We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Refunding deposits

I was wondering if someone could help me, I recently contacted a Car Dealer with a view to purchasing a new car. The part ex price he offered me was terrible so I agreed to sell my car privately and then use the proceeds to purchase a new car. The dealer sold the car I was interested in but said not to worry he was arranging for more of the same cars to be brought in. He requested that I pay a deposit of £500 to hold the car when it came in. I was given 2 wks to sell my current car and purchase the new car. I paid the deposit on Thursday and put my car up for sale. Unfortunately I have had no interest in my car, I called the dealer this morning to explain I felt under a bit of pressure to get the car sold etc etc and that I wanted to be able to take a bit of time to get things sorted. I requested that he return my deposit of £500 and once I had sorted everything my end I would return to purchase the new vehicle. He refused to return my deposit and said that he was out money for a car he was ordering in anyway!! I didn't sign anything, I wasn't told the deposit was non refundable and I have never even seen the car I apparently was committed to buy. Do I have any rights here?


Apologies for the long post...
«1

Comments

This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.2K Banking & Borrowing
  • 254K Reduce Debt & Boost Income
  • 454.9K Spending & Discounts
  • 246.3K Work, Benefits & Business
  • 602.5K Mortgages, Homes & Bills
  • 177.9K Life & Family
  • 260.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.