Hi
I have recently agreed to trade in my old car for a new one and as part of the agreement the dealership agreed to settle my outstanding finance on my old car and work it into the finance agreement.
All of the paperwork has been signed and since the deal was originally agreed I have paid to payments which would have meant that the dealership would have over settled my old finance and the company would have refunded the difference.
However, the dealership has obtained a new settlement figure and paid less than the amount agreement.
So basically,a settlement figure of £7,324,11 was written into my finance agreement but the dealership has only paid £6,890.77 as a result of the new settlement figure they obtained two months after getting the first settlement figure they have based the deal on.
There’s £434.11 owed to me somewhere, presumably by the dealership?