Dealer desperate to sell me car before end of the month!!!

sam1970

i am not breaking the deal...as i said the transfer of loan money from my lender will take few working days...it is the dealer who is not happy to wait because of his targets which , to be honest, I could not care less about...I am happy to have my deposit back and i could go next weekend and buy any car I like..it is buyers market...I understood that more when I sold my car and had to accept lower price for it for a quick sale

Hintza

sam1970 wrote: »

i am not breaking the deal

Perhaps not but you are technically in breach of contract as you agreed to complete the sale on 31 January. I'm sure nothing will come of it but if you annoy the dealer they could keep part or all your deposit and perhaps sue you for any other losses.

Anyway how can you complete before the end of the month if the finance isn't in place?

You could potentially be playing a dangerous game OP.

fivetide

Sorry Hintza but that comes across as scaremongerign guff.

As the OP has stated, there is no definitive collection date in his agreement and he isn't backing out of buying the car.

If they want to complete earlier than your finance ask if they want to knock a few hundered off the price because "that's all you can get together" otherwise they will have to wait until you get the cash through. Not your fault and a lesson to them not to offer nothing for your car and push such high rate finance on you when you clearly have a decent credit rating.

5t.

Hintza

sam1970 wrote: »

I applied for a loan at 6% which was accepted. Originally We agreed that we will complete the sale on Tuesday 31/1

I suspect this loan is outwith the dealership (but stand to be corrected) and as such has no bearing on the contract.

The OP then give details of when the agreed to conclude the contract ie 31 January.

As I said nothing will in all likelyhood happen but if OP trys to renegotiate the contract they could be in for a shock. And if the OP doesn't complete by the 31st could be in breach of contract

So I don't think it is guff I am just pointing out that there are other scenarios.

fivetide

I checked the paper work I signed and no where it mentions the collection date. I checked the small print and it clearly states that I will only lose the deposit if i do not collect the car 14 days after being told it is ready for collection which means i still have at least another 10 days

The don't have a leg to stand on. If they were late delivering the car then they'd offer the OP a percentage of naff all.

As he says, nothing in the contract and why should he care about their sales targets? They've done nothing for him.

Also the OP already said it was a bank loan so it would help to read the thread first I think.

5t.

richardvc

fivetide wrote: »

why should he care about their sales targets? They've done nothing for him.5t.

But he did agree to that.

Doesn't sound as though a good job was done by either side here.

He shouldn't care about their sales targets but he did agree to a 31st January date - his words not mine.

We are always very quick to criticise companies when they don't uphold their part of the bargain but customers can cause / blag / bs their fair part of problems too.

Was the 31st january a condition of the price ?

Hintza

fivetide wrote: »

The don't have a leg to stand on. If they were late delivering the car then they'd offer the OP a percentage of naff all.

As he says, nothing in the contract and why should he care about their sales targets? They've done nothing for him.

Also the OP already said it was a bank loan so it would help to read the thread first I think.

5t.

Collection date is not necessarilly conclusion of the contract.

What do you mean they have done nothing for him? They have supplied a car with an agreement to conclude the contract on 31st January. What more do they need to do the OP declined their PX offer and their finance offer. I agree their sales targets are not the OP's concern but are an obvious concern to the dealer and thatis why they wanted the contract concluded on 31st January.

The OP does not specifically mention a bank loan (although that is a fairly reasonable assumption)

Anyway we haven't seen the contract and the obvious thing is for the OP to conclude it as timeously as possible. There might be no mention of a date and the 14 day collection period could be seen as the agreed time frame. Who knows.

Trebor16

Hintza wrote: »

The OP does not specifically mention a bank loan (although that is a fairly reasonable assumption)

The OP made it abundantly clear in the first post that the dealer finance had been declined and they had arranged their own loan elsewhere.

fivetide

Hintza wrote: »

What do you mean they have done nothing for him?

Example for you.

Dealer:
"Blimey we need to shift some cars before the end of the month."

OP:
"I'd like to buy that car please. As it's the end of the month and January to boot, how about you do me a great deal on price so we can conclude quickly?"

Dealer:
"No, the price is the price but would you like our super duper kneecap finance at just double the rate you'll get from the bank?" (This would probably be accompanied by some chat abotu how you'll still have credit at the bank as the cash is secured against the car)

OP:
"Ok then, how about giving me decent cash for my part ex?"

Dealer: "No but would you like to rethink that well over priced finance?"

OP: "No thanks"

They have supplied a car

I should hope so. If he turns out to have bought a bathroom suite I'd definately want a refund. Its a car dealer, it's sort of their reason for being."

with an agreement to conclude the contract on 31st January.

Potentially. As the OP said, nothign in writing for that.

What more do they need to do the OP declined their PX offer and their finance offer. I agree their sales targets are not the OP's concern but are an obvious concern to the dealer and thatis why they wanted the contract concluded on 31st January.

And that is exactly why, in the above example they should have made it as easy as possible for the OP to make the sale. they didn't. The offered him nothing for his car (OP has made a grand more but even then admits pricing low for a quick sale) and had to sort his finance out. If the dealer wanted or needed a quick sale they should have done more for the OP. I see no bend over backwards customer service here at all.

The OP does not specifically mention a bank loan (although that is a fairly reasonable assumption)

Well a.n. other financial institution. At 6% it's not likely to be Ocean Finance is it?

Anyway we haven't seen the contract and the obvious thing is for the OP to conclude it as timeously as possible. There might be no mention of a date and the 14 day collection period could be seen as the agreed time frame. Who knows.

All true. No disagreement there. That's why the fire and brimstone, dealer will put out and sue you type posts were not necessary IMHO.

5t.

AlexisV

The car dealer needs to get a grip on reality if he's whinging about being paid 3 days later than he thought.