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Best Way to Pay?
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foolsgold99
Posts: 412 Forumite

Hi,
I'm about to spend £15K on a motor home conversion. I've done as much search as I can on the company but there is always a niggle that the worst can happen.
I have to pay half (£7.5K) up front and then the rest on completion.
I was wondering if there is any particular way that's best to pay for it (company doesn't take credit cards) that would offer any form of protection? I don't think that there is though?
Thanks
I'm about to spend £15K on a motor home conversion. I've done as much search as I can on the company but there is always a niggle that the worst can happen.
I have to pay half (£7.5K) up front and then the rest on completion.
I was wondering if there is any particular way that's best to pay for it (company doesn't take credit cards) that would offer any form of protection? I don't think that there is though?
Thanks
0
Comments
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foolsgold99 wrote: »Hi,
I'm about to spend £15K on a motor home conversion. I've done as much search as I can on the company but there is always a niggle that the worst can happen.
I have to pay half (£7.5K) up front and then the rest on completion.
I was wondering if there is any particular way that's best to pay for it (company doesn't take credit cards) that would offer any form of protection? I don't think that there is though?
Thanks
£15000, or even £7500, is a lot of money to risk, isn't it?0 -
If they won't take a credit card, then I would find another company... one that does.
£15000, or even £7500, is a lot of money to risk, isn't it?
Sure is. The problem is though that in not applied for choice when it comes to conversion companies. Most of them a independent small businesses and don't take credit cards. It is a worry though.0 -
foolsgold99 wrote: »Sure is. The problem is though that in not applied for choice when it comes to conversion companies. Most of them a independent small businesses and don't take credit cards. It is a worry though.
Yes, there is a cost, but that can be kept down by only paying a small amount on the card. You are still covered for the whole purchase price though.
There are a number of horror stories about van conversions on these boards.
Here's just one thread:
Take care.0 -
Horror story above.
I've just read the full s75 article and found that if I pay just a partial deposit on my credit card, that I would be covered for the lot. I contacted the company and I can do that. Brilliant, thanks for your help.
All the best0 -
foolsgold99 wrote: »I've just read the full s75 article and found that if I pay just a partial deposit on my credit card, that I would be covered for the lot.
Yes, that's what I wrote in my earlier post.0
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