit of £100 which I am pretty sure I'll lose but I can live with that.
Can I expect the dealer to charge me more if I choose to pull out? If so how much?
Or is the new car order form pretty much a financial agreement too? They did mention I would be invited back before the purchase to complete further financial information.
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What does the piece of paper you signed say?
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Unfortunately I don't have it in front of me... It actually doesn't have any terms with regards to a cancellation fee... But at some point it refers to terms and conditions on an attached form which isn't actually present. That'll probably be my downfall. I don't recall being shown any sales terms and conditions at the showroom. Foolish in retrospect.
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Oh well, there's my answer... The company would be looking to charge around £500 for a cancellation.
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If they did not draw the conditions to your attention,they cannot enforce them.
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Unless the form you signed says the terms and conditions were drawn to your attention. And that's what forms often say.
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if you cant have the new car then the paperwork is irrelavent.
cancel the order now and wait to see what they say. they get this dozens of times a week and if they were to persue every cancelled order then their legal team would be bigger than thier sales team.
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Is the car in question a popular model/colour/and to standard spec ?
The dealer has a legal duty to mitigate their loss.
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Oh well there's my answer... The company would be looking to charge around £500 for a cancellation.
You will loose your deposit and tell them to whistle if they ask for the 500
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