Used car deposit

islandhoppers · 25-08-2008, 20:40

A mate of mine asked a stealer to hold a used car for him over the phone and he paid a £300 deposit on his credit card. He's changed his mind about the car, because he's seen something else. What are his chances of getting his deposit back? No paperwork has been signed.

tag1_uk · 25-08-2008, 20:59

Talk to the stealer I suppose and if no joy, talk to the card company.

bigal rallyred · 25-08-2008, 22:08

I'd say that unless they informed him that it was non-refundable then he should be fine.
Might be more of an issue if they've held the car for him for a while.

loskie · 25-08-2008, 22:13

A deposit is an entry into a contract with a dealer whether written or verbal it does not matter. I would say he has no right to his deposit back.
Why should he?

big_dave · 25-08-2008, 22:33

Deposits

If you put a deposit on a vehicle and later decide not to buy it, you will not be able to get the money back unless the seller agreed that the deposit was returnable if you changed your mind, for example, after having an independent inspection done. If you change your mind before you get the vehicle, the seller can't force you to buy it.

In England and Wales, for more information about your right to cancel a contract to buy a second hand car from a dealer, see Second hand cars, in Consumer Fact Sheets.

Buying secondhand vehicles

andy2407 · 25-08-2008, 22:59

If the deposit was paid less than 7 days ago he may have rights under the Distance Selling Regulations which entitles him to a "cooling off" period according to....

Buying goods - your rights

loskie · 25-08-2008, 23:04

you're dead right I forgot about that. You have more consumer rights purchasing online, phone or mail order

islandhoppers · 27-08-2008, 20:41

Thanks for the replies. He got his money back.

25-08-2008, 20:40	#1
islandhoppers Briskodian Join Date: Dec 2005 Location: East Midlands Posts: 6 Members Car: Thanks: 0 Thanked 0 Times in 0 Posts	Used car deposit A mate of mine asked a stealer to hold a used car for him over the phone and he paid a £300 deposit on his credit card. He's changed his mind about the car, because he's seen something else. What are his chances of getting his deposit back? No paperwork has been signed.

25-08-2008, 20:59	#2
tag1_uk Briskodian Join Date: Nov 2007 Posts: 166 Members Car: 2002 Skoda Fabia 1.4 16v Comfort Thanks: 14 Thanked 12 Times in 12 Posts	Re: Used car deposit Talk to the stealer I suppose and if no joy, talk to the card company. __________________ 2002 51 plate Skoda Fabia 1.4 16v Comfort, 34k miles. Owned since November 2007 and not proving to be very reliable so far. Wish I'd bought Japanese.

25-08-2008, 22:08	#3
bigal rallyred Briskodian Join Date: Apr 2005 Location: Central belt in Scotland Posts: 866 Members Car: 06 Passat TDI S Thanks: 32 Thanked 48 Times in 46 Posts	Re: Used car deposit I'd say that unless they informed him that it was non-refundable then he should be fine. Might be more of an issue if they've held the car for him for a while.

25-08-2008, 22:13	#4
loskie Briskodian Join Date: Dec 2007 Posts: 381 Members Car: Octavia SLX tdi Estate/Mk3 MX5 2.0 sport Thanks: 10 Thanked 24 Times in 22 Posts	Re: Used car deposit A deposit is an entry into a contract with a dealer whether written or verbal it does not matter. I would say he has no right to his deposit back. Why should he?

25-08-2008, 22:33	#5
big_dave Freeeeeedom Join Date: Nov 2007 Location: Glasgow Posts: 335 Members Car: Fabia vRS Thanks: 49 Thanked 29 Times in 25 Posts