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Cooling Off Period with HP vehicle?

lixhul
lixhul Posts: 111 Forumite
Seventh Anniversary 10 Posts
I am due to sign some finance documents tomorrow about a 2017 car I have reserved. They have said that the chips will be refurbished, but it looks like I need to sign the documents before actually viewing the final condition of the car.

This is a walk-in dealership purchase; do I have the typical 14-day cooling off period in case I am not happy with the condition of the vehicle and reject it?

Comments

  • forgotmyname
    forgotmyname Posts: 33,074 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    14 day cooling off for the finance yes. How will you pay for your car if you cancel that?
    Censorship Reigns Supreme in Troll City...

  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    You should sign once your happy with the condition of the car - if they are unwilling to then go and buy a brand new car without chips - you will have a better chance of rejecting it if its not 100% perfect.
  • Oakdene
    Oakdene Posts: 2,560 Forumite
    1,000 Posts Combo Breaker
    You sign the finance documents before you collect the car to ensure that the funds are approved & on the way to the dealership when you collect the car.



    You could ask the dealer to repair the chips, then you inspect them & sign the finance paperwork before collecting the car a few days later.
    Dwy galon, un dyhead,
    Dwy dafod ond un iaith,
    Dwy raff yn cydio’n ddolen,
    Dau enaid ond un taith.
  • Clive_Woody
    Clive_Woody Posts: 5,968 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Personally I would not be signing finance documents on a car I haven't seen or had chance to test drive.
    "We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein
  • bigisi
    bigisi Posts: 925 Forumite
    Personally I would not be signing finance documents on a car I haven't seen or had chance to test drive.

    Who says the OP hasn't seen it or test driven it?
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    bigisi wrote: »
    Who says the OP hasn't seen it or test driven it?

    Probably saw the other thread where the poor sap bought a car on finance they havent seen or test driven and after a few months worked out they didnt like it and wanted to reject it.
  • Clive_Woody
    Clive_Woody Posts: 5,968 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    foxy-stoat wrote: »
    Probably saw the other thread where the poor sap bought a car on finance they havent seen or test driven and after a few months worked out they didnt like it and wanted to reject it.
    Getting my threads mixed up. Thought this was the other guy....I blame the hot weather, my brain has melted
    "We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein
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