Section 75 protection for new car purchase??

Wobblydeb

Hello,

I am buying a new car just over £30k with 50% deposit upfront and 50% on HP.

My question is whether there is any section 75 benefit to be gained by paying some of that deposit by credit card? Or does the HP agreement generally take precedence.

I am also buying something at just over £30,000 - so does this mean section 75 doesn't apply? If not, what protection is there?

Thank you for your help!

wealdroam

Wobblydeb wrote: »

Hello,

I am buying a new car just over £30k with 50% deposit upfront and 50% on HP.

My question is whether there is any section 75 benefit to be gained by paying some of that deposit by credit card? Or does the HP agreement generally take precedence.

I am also buying something at just over £30,000 - so does this mean section 75 doesn't apply? If not, what protection is there?

Thank you for your help!

Section 75 of The Consumer Credit Act does not apply to purchases over £30,000.

However, Section 75A does offer something.

Have a read of MSE's Section 75 article. There's a short section in there about S75A.

Are you really using a Hire Purchase agreement, or is it a Personal Finance deal?

bris

If your buying from a reputable dealer, which you should be for over 30k then you will never need to use S75.

ThumbRemote

bris wrote: »

If your buying from a reputable dealer, which you should be for over 30k then you will never need to use S75.

If only this were the case, half the posts on this forum would never need to be posted. However it appears reputable retailers quite often have disreputable practices.

In any case, how does someone know what's a reputable dealer until they've had some reason to use the after-sales service?

George_Michael

bris wrote: »

If your buying from a reputable dealer, which you should be for over 30k then you will never need to use S75.

Like reputable VW dealers for instance?

agrinnall

George_Michael wrote: »

Like reputable VW dealers for instance?

If you're referring to VW emissions then I fail to see what part VW dealers have played in a scandal that is entirely the responsibility of the manufacturer.

Wobblydeb

Thanks for the link wealdroam

wealdroam wrote: »

Are you really using a Hire Purchase agreement, or is it a Personal Finance deal?

Well Mitsubishi are calling it a Hire Purchase Finance Plan. The main difference seems to be there is no final agreed value and I will own the car outright once last payment is made.

George_Michael

agrinnall wrote: »

If you're referring to VW emissions then I fail to see what part VW dealers have played in a scandal that is entirely the responsibility of the manufacturer.

Surely you know that if you are sold a faulty or misdescribed car (even if it was the manufacturer that is ultimately at fault), it is the dealer that sold you that vehicle that you have to take action against if you want to pursue your legal rights as it is only the dealer that you have a contract with.