📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

bought new car on scrapping- wife now being made redundant

Options
archiesdad
archiesdad Posts: 221 Forumite
hi,
recently ordered a hyundai i10 on the scrappage deal. however my wife has been told that she is going to be made redundant. we have paid a deposit only of £250.
my question is, would you not bother collecting the car, thereby losing £250 or purchase it and try to sell it to recoup the money with a small profit to cover the other car.
Its a hyundai i10 comfort in oyster grey, we paid £5850 plus my old car.
I've checked autotrader and someone is selling a year old model for more than we paid.

Comments

  • jack_spratt_2
    jack_spratt_2 Posts: 577 Forumite
    edited 13 June 2009 at 10:36AM
    The decision is yours at the end of the day !! If you contact the dealership they may give you your deposit back as I am sure they could sell the car on !!
    If you go and purchase the car you will have all the trouble and worry of selling the new car on !
    Do you think your wife will find another job quickly as this may influence your what you decide to do

    You say on Autotrader they are selling the car for more than you have paid but in fact they are advertising the car for more than you have paid as you do not know the figure they will actually accept for the car
  • plane_boy2000
    plane_boy2000 Posts: 1,482 Forumite
    Does the scrappage allowance allow you to sell straight on, or do you need to hold the car for 12 months as is common with most of these discounts / deals?
  • jb66
    jb66 Posts: 1,705 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Im sure they will let you off with the £250. The waiting lists are huge and they'd give the car to the next person waiting. Just explain your situation
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.