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    • evrydyimshovlin
    • By evrydyimshovlin 13th Jun 17, 11:59 AM
    • 3Posts
    • 0Thanks
    evrydyimshovlin
    New car purcahse. Must I collect same month as sale?
    • #1
    • 13th Jun 17, 11:59 AM
    New car purcahse. Must I collect same month as sale? 13th Jun 17 at 11:59 AM
    Hi,


    Looking for some guidance for buying a car please.


    I put a deposit down on a used car at the weekend, no collection date was agreed. It was floated collecting the car this week but that isn't possible now for personal reasons, at the time the dealer said "whenever you want".


    I've since checked insurance and it is £170 more expensive to get the car this week than it would be on the 2nd July. I phoned my insurer and they were candid enough to say "we know you are desperate if you need a policy this soon".


    I've asked to collect the car 2nd of July and the seller has told me they must get rid of the car the same month that they sell it. Is this a standard policy?


    Thoughts please?
    Thanks!
Page 1
    • ssparks2003
    • By ssparks2003 13th Jun 17, 12:08 PM
    • 48 Posts
    • 65 Thanks
    ssparks2003
    • #2
    • 13th Jun 17, 12:08 PM
    • #2
    • 13th Jun 17, 12:08 PM
    It is quite fair for the garage to want the car sold and off their property as it is their money tied up in the car.
    • force ten
    • By force ten 13th Jun 17, 12:09 PM
    • 1,651 Posts
    • 1,107 Thanks
    force ten
    • #3
    • 13th Jun 17, 12:09 PM
    • #3
    • 13th Jun 17, 12:09 PM
    it will be down to monthly sales targets the want the sale completed by the end of june so it goes into this months sales figures

    I Was once told that as long as the deal was complete and paid for by the end of the month the dealer would hold the car a couple of days so i could collect at the beginning of the next month, the downside of this is they tax the car in the month of sale so i would have lost a months tax
    • Oakdene
    • By Oakdene 13th Jun 17, 12:11 PM
    • 1,006 Posts
    • 1,751 Thanks
    Oakdene
    • #4
    • 13th Jun 17, 12:11 PM
    • #4
    • 13th Jun 17, 12:11 PM
    It'll be due to a sales person trying to hit target for the month as they wont lose the funding on the vehicle until they have taken it off funding which should be on the day it goes out.
    • AdrianC
    • By AdrianC 13th Jun 17, 12:15 PM
    • 14,342 Posts
    • 12,687 Thanks
    AdrianC
    • #5
    • 13th Jun 17, 12:15 PM
    • #5
    • 13th Jun 17, 12:15 PM
    You can leave your car at somebody else's premises for as long as they allow you to.
    The vendor may prefer it if you paid for your car in full sooner rather than later.

    Yes, buying insurance at short notice is expensive. I fell foul of this last year, changing cars. However, remember that you have 14 days to cancel the policy from receiving the paperwork... I took out a second policy to start a week or so after purchase, then cancelled the first one for a full pro-rata refund, and made very sure I told them why when I did so.

    If insurers are going to take the Michael, I'm quite happy to return the favour.
    • wgl2014
    • By wgl2014 13th Jun 17, 12:15 PM
    • 165 Posts
    • 85 Thanks
    wgl2014
    • #6
    • 13th Jun 17, 12:15 PM
    • #6
    • 13th Jun 17, 12:15 PM
    How about insuring it from the last day in June and collecting it then?
    • waamo
    • By waamo 13th Jun 17, 12:23 PM
    • 1,512 Posts
    • 1,732 Thanks
    waamo
    • #7
    • 13th Jun 17, 12:23 PM
    • #7
    • 13th Jun 17, 12:23 PM
    If your insurance company are really taking the Micky you can get day insurance to drive it away. Alternatively many dealers provide drive away insurance so it might be worth asking if your dealer does this
    This space for hire.
    • motorguy
    • By motorguy 13th Jun 17, 12:28 PM
    • 14,957 Posts
    • 8,409 Thanks
    motorguy
    • #8
    • 13th Jun 17, 12:28 PM
    • #8
    • 13th Jun 17, 12:28 PM
    it will be down to monthly sales targets the want the sale completed by the end of june so it goes into this months sales figures

