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Pcp agreement please help

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I've stupidly, I admit, entered into a PCP agreement with Lloyds Mini. I've now realised I can't afford it. I signed the contracts today and paid a 500 pound deposit to collect the car next weekend. Have I got any rights to cancel this using the 2 week cooling period? Please help.

Many thanks

Comments

  • Yes, I believe you can cancel but you might lose your deposit. Either way better get on the phone to the finance company and the dealer ASAP.
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