Can I get my deposit on a new car back?

lichfield44

hope someone out there can help?
put a deposit down on a new car a couple of days ago_500 pounds.
The car will not be delivered until december -february. What is my legal position, if I change my mind?The balance is to be paid in cash.

michaelvintner

What car is it, deposits are normally non returnable and if they made you aware of the long wait, why did you put the deposit down. Having said that have a word with the dealer. That is a long wait but there may be a reason for it. I think the longest I have waited for a new car is 2 months.

lichfield44

it's a skoda 0 per cent vat until the new year. Foolishly, I didn't compare the value of my car at another skoda dealers.

iolanthe07

There would not be much point in deposits if you could just get them back because you have had a change of mind. A deposit forms the basis of a contract on both sides, dealer and customer, but you might get it returned as a gesture of good will. A lot will depend on what you signed.

anewman

There has been flooding in the Czech Republic and this put the delivery dates of some Skodas back. http://www.praguemonitor.com/2010/09/15/czechs-germans-poles-ask-eu-money-flood-damage

lichfield44

my concern is hat they have undervalued my car. However I realise that I have signed a vehicle order form. Could it be too late?

michaelvintner

lichfield44 wrote: »

my concern is hat they have undervalued my car. However I realise that I have signed a vehicle order form. Could it be too late?

Speak to the dealer. I have brougt a couple of Skodas and have found the dealors to be pretty good. They normally get a pretty good rating in most surveys.

They can sell every car they can get their hands on so they may be ok about what you are saying and that is a long wait for a new car.

What one are you getting, I have had a Felicia and an Octavia and they were both better built than the Kia Cee'd I have currently which although it has a 7 year warranty feels like it will probably fall apart 1 day after the warranty expires.

vaio

lichfield44 wrote: »

my concern is hat they have undervalued my car. However I realise that I have signed a vehicle order form. Could it be too late?

I'd say you have entered into a contract and can't back out without penalty, same would apply if they tried to change the costs on their side.

Your best bet is to discuss it with them with the aim of removing your car from the deal and paying the extra in cash, my guess is they'd be quite happy to do that as most dealers regard part-ex cars as a necessary evil rather than a significant profit centre

taffy056

If they undervalued your car, why don't you sell it privately ? Don't suppose you are obligated to part ex your car with them if you have found a better deal, all they are interested in is you buying from them.

Also is the other dealer offering more than £500 extra for your trade in ?

lichfield44

Just noticed on the order form "you should read carefully the terms and conditions set out on the other side of this order form. There's nothing on the back. Is this an oversight?

Keith

No, you'll have a copy and they hold the original.