USed Car Deposit paid by CC

bdkelly72

Hi

I put a deposit on a car £500, non-returnable option to buy.

My circumstances have changed and while I do not wish for it back require to be transfered to another cheaper car than i can afford.

I am now being told that the deposit is Non-Transferable. Is this a new express term that voids the agreement or is this allowed. There was no mention of non-transferable on the receipt

Anymore detail i will happily oblige, he told me today it was non-transferable.

regards

dresdendave

Looking at it from the seller's point of view, your deposit was to secure a particular car. As you no longer want this particular car they expect you to forfeit your deposit. He could claim he missed out on a potential sale of the car because he was holding it for you.

After all if you found your dream car (exact model, spec, mileage etc) and paid a deposit to secure it, would you be happy if the dealer sold the car to someone else, his excuse being that your deposit was transferrable and you could now put it towards another car on his lot?

Hominu

Well, you were preventing the seller from advertising or selling it to someone else. Whether he actually had another seller is not the question.

So if you pull out of the deal now, he has a right to keep your money.

You could ask for a list of the terms and conditions, and take them to court if they can't provide them, or don't contain suitable clauses, but it may not be worth it and it may cost you significantly more if you lose.

Slowhand

bdkelly72 wrote: »

Hi

I put a deposit on a car £500, non-returnable option to buy.

My circumstances have changed and while I do not wish for it back require to be transfered to another cheaper car than i can afford.

I am now being told that the deposit is Non-Transferable. Is this a new express term that voids the agreement or is this allowed. There was no mention of non-transferable on the receipt

Anymore detail i will happily oblige, he told me today it was non-transferable.

regards

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