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Gap Insurance

Hi
Just bought a nearly new car from Audi today and dealer pushed for taking out gap insurance. I did at £349 for 3 years however when I came home realised it was a silly thing to have done. I wish to cancel the policy but the forms say they will charge a £50 administration cancellation fee. Can they do this ? I am within the 4 days acceptance period.

Comments

  • Quentin
    Quentin Posts: 40,405 Forumite
    If you agreed to the ts & cs without reading them who is to blame??
  • csgohan4
    csgohan4 Posts: 10,614
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    edited 13 January 2018 at 9:41AM
    paid 200+ for 5 years from an online company. Never buy extra things from the dealer unless you compared and researched


    Lets hope the T+C have a cooing off period
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • daveyjp
    daveyjp Posts: 14,546
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    If you need GAP reconsider your purchase completely.
  • EmmyLou30
    EmmyLou30 Posts: 599
    Tenth Anniversary 500 Posts
    Forumite
    daveyjp wrote: »
    If you need GAP reconsider your purchase completely.

    Why? Just curious :-)
This discussion has been closed.
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