car dealer offered me a deal signed the contract. now he wants to increase the price

AndyMc.....

fireman0170 wrote: »

I didn't see a screen price. the finacal agreement states 9500 inclusive of vat

Really? I’ll leave it with you then.

daveyjp

fireman0170 wrote: »

I didn't see a screen price. the finacal agreement states 9500 inclusive of vat

Vehicle bought on an amount per month.

Bad idea.

Either

pay the extra and learn from the mistake in buying without knowing the screen price

pay and and sue for the extra which will cost money and you may not get money you sue for, or

walk away.

Greta_Sharbo

What have the finance company said?

LABMAN

fireman0170 wrote: »

I didn't see a screen price. the finacal agreement states 9500 inclusive of vat

..and you have proof of that?

neilmcl

fireman0170 wrote: »

I went to car dealer. he agreed to sell me a preregistered van. we agreed a price. at 199 per month no deposit for 5 years and the vans mine. finance agreed contract sign and returned to them via email. time and date agreed to pick up the van. an hour later he emails and says he forgot to add vat and the price has increased by 40 per month. help where do I stand?

A mistake has been made, presumably because like most people the salesman may have initially assumed that you buying a van was a business purchase. Either accept or negotiate the new deal or walk away. The van has not been collected and as yet no monies have been exchanged.

unholyangel

Sounds like a contract has been formed and if so (and also providing the mistake shouldn't have been obvious to you) then its binding on both parties. Check your contract to see if it says anything about when a contract is formed to be on the safe side but if (for example) you had paid by cash and the dealer wouldn't have allowed you to pull out the contract without being liable for their losses then they cannot pull out of the contract without being liable for yours.

Consideration is required to form a binding contract - but it only needs to be something of value, it doesn't need to be adequate. Realising a contract doesn't make you profit/as much profit as you originally thought does not frustrate a contract/give you cause to terminate it without liability.

Supersonos

AndyMc..... wrote: »

So you should have had a price with vat included.

Business or consumer, VAT would still be charged and paid. It's just that the business can claim back the VAT.

Supersonos

AndyMc..... wrote: »

Really? I’ll leave it with you then.

Most Helpful Post Ever Award.

Silvertabby

The dealer made a mistake, but they could take it on the chin in the interests of good customer services.

Some years ago we were made a very good verbal offer of a trade-in value by VW. When we returned to do the paperwork the sales assistant admitted that he had made a mistake with the offer - he'd looked at the wrong line in the book and had quoted the trade-in for a year younger vehicle. However, he admitted that it was his mistake and stood by the original offer.

neilmcl

Supersonos wrote: »

Business or consumer, VAT would still be charged and paid. It's just that the business can claim back the VAT.

He never said otherwise, just simply stated that most products advertised for business use will tend to have sticker prices exclusive of VAT.