Car dealership refuses to take loan from bank as payment

la531983

Muzzip said:

la531983 said:

Muzzip said:

Well slightly disappointed by some comments, any parent still looks out for their child regardless of age and it's his choice what car he want to buy with his earnings, my question was about the legality of the dealer and not my sons life choices or how to parent, waste of time having a forum if it's full of slanted views from behind a keyboard.

Its hardly being a keyboard warrior to point out that you emailing them is pointless, as he is an adult and they can only discuss things with him (in writing)

Thanks for your reply, my email to the company was a general email to sales to ask about their policy not to take 3rd party payments even directly from a high st bank,  this is a general enquiry that anyone can ask and has no bearing on the relationship between the seller and customer as it's a 'policy' question.   I've spoken with Audi main dealer and they take all payments direct from bank where the bank is providing the finance, all main dealership's do this.  The non response from the used dealership only shows that they are only interested in selling cars with finance attached via them, they know that this practice may be legal but is another way of adding profit and commission to the sale of the car, this reduces the free market rights to customers with external and better finance arrangements.  As this is a money saving forum I thought it right to highlight and ask the question is it legal?  The car with a window price of 25k car would cost over 33k using the dealer finance package, needless to say he will not be buying that car nor any car from a dealership who have this restriction. 

I cant think of any specific law it would break, tbh.

As for other peoples comments, I would tend to agree but your son can make his own mistakes with his money I am sure. 

Mildly_Miffed

Muzzip said:

Well slightly disappointed by some comments, any parent still looks out for their child regardless of age

You can give him as much advice as you like at home.

That doesn't alter the fact it would be illegal for the dealer, the FCA, or TS to deal with you directly - unless and until your son gives them his explicit permission in writing. It would be a gross breach of all sorts of privacy legislation.

sheramber

 this is a general enquiry that anyone can ask and has no bearing on the relationship between the seller and customer as it's a 'policy' question. 

They may not wish to reply to you as you are not a customer. They do not need to reply to general emails.

Having it in writing will make no difference. That is a business decision that they have made and are entitled to make.