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Advice please on when to pay the balance on new car?

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  • Herzlos
    Herzlos Posts: 15,869 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    EssexExile wrote: »
    Don't you trust the dealer? I paid mine a couple of days before to make sure everything went smoothly. It did.


    The risk is what happens if it doesn't go smoothly - say there's something you dislike about the car that needs sorted; I've found it's easier to get it fixed before paying, but reputable dealers may be better for that. Worst case, what happens if the dealer goes bust between payment and collection?
  • TonyMMM
    TonyMMM Posts: 3,423 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 15 March 2019 at 5:11PM
    My dealer said "our preferred payment method is by bank transfer" and they'd like it a couple of days before collecting ..... I just told them I'd be paying by debit card when I picked up the vehicle - they were fine with it, no argument at all.
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