Car Supermarkets - What If It Goes Wrong

Gold_Shogun

singingsister wrote: »

A close friend of mine is lending me £4000 to buy a new car.
...SNIP...
My main worry about getting from a car supermarket, is the horror stories about aftercare. What if they tell you for example it's got a new cambelt, but 3 months later the cambelt goes? What recourse do you have with them?

Irrespective of what car you buy OR wherever you buy it from ... Your BEST "Insurance Policy" is to pay for at least part of it (perhaps the 'holding deposit') using a PERSONAL and PRIMARY Credit Card (eg NOT a Business OR a "Second" card).

This gives you the Protection of Section 75 of the Consumer Credit Act 1974, which renders the CC company EQUALLY Liable with the Selling Garage for any faults or warranty repairs. ---> It REALLY IS "your flexible friend".

This covers you for the entire purchase price (even if you only pay a 100 quid or so deposit on a 20 Grand car). The only limitation to Section 75 is the "whole/single transaction" MUST be for between £100 and £30,000.

I ALWAYS pay for any car purchases in full with my credit card & then pay off the Card in full straight away in order to (A) get the Card "Insurance Cover", and (B) to blag any Air Miles/Bonus Points/Cashbacks/etc.