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Help! Need to Cancel Contract Hire Agreement
lordgaz
Posts: 102 Forumite
Hi All!
Just want to know where we stand on the following:
We have just signed a non-regulated contract hire agreement for a new company car (we signed and emailed the contract from distance 4 days ago.) based on a quote from 23rd August, and several telephone discussions with the dealer up until 11th September
By chance, I just found out that the car manufacturer had dropped the price of the car substantially on 30th August, but our agreement is based on the old higher price.
Can we cancel the agreement and renegotiate the price?
I feel a little cheated by the dealer not informing me of the new price, though not entirely surprised -
Do we have any "cooling off" period?
Many thanks
LG
Just want to know where we stand on the following:
We have just signed a non-regulated contract hire agreement for a new company car (we signed and emailed the contract from distance 4 days ago.) based on a quote from 23rd August, and several telephone discussions with the dealer up until 11th September
By chance, I just found out that the car manufacturer had dropped the price of the car substantially on 30th August, but our agreement is based on the old higher price.
Can we cancel the agreement and renegotiate the price?
I feel a little cheated by the dealer not informing me of the new price, though not entirely surprised -
Do we have any "cooling off" period?
Many thanks
LG
No reliance should be placed on the above.
0
Comments
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Is this a business purchase or a consumer purchase?0
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Hi - yes, it is a business contract (not personal)No reliance should be placed on the above.0
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Hi - yes, it is a business contract (not personal)
In which case any cooling off period will be as agreed in the contract.
Sorry to be vague, but there is plenty of legislation out there to protect consumers, but businesses seem to be expected to look after themselves when agreeing contracts.0 -
agreed - Where best in this forum?
Maybe the Small Businesses board, but really this whole MSE forum is geared towards consumers.0 -
can I cancel this this thread, and repost, or is there a way of getting it moved by a mod?No reliance should be placed on the above.0
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PM a board guide and ask them to move it.can I cancel this this thread, and repost, or is there a way of getting it moved by a mod?
Board Guides: Sparhawke, Chickabiddybex0 -
Moving this thread by request of Gaz
(Just for future reference there is a list of us at the bottom of the forums called "Board Guides and Admins" directly under the Moneysavers Arms offtopic forum and also what boards we hang around in)"Don't blink. Blink and you're dead. They are fast. Faster than you can believe. Don't turn your back. Don't look away. And don't blink. Good Luck" - The Doctor.0 -
Unlikely. Businesses are expected to read the contracts they're signing and be held by them. They do not have 'consumer rights' as they're not 'consumers'.0
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