if you purchase a car from car dealer and it has to go back do you have to give them the cashback back?

Question

i purchased a car on finance in march 2006 and have problems with it from day 1. i told the car dealer and finance company about the problems, and have not been able to hardly use the car. it broke down in may and havent used it since, im still paying finance for it, each week, the finance company have had talks with the car dealer and they have just decided that i dont have to have the car back, they collected it just over a month ago to have it repaired because there is that many problems plus there is a question mark over the mileage. the car dealer said that the finance company could have there money back, and we could get out of the agreement and we could get our repayments back that we have paid so far. But they wont release the cheque to the finance company until we pay back £300 cashback that they gave us at the time of the deal. are they allowed to take it back and can i sue them for selling me a car that wasnt sold in the condition it was hopefully you can help. thanks

Answer 1

UK law states that in a situation like this you should be returned to the position you would be in if you had not bought the goods or services (in this case the car).
Therefore, you will get back your deposit, plus your finance payments, but will forfeit the cashback as you would not have had that if you hadn't bought the car.

However, you may be able to claim interest on the money you had already paid out.
Talk to Citizens' Advice.

Answer 2

Yes you will have to return the £300 cashback.

That was part of the deal concerning the purchase. If the car is returned for a full refund then you will also have to refund the £300. Many companies would probably right this off as a goodwill gesture but they are not required to do so.

Answer 3

No, not with finance I'm afraid

Someone I know paid 2,700 pounds towards her car and she still didn't get to keep it because of the agreement.

Answer 4

The broking develop into negligent in no longer telling you choose collision except you printed a surety bond. No respected broking will finance a vehicle without the customer having collision and complete insurance. yet, finally it develop into your responsibility to take care of your self. you somewhat must have refused the apartment vehicle and under no circumstances enable them save your vehicle for something beauty. you need to have instructed them you'll deliver the motor vehicle lower back the subsequent day or at the same time as it develop into accessible for you. Any, i'm sorry to assert that the criminal specialist is mendacity. in case you somewhat had a great case the criminal specialist ought to have taken the case on contingency because the broking ought to have had to pay their fee in the adventure that they misplaced. And it probable ought to were settled out of courtroom. As on your modern situation with the $10,000. they have 3 years to call for money. because it develop right into a apartment vehicle, they're allowed to collect no longer merely the wear and tear yet misplaced gross revenues at the same time as the motor vehicle is out of service. so that you choose to pay for misplaced gross revenues from the time the motor vehicle develop into damaged to the time it develop into fixed and waiting to be rented back. it really is conventional and under no circumstances something new. it really is YOUR appropriate wager: call each and every television station or look on their web pages and ask in the adventure that they have got a customer recommend which could evaluate helping you. In my area, Channel 8 has "8 on your aspect". in the adventure that they settle on your "case" they is normally able to help you decrease the quantity or perhaps get the broking to forgot about the debt because the broking does no longer choose the negative publicity. I favor you properly. it really is what i ought to do if the media gained't help: Ask for a duplicate of the restore order. If it is lower than $10,000 then ask why they're soliciting for $10,000. in the adventure that they declare "misplaced use" then ask for the apartment log for the previous 2 years or at the same time as it develop into first positioned into service as a apartment. the final analysis is except you get someone to strive against for you you may owe the total volume.

Answer 5

cash back usually is on condition of keep ing the car and fufilling the terms of the finance agreement

Answer 6

yes you have to give the cash back

you should be happy that they are willing to call off the deal.
they could have said you are stuck with the bad car and you have to keep making payments on it!

Answer 7

Seek advice from a solicitor or the CAB

Answer 8

just give them the 300 pounds and have done with it!