I signed to buy a brand new car for £15.000,with honda dealers and paid £500, then I changed my mind to buy the car,I but honda dealers won't give my deposit back,who has the right to keep the money, them or me.I dont have the car yet,they said i can collect it next month. I would be very please if you could help me with some information thanks.
2007-02-02 00:01:40 · 11 answers · asked by neha 3 in Cars & Transportation ➔ Buying & Selling
You need to read the agreement you signed. Quite often if a deposit is paid (holiday, cars etc.) and you pull out you don't get the deposit back.
2007-02-02 00:04:20 · answer #1 · answered by Anonymous · 2⤊ 0⤋
It depends on the contract. You should have had some documentation which will detail this. Ignore people who say if you have not signed anything you are okay a contract can be verbal and at times a verbal contract is stronger than a written one. So check your documentation and if there is nothing in there try and remember what was said and who was there at the time also were there any notices in the room detailing the terms of contracts. I suspect somewhere there is a term which makes the deposit nonrefundable otherwise it would not be worth having
2007-02-02 08:16:43 · answer #2 · answered by Maid Angela 7 · 1⤊ 0⤋
Here in Canada if you sign a contract for a vehicle there is no cooling of period and you have to abide by the contract. You may however, depending on how reasonable the dealer is negotiate part of dep back or change to a different model. Go in and try to reason with them, good luck.
2007-02-02 08:18:46 · answer #3 · answered by wheeler 5 · 0⤊ 1⤋
I think you probably paid by debit or credit card.. in which case you can simply call the bank and tell them to issue a recall on that transaction. Tell them you did not authorise it.
Then, if they wanted to try and get the money back again it would be too expensive for them as they would have to issue you with a county courte summons. They may fear bad press and so wouldnt want to do that.
2007-02-02 15:34:49 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The whole idea of the deposit is to cover expenses if you back out of the deal and to discourage people from backing out after the car has been ordered from the suppliers.
2007-02-02 08:26:10 · answer #5 · answered by frankturk50 6 · 1⤊ 0⤋
Did you sign a contract ?
If you didnt then you should be able to get your diposit back although normally a deposit is insurance so if you do pull out they havent wasted there time and have earned off of you.
but if you didnt sign anything then there is no reason they shouldnt give it back and i would take it further with legal action
2007-02-02 08:06:54 · answer #6 · answered by Anonymous · 0⤊ 2⤋
I believe legally they can keep it; however your best bet is to try to make them feel guilty, since you need that money for a family medical emergency, and your new car is regretably going to have to wait.
2007-02-02 09:25:22 · answer #7 · answered by Nemo the geek 7 · 0⤊ 0⤋
Phone your citizens advice
but as far as i know you are always fully entitled to get a deposit back.
You should have had a colling off period in such an expensive contract.
2007-02-02 08:05:32 · answer #8 · answered by CLAIRE S 2 · 0⤊ 1⤋
EEEEEEEEE car dealer,There a bit like insurance companys..... if you signed agreement then urrr up the creek...WRITE A LETTER TO THERE MAIN OFFICE SAYING THEY WAS PUSHING YOU INTO A SALE!!! BLA BLA..
2007-02-05 15:42:32 · answer #9 · answered by rikyandnina 3 · 0⤊ 0⤋
These are all very good answers BUT did you get a "Cooling Off" period, this is important and you should have been advised of this.
Good Luck.
2007-02-04 08:38:17 · answer #10 · answered by The Puppy 2 · 0⤊ 0⤋