cooling off periods when buying a car??

Question

I went down to vauxhall on sunday and ordered a new vauxhall corsa. i had to pay a deposit there and then.however i realised i could not afford it so therefore i cancelled the order first thing on monday. he gave me my deposit back, minus 5% of the cost of the car. therfore i lost nearly £500. is there not a cooling off period where e.g. you have 48hours to change your mind. i am really annoyed n would love to try and get my money back .

Answer 1

I don't know about where you live. But in most places around the globe if the sales person comes to you there is a cooling off period. If you go to them then there is not. Most car dealers will charge you a fee if not keep the entire deposit to cover their time spent with you and paperwork.

Always remember to ask and have it on the contract that you can cancel within a certain time and get your entire refund back. They don't want to put that in print go to another dealership.

Answer 2

I just went through it here in California. When buying a used car through a dealer the finance manager is required to offer you a 48 hr return back policy when you are purchasing the car. However, this policy cost $240 and if you do not return the car that money is gone. You can opt not to purchase this policy, but you are on your own if you change your mind for whatever reason. There are some buying programs (such as the Auto Club) that offer a free policy when you purchase through them, but there is usually a "re-stocking" fee that can vary.

Answer 3

i've got been posting in this section for some 3 hundred and sixty 5 days and a nil.5 now. In my finished honest opinion, that is probable my best puppy peeve. i think of it comes from notice-of-mouth, no longer something greater. Uninformed human beings will come at here and make those different wild claims in tandem with "you have 3 days, 30 days, etc": a million) that could be a "Federal" regulation. 2) you're due an entire refund in case you want. 3) the paranormal, magical "Lemon rules" are tied to this, too... and now and returned posters declare that the non-existent Cooling-Off clause is a factor of the Lemon rules. 4) If something occurs to an "as-is" motor vehicle, even a month or so after purchase, some magic regulation will cover that for you. I have no clue the place this all began. as quickly as I labored in F&I, I continuously made particular human beings understood that there develop into no Cooling-Off regulation. although, i might continuously get that one jacka** who'd declare that he might deliver the vehicle decrease back if he wanted and rigidity us to take it decrease back, just to advance his ego in front of whomever develop into contemporary. I even had one that introduced the vehicle decrease back after 2 weeks, claiming he did no longer like it and that his trypersistent "wasn't long sufficient". while we does no longer take it decrease back (outright), and ought to in basic terms supply him wholesale on a commerce, he have been given indignant and advised us to "take the vehicle decrease back, i do no longer care what occurs". nicely, our in basic terms determination develop into to call his lender and tell them he did no longer want the vehicle. They called him and asked him, "do you particularly want a voluntary repo?" for particular, he replaced his innovations rapidly and picked the vehicle up approximately evening. you will locate on any question concerning this... there'll be one fool who posts that the asker has the magic Cooling-Off era, and approximately 4-5 who dispute it. **EDIT -- Yeah, what Peter Griffin suggested, too... :)

Answer 4

there is a cooling off period ,but in some cases they do have the right to charge a stock fee or in this case the 5% they charged you ,which I'm sure they,ll have a good excuse for charging you this,in most cases you get a full refund ,but it keeps changing so much and they keep adding things in ,id say you may not get the 5% back,but id be glad i got what i did back and chalk the rest of it up to a learning process,but it wont hurt to talk to them about it,they might agree to refund this to you,good luck ,i hope this help,s.

Answer 5

First thing you need to see is if they specify anything anywhere that you may have signed which states that they have the right to deduct 5%.

If not, I would tighten my belt and b*tch like a man

Answer 6

dodgeman is an idiot