    I Was once told that as long as the deal was complete and paid for by the end of the month the dealer would hold the car a couple of days so i could collect at the beginning of the next month, the downside of this is they tax the car in the month of sale so i would have lost a months tax
    Originally posted by force ten
    It would also be quarter end for them, hence its probably v important to them.
    Regards

    Paul
    • evrydyimshovlin
    • By evrydyimshovlin 13th Jun 17, 3:25 PM
    • 3 Posts
    • 0 Thanks
    evrydyimshovlin
    • #9
    • 13th Jun 17, 3:25 PM
    • #9
    • 13th Jun 17, 3:25 PM
    Hi Everyone,


    What an efficient bunch you are - thanks!


    I too had thought it may be down to sales targets but when does customer service win? I can also appreciate they want a sold car off their property. Would the sale not be counted for July targets anyway?


    If I take a drive away / one day insurance to use the policy from 2 July onwards it would then sit un-insured in an open car park for two weeks. I'd rather they kept it secure until it's insured by me.


    * wgl2014 - The price difference between Friday 30 June and Monday 3 July is still +£170. Eeek!!
    * force ten - this would be the ideal scenario. It will be cheaper for one month road tax to expire than the £170 premium price.


    All further thoughts welcome!
    • Quentin
    • By Quentin 13th Jun 17, 4:16 PM
    • 31,495 Posts
    • 15,504 Thanks
    Quentin
    .....
    .......from 2 July onwards it would then sit un-insured in an open car park for two weeks. I'd rather they kept it secure until it's insured by me.......


    All further thoughts welcome!
    Originally posted by evrydyimshovlin
    If the car park you have in mind is open to the public then you would need to insure it,


    Have you done a full search of the insurance market to see if you can get a cheaper premium?
    • forgotmyname
    • By forgotmyname 13th Jun 17, 6:55 PM
    • 25,094 Posts
    • 9,958 Thanks
    forgotmyname
    Had a dealer trying to push us to take the car away before the end of the month. But the insurance was not up until the 4th and no way were we paying admin fees and change of vehicle for 10 days, also losing a months tax although thats a piddly amount.

    We dont want to collect until the 4th, they tried to offer us driveaway insurance but being a young driver the insurance declined to cover.

    Offered to pay in full before the end of the month but collect on the 4th. But it need to be taxed and gone. Bye...

    Next car on the list...
    Punctuation, Spelling and Grammar will be used sparingly. Due to rising costs of inflation.

    My contribution to MSE. Other contributions will only be used if they cost me nothing.

    Due to me being a tight git.
    • Korkyb
    • By Korkyb 14th Jun 17, 4:55 AM
    • 143 Posts
    • 23 Thanks
    Korkyb
    Wot AdrianC said (post 5).


    Take out insurance towards the end of the month - cancel within 2 weeks. Only have to pay pro-rata.
    • Herzlos
    • By Herzlos 14th Jun 17, 9:01 AM
    • 5,017 Posts
    • 4,473 Thanks
    Herzlos
    Offered to pay in full before the end of the month but collect on the 4th. But it need to be taxed and gone. Bye...
    Originally posted by forgotmyname
    That's what I was thinking; will they let you pay for it now and keep it in secure storage until you collect? Or what happens if you refuse to pay until the 2nd? Will they give you the deposit back and let you buy a different car? Odds are it'll still be sitting on the forecourt.

    You don't need to tell them it's due to the insurance, just say something like "I've sold some stock to pay for it, but the money won't hit my bank account until the 2nd, so I absolutely cannot pay you until then".
    • forgotmyname
    • By forgotmyname 14th Jun 17, 3:04 PM
    • 25,094 Posts
    • 9,958 Thanks
    forgotmyname
    We could pay for it but they just wanted it collected before the end of the month. Because the insurance was not due until the 4th we didnt want to collect it until then.

    He was just it must be taxed and gone before the 1st, i assume for his bonus. The next garage we went to had no issues and the salesman just said lovely when i said i could pay for it in full now but cant collect until the 4th.
    Punctuation, Spelling and Grammar will be used sparingly. Due to rising costs of inflation.

    My contribution to MSE. Other contributions will only be used if they cost me nothing.

    Due to me being a tight git.
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