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Can I get my deposit back??

Hi

I'd be really grateful for some help re.a £500 deposit I put on a brand new car on Saturday. I test drove a car, loved it, a few days later I paid a £500 deposit to take it off sale over the phone - I haven't signed anything as yet. I was buying the car as I've just been promoted and am opting out of the company car scheme. However, today the company have decided that I have to keep my fleet car until it's end of life - January. I'm meant to be paying the remainder of the deposit tomorrow and going in to sign the finance agreements etc, however, I now need to cancel the purchase and try and get my deposit back.

Am I going to lose £500 or am I entitled to it back? I can't afford the car without the car allowance I'm due. :(

Thanks

Comments

  • Quentin
    Quentin Posts: 40,405 Forumite
    All depends on their conditions. Often the deposit is non refundable, so best to try the polite approach first, and if that fails suggest that they give you a credit note to use in January!
  • You should be able to get that back - As "Quentin" has said, go for the polite approach
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