Can I return a new car back to dealership

hewhoisnotintheknow

im afraid its down to you to check the paper work, its there to protect both sides incase of any dispute

is it just the first month you cannot afford, or is it other months as well

hewhoisnotintheknow

**

just re read it, noticed its not a new car, you might have more luck returning a used one, still doubtful though

kat84

The first month I just cannot afford at all and no one can lend me the money and I don't have a credit card that I could pay for it as I can't get one. After the first month it won't be as bad but it will leave me skint. I am still going to give them a call in the morning and try and see if I can take the car back. Even if it means I lose my deposit I had to put down.

hewhoisnotintheknow

yeah thats the best option, the sales man might make more money from keeping your deposit that he would for selling the car (depending how big your deposit was)

Keith

Yes, get rid of it in one way or another.

If running the car is going to leave you skint each month, why the hell did you sign up for the finance? "oh we can't eat but we'll have a nice car".

There are many cheap bargains out there if you must have a car.

hewhoisnotintheknow

my sister is a bit like this, she wants something, then we have tears afterwards when it actually comes to paying for it

thankfully usually her husband or my father manage to catch it before its too late, lol

standupguy

You now know that you should have taken more care particularly with the paperwork - but at least a lesson is learned and you will be wiser in the future?

Having said that you were a "novice punter" in the eyes of the professionally trained car salesman and I think they have taken advantage of your inexperience.

It would be interesting to know what happened to the original car you were interested in - is it still for sale?

I think what has happened here is that the dealer could not raise the amount of finance you required or the length of payment term you required on the original car due to the trade value of that car.
The reason they gave you that there is a fault is most likely untrue.

So, in order to get a sale they have offered you a car where the book values are more in line with the amount of credit you can get. Even so, they still have to get you to repay over a shorter term than you required.

Young customers, in particular, who do not understand the ways the motor trade works should be helped by professional dealer salesman to get the car and Finance that suits them with full explantaions all the way.

In this case, they have "seen you coming" and made profit out of you by telling you as little as possible.

I think you have grounds for a complaint so you need to get tough.

Contact the Finance company and inform that you wish to make a formal complaint regarding the mis-selling of credit by this dealer who is acting as their agent under the Consumer Credit Act.
Tell them that you are prepared to take this matter to the Financial Ombudsman service unless this is satisfactorily resolved within the time constraints laid down by the FSA.

You will need to give specific details of why you believe you were misled.

hewhoisnotintheknow

also you need to keep some money aside incase you get a couple of flat tyres in a month or a cracked windscreen etc

flea72

from what you are saying, its only this first months payment you cant afford, so im assuming as of month 2, the payments wont be so high. its just that in the first month, they tend to take a larger payment to cover admin fees, etc?

So as of next month, you can afford the car? Not that im condoning using an overdraft, but in reality its a small amount that you are short, and you should be able to pay that back over a few months

But tbh, if you cant find £50 a month extra for a car, then your income must be pretty tight already, so why buy such an expensive car?

Flea

Pew_Pew_Pew_Lasers!

I can sympathise with the OP. Its easy to get excited with these things and when in the dealership you're presented with 5 bundles of paper to sign end up agreeing to something which is a lot less favourable than what you originally thought.

My advice would be to lose the deposit and consider it a painful lesson learnt.