📨 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!

Car finance and cancelling rights

Hi
Just some advice please.
My husband brought a car on finance from a seller who had his own car company from his house. He signed the contract and paid 500 deposit. The car was delivered last night. After him driving this car to work on a 2 hour journey he doesn't like the car at all they way it drives. My question is what rights do we have if any to cancel the agreement. The seller says he doesn't want the car back. The finance company said we could cancel the finance. But where does that leave us with the car and deposit and seller??? Any advice greatly appreciated. Thanks
«1

Comments

  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Did a test drive not occur, isn't exactly sellers problem?
    Official MR B fan club,dont go............................
  • unholyangel
    unholyangel Posts: 16,866 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Unless the goods fail to conform to contract, you entered into the contract wholly at a distance or the seller permits change of mind returns, you have no legal right to return the car.
    You keep using that word. I do not think it means what you think it means - Inigo Montoya, The Princess Bride
  • Yes test drive happened...like most people test cars...but usually untill a car has been on a good drive you cant truly see if there is a fault or in our case doesn't handle great on long journeys. And dislikes the cars performance. However my issue is what are our rights? . Not who's to blame .
  • So there is no cooling off period?? Even when you sign for a loan you have time to change your mind if you return the money?
  • Cazza
    Cazza Posts: 1,165 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 22 November 2017 at 7:06PM
    Cooling off period won't apply if he signed the paperwork on the dealer's premises.


    Some more information here - they are two aspects to your problem, cancelling the Finance and cancelling the car.... http://personal.natwest.com/personal/life-moments/buying-a-car/buying-your-car.html
  • photome
    photome Posts: 16,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Bake Off Boss!
    Is there a fault? In which case aske the seller to fix it

    If you just don’t like it , then I think you are stuck with it
  • The finance company said we can cancel the agreement. We have the car...so surly the seller will want the car back? As we don't have the funds to buy it or we wouldn't have got the finance on it. ...
  • Assuming the finance company will want there money back from the seller...so the seller is left with no payment nor a car.
  • Happydays3 wrote: »
    Hi
    Just some advice please.
    My husband brought a car on finance..

    Where did they bring it to?
  • They delivered it to our home.
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
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K 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.