Buying a new car on the day through bank car finance

RossGunn_

I am potentially buying a car this Saturday and will be flying 1.5 hours roughly on the day. I have not viewed in person or test drove the car but it looks good from pictures and its only 3 years old. The plan if the car does not have any faults would be to buy the car outright there and drive it home which will take around 10 hours. I am paying £4000 of my own money through selling my old car and have been approved a £10000 car finance from bank of Scotland to pay for the rest. The problem is that the bank can only pay the dealership directly and because I haven't test drove the car I don't want to buy it yet. Also because I am going down on a Saturday and would be purchasing after 12pm the £10000 car finance money would not go into the dealerships account until 8am on the Monday, but the £4000 I could pay with debit card they would get straight away. I am ideally not wanting to have to return again to pick up the car just because they wont have the money on the day but will have proof of the transaction from my side, as I'm far away and work through the week. I will phone the dealership tomorrow when I reserve the car but just wondering if anyone has experienced a situation similar and if it just depends on the dealership. Would it be better to transfer the car finance in the days before as a deposit then allow for that money to be returned if there is an issue? The only way I will not buy the car is if there is a notable performance issue.

KimJongUn88

The dealership absolutely will not let you drive away a £14k car when they’ve only received a £4k payment.

You are living in a dream world.

Herzlos

From experience with BoS car finance, it takes ages to sort. I think it was a day or 2.
And that was midweek, your screwed at the weekend.

The dealership won't let you take the car away without paying, and may not be able to release the car to you on the day you view it either.

If you don't want to make 2 trips, then buy the car now and reject it on Saturday if it's not as described.

RossGunn_

Herzlos said:

From experience with BoS car finance, it takes ages to sort. I think it was a day or 2.
And that was midweek, your screwed at the weekend.

The dealership won't let you take the car away without paying, and may not be able to release the car to you on the day you view it either.

If you don't want to make 2 trips, then buy the car now and reject it on Saturday if it's not as described.

Yeah i did think that other people seem to think it depends on dealership but I wouldn't expect them too, is a lot of money to wait for. Annoying situation will get clarification tomorrow when i phone them. If it has to be 2 trips then so be it i am not in a mental rush 

Herzlos

They are never going to release the car until the money is in their account. If you ask them about it on the phone they'll regard you as a time waster and probably hang up on you.

It's only annoying because you're wanting to buy a car from so far away, and that's just one of the many pitfalls.

Are they part of a chain who could relocate it somewhere near you?

RossGunn_

KimJongUn88 said:

The dealership absolutely will not let you drive away a £14k car when they’ve only received a £4k payment.

You are living in a dream world.

Was simply asking for anyone who has experienced this. I myself don't expect them to let me drive away with the money not with them but i've been told otherwise.

RossGunn_

Herzlos said:

They are never going to release the car until the money is in their account. If you ask them about it on the phone they'll regard you as a time waster and probably hang up on you.

It's only annoying because you're wanting to buy a car from so far away, and that's just one of the many pitfalls.

Are they part of a chain who could relocate it somewhere near you?

Yeah I understand that but i have spoken before and will hopefully have the car reserved for viewing and would be careful with how i come across. It's the Big Motoring Group they are a large chain but all locations are in england anyway and actually the furthest away is easiest to get to flight wise. Delivery could be an option or if they can relocate as you say. I mean two trips is not a disaster just more money for flights etc. 

root

it must be a special or rare car to go to this extent? What is it?

RossGunn_

root said:

it must be a special or rare car to go to this extent? What is it?

Seat Leon fr Technology, its just where i live the market is mental similar car is nearly 2k more expensive up here. So saw a good price on this one and am willing to travel. I mean there are others similar if there is an issue but i would still be travelling a fair distance. Just what you have to do with the way the market is. 

Grumpy_chap

RossGunn_ said:

I am potentially buying a car this Saturday and will be flying 1.5 hours roughly on the day. I have not viewed in person or test drove the car but it looks good from pictures and its only 3 years old. The plan if the car does not have any faults would be to buy the car outright there and drive it home which will take around 10 hours. I am paying £4000 of my own money through selling my old car and have been approved a £10000 car finance from bank of Scotland to pay for the rest. The problem is that the bank can only pay the dealership directly and because I haven't test drove the car I don't want to buy it yet. Also because I am going down on a Saturday and would be purchasing after 12pm the £10000 car finance money would not go into the dealerships account until 8am on the Monday, but the £4000 I could pay with debit card they would get straight away. I am ideally not wanting to have to return again to pick up the car just because they wont have the money on the day but will have proof of the transaction from my side, as I'm far away and work through the week. I will phone the dealership tomorrow when I reserve the car but just wondering if anyone has experienced a situation similar and if it just depends on the dealership. Would it be better to transfer the car finance in the days before as a deposit then allow for that money to be returned if there is an issue? The only way I will not buy the car is if there is a notable performance issue.

What on earth is so special about this £14k 3 yo that makes it worth purchasing from 1.5 hours flight / 10 hours drive back away?  It would have to be exceptionally cheap for the purchase price to justify all that time and cost.

Having invested that time and cost to get to the dealership, the practical option for you to reject the car is very limited.

You may be better off if the Dealer can deliver the car to you.  You'd save the time and cost of getting there and back and would have the enhanced consumer rights of a fully remote purchase (14 days to reject).  Obviously, set that against the cost of delivery and return transport (if required).

k3lvc

It's the Big Motoring Group they are a large chain but all locations are in england anyway and actually the furthest away is easiest to get to flight wise. Delivery could be an option or if they can relocate as you say. I mean two trips is not a disaster just more money for flights etc. 

Please read up a) on Big Motoring World and b) the horror stories of those who've travelled hundreds of miles for that special/bargain car and then realise the mess they're in when things go wrong

If you're convinced by the car you've more rights if you buy remotely and they deliver to you without you having stepped in the showroom. Obviously safer with a main dealer/approved used but if you've a video/pics of the car and asked all the right questions then this'd be bother cheaper than flight/drive and gives you the security that they need to come and collect if it all goes wrong (thought TBH I'm not convinced that 'consumer rights' carry much credence with that particular dealer.