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PCP Cool down period

just wounding i got a PCP contract and wounding when does cool down start when i get the car or signd the last document or the first and i use my car as a down payment would i get it back if i cancels with in the cool down period

Comments

  • neilmcl
    neilmcl Posts: 19,460 Forumite
    First Anniversary Name Dropper First Post
    The 14 day cooling off period starts the day you sign the finance agreement, which usually should be the day you collect your car.

    Cancelling the agreement only stops the finance you are still committed to buying the car so it'll be up to the dealer whether they'll let you back out of the sale and return your part-exchange vehicle.
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    First Anniversary Name Dropper First Post
    You are in luck, as you have just signed the paperwork you should still have a copy for you to read - not sure why you wouldnt read it before you signed so you knew what you are signing up to but hey ho.
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