- 5 December 2018 at 6:03 pm #147647
5 days ago I purchased an approved used car over £20k, I wanted £1.5k off the cost, the sales said the only way possible would be to take a minimum £3k finance deal out over 24months, I could get £1.5k from the manufacture, to be honest after reading all the finance details I’m not happy.
We paid via bank transfer over £20k to the dealership, now with this finance we don’t even own the car, I never normally use finance.
It seemed a good deal it would cost us £200 for getting £1.5k reduction.
We drove the car away last week, there is a 14 day cooling off period, after reading various sites, I think we should be able to cancel the finance deal within the finance company, nowhere does it say we will lose the £1.5k if we cancel finance the deal says we can cancel within 14days or pay early.
Is it possible we can cancel the finance & pay off the finance but keep the £1.5k deposit contribution.
- 12 December 2018 at 11:16 am #147982
- 15 December 2018 at 4:16 pm #148160
I cancelled the finance contract & kept the £1.5k.
- 18 December 2018 at 4:41 pm #148356
Great, glad it worked out for you.