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  • FIRST POST
    • fireman0170
    • By fireman0170 5th Jan 18, 8:09 PM
    • 6Posts
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    fireman0170
    car dealer offered me a deal signed the contract. now he wants to increase the price
    • #1
    • 5th Jan 18, 8:09 PM
    car dealer offered me a deal signed the contract. now he wants to increase the price 5th Jan 18 at 8:09 PM
    I went to car dealer. he agreed to sell me a preregistered van. we agreed a price. at 199 per month no deposit for 5 years and the vans mine. finance agreed contract sign and returned to them via email. time and date agreed to pick up the van. an hour later he emails and says he forgot to add vat and the price has increased by 40 per month. help where do I stand?
Page 2
    • neilmcl
    • By neilmcl 7th Jan 18, 1:10 PM
    • 11,082 Posts
    • 7,908 Thanks
    neilmcl
    Business or consumer, VAT would still be charged and paid. It's just that the business can claim back the VAT.
    Originally posted by Supersonos
    He never said otherwise, just simply stated that most products advertised for business use will tend to have sticker prices exclusive of VAT.
    • motorguy
    • By motorguy 7th Jan 18, 1:28 PM
    • 16,745 Posts
    • 9,927 Thanks
    motorguy
    The dealer made a mistake, but they could take it on the chin in the interests of good customer services.

    Some years ago we were made a very good verbal offer of a trade-in value by VW. When we returned to do the paperwork the sales assistant admitted that he had made a mistake with the offer - he'd looked at the wrong line in the book and had quoted the trade-in for a year younger vehicle. However, he admitted that it was his mistake and stood by the original offer.
    Originally posted by Silvertabby
    40 * 12 * 5 = 2,400.

    Not a mission the dealer will take that on the chin. Chances are they're netting a few hundred profit on the deal tops as is.
    "We have normality. I repeat, we have normality. Anything you still can't cope with is therefore your own problem."
    • motorguy
    • By motorguy 7th Jan 18, 1:29 PM
    • 16,745 Posts
    • 9,927 Thanks
    motorguy
    What have the finance company said?
    Originally posted by Greta Sharbo
    Whats the relevance?

    The price for the van was wrong in the first instance.
    "We have normality. I repeat, we have normality. Anything you still can't cope with is therefore your own problem."
    • motorguy
    • By motorguy 7th Jan 18, 1:32 PM
    • 16,745 Posts
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    motorguy
    A mistake has been made, presumably because like most people the salesman may have initially assumed that you buying a van was a business purchase. Either accept or negotiate the new deal or walk away. The van has not been collected and as yet no monies have been exchanged.
    Originally posted by neilmcl
    Thats the bottom line.

    I'd be very surprised if in the contract to supply, that there isnt a get out clause for the dealer. They'd be very dim not to have one.
    "We have normality. I repeat, we have normality. Anything you still can't cope with is therefore your own problem."
    • Silvertabby
    • By Silvertabby 7th Jan 18, 2:09 PM
    • 2,844 Posts
    • 4,060 Thanks
    Silvertabby
    !!!8220; The dealer made a mistake, but they could take it on the chin in the interests of good customer services.

    Some years ago we were made a very good verbal offer of a trade-in value by VW. When we returned to do the paperwork the sales assistant admitted that he had made a mistake with the offer - he'd looked at the wrong line in the book and had quoted the trade-in for a year younger vehicle. However, he admitted that it was his mistake and stood by the original offer.
    Originally posted by Silvertabby !!!8221;
    40 * 12 * 5 = 2,400.

    Not a mission the dealer will take that on the chin. Chances are they're netting a few hundred profit on the deal tops as is. Posted by motorguy
    Dug out the paperwork out of curiosity - it was longer than I thought (15 years ago) and the difference was 800. The new car we were buying was about the 5th the we had bought from them - so perhaps they didn't want to upset us!
    Last edited by Silvertabby; 07-01-2018 at 2:12 PM.
    • motorguy
    • By motorguy 7th Jan 18, 2:14 PM
    • 16,745 Posts
    • 9,927 Thanks
    motorguy
    Dug out the paperwork out of curiosity - it was longer than I thought (15 years ago) and the difference was just under 1K. The new car we were buying was about the 5th the we had bought from them - so perhaps they didn't want to upset us!
    Originally posted by Silvertabby
    There was much more profit in new cars back then - these days prices are cut to the bone to get people in through the door, and dont forget also he didnt give you 1,000 discount extra off your new car, he just valued your trade in wrong. He still got all his profit on your new car.

    Typically theres 2,000-3,000 gross profit in a used car resale (theres more profit typically in used cars than there is these days in new ones) so i'm sure he got out at the other end okay
    "We have normality. I repeat, we have normality. Anything you still can't cope with is therefore your own problem."
    • unholyangel
    • By unholyangel 7th Jan 18, 3:25 PM
    • 12,417 Posts
    • 9,715 Thanks
    unholyangel
    Thats the bottom line.

    I'd be very surprised if in the contract to supply, that there isnt a get out clause for the dealer. They'd be very dim not to have one.
    Originally posted by motorguy
    To the contrary, they'd be very dim to have such a clause because it would never be enforceable in law.

    As I said before, if a contract has been formed then it is binding on both parties. Once a contract has been formed, it can only be invalidated/void for a very limited number of circumstances. One of these is unilateral mistake - a mistake made by 1 party and the other party was aware of the mistake/should have been aware of the mistake (ie a shop pricing a tv at 50 instead of 500 - although in the case of madbid tv, they regularly sold tv's at such a low price therefore their misprice was not found to be a unilateral mistake and the contract was enforceable).

    Also as before, realising a contract isn't profitable/isn't as profitable is not valid grounds to terminate a contract.

    Businesses are expected to do due diligence. The time for examining their profit margin was before agreeing to the sale - not after.
    Money doesn't solve poverty.....it creates it.
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