We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Distance buying motorbike deposit question

meat_n2_reg
Posts: 311 Forumite


in Motoring
Hello
I put a £200 deposit 10 days ago on a new motorbike I had seen on a dealers website via phone call
I have found out today I am a risk of being made redundant .....
Am I entitled to a refund for my deposit if I cancel my order ?
Many thanks
I put a £200 deposit 10 days ago on a new motorbike I had seen on a dealers website via phone call
I have found out today I am a risk of being made redundant .....

Am I entitled to a refund for my deposit if I cancel my order ?
Many thanks
0
Comments
-
Have you spoken the the dealer?
Will be in the T/C of the deposit.Life in the slow lane0 -
If it's distance buying, you can cancel for any reason or none from placing the order up to 14 days after delivery.0
-
meat_n2_reg said:Hello
I put a £200 deposit 10 days ago on a new motorbike I had seen on a dealers website via phone call
I have found out today I am a risk of being made redundant .....
Am I entitled to a refund for my deposit if I cancel my order ?
Many thanks0 -
born_again said:Have you spoken the the dealer?
Will be in the T/C of the deposit.0 -
Is the deposit still refundable if it was to reserve the 'bike for the OP (ie withdrawing it from sale to others) rather than a down payment on the purchase price? I'm curious to know.0
-
Yes it is.2
-
So in these circumstances (off-premises sale) a seller would be daft to accept a "deposit" to reserve something for a buyer and to withdraw it from sale? It would all be refundable if cancelled by the purchaser within 14 days?
(I'm not suggesting that in this case the OP paid a deposit to the seller to withdraw it from sale, I'm curious to know what the situation would be if they did)0 -
Manxman_in_exile said:So in these circumstances (off-premises sale) a seller would be daft to accept a "deposit" to reserve something for a buyer and to withdraw it from sale? It would all be refundable if cancelled by the purchaser within 14 days?
(I'm not suggesting that in this case the OP paid a deposit to the seller to withdraw it from sale, I'm curious to know what the situation would be if they did)
At least if a customer pays a deposit you'd be guaranteed that you would hear from them again, even if it is just to cancel, whereas no deposit would mean a lot of potential time wasting.1 -
Does the dealer normally allow transactions to complete remotely? (They may have a website as an advertising medium, but if they don't normally allow remote transactions then [I think] there's an exception to the cancellation rule in the CCRs).
Unlikely to apply in this case, but it should be noted for completeness.Jenni x0 -
Jenni_D said:Does the dealer normally allow transactions to complete remotely? (They may have a website as an advertising medium, but if they don't normally allow remote transactions then [I think] there's an exception to the cancellation rule in the CCRs).
Unlikely to apply in this case, but it should be noted for completeness.1
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.1K Banking & Borrowing
- 252.8K Reduce Debt & Boost Income
- 453.1K Spending & Discounts
- 243.1K Work, Benefits & Business
- 597.4K Mortgages, Homes & Bills
- 176.5K Life & Family
- 256K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards