Car price increase?

MCNAV

Hello, I received a call this week from my dealership informing me that my vehicle has gone up 7.5% and that I will be paying the new price. I have already paid a deposit and have a signed order form with a price on it and was given an approximate delivery date.

Is this allowed? There is no error on anyones part, just I am assuming vehicles are going up in price as we speak. Can I be forced to pay the extra 7.5% if I still want my vehicle?

I can't afford the new price and if I am honest, I don't think it's fair to be forced to withdraw my deposit or pay up. Has anyone heard of this, and does anyone know what happens if I don't agree to the new price but want the vehicle still.

caprikid1

Check the terms and conditions of the order you signed, I am sure the dealer cannot suck a 7.5% increase either.

I suspect there will be a clause that allows them to do this.

Grumpy_chap

Is this a brand new car?
When was the order signed?
When is the delivery due?
Does the order paperwork include anything about price variations between order and delivery?  

What would normally happen is, if you've ordered the car at £xxx and paid deposit and signed the order form and that has been signed by the Dealer, then that is the contract and should be honoured.

MCNAV

I have actually checked the Terms and Conditions and the first clause mentions "the order for sale of a motor vehicle by us (the dealership) at the agreed price.........", which just goes on to mention it's an agreement between both parties. The clause right under this one mentions "... the dealerships legal duty is to provide the Goods as described on the face of the order form to the terms of the contract" but I can't find a clause for inflation adjustments or anything similar.

Yes @Grumpy_chap is it a brand new vehicle, and the order was signed by myself and the dealership when the deposit was taken to put the order in. The delivery date is still a few months away in February. And no, to your last question, nothing that I can see.

And I agree. His wording seemed suspicious to me and he was being very careful with how he worded it, he mentioned I have the right to withdrawn, but not once mentioned if I don't agree to the new price my vehicle would be cancelled on their side. Kept implying a new price, and the ability to withdraw if I wasn't happy.

I sent an email asking him to explain the issue in writing, even though I know the dealership records phone calls.

I appreciate your replies as I felt ambushed and I had a feeling I must have some sort of rights in this situation.

Grumpy_chap

Wait for the next update back from the Dealer.

Then maybe consider a next route along the lines of "thanks for the update and I look forward to delivery in line with the agreed order price and date."

molerat

New car order contracts usually have a mrrp increase clause and likely a walk away clause in that instance.

Keep_pedalling

What make and model is it?

Jaybee_16

When I've bought new cars, the paperwork has stated that liability for any price increase by the manufacturer would be met by the purchaser.
 

TuppenceWorth

Jaybee_16 said:

When I've bought new cars, the paperwork has stated that liability for any price increase by the manufacturer would be met by the purchaser.
 

Very interesting...
Did it also state option for purchaser to pull out in such situations?

MCNAV

Jaybee_16 said:

When I've bought new cars, the paperwork has stated that liability for any price increase by the manufacturer would be met by the purchaser.
 

As far as I can see there is nothing of the such in my contract. If both me and the dealership have signed the contract with the price in it, then as mentioned above I would expect them to honour their side and provide the "goods".

Grumpy_chap said:

Wait for the next update back from the Dealer.

Then maybe consider a next route along the lines of "thanks for the update and I look forward to delivery in line with the agreed order price and date."

I received a reply and it was a jump around with words "As of the new year, every vehicle will find themselves with price increases", "you are not alone", with no answer to my actual question. I think you are right, I will just say I will be expecting my vehicle soon with the already agreed contract information.

motorguy

TuppenceWorth said:

Jaybee_16 said:

When I've bought new cars, the paperwork has stated that liability for any price increase by the manufacturer would be met by the purchaser.
 

Very interesting...
Did it also state option for purchaser to pull out in such situations?

Yes, it does generally.  You will have the option to walk away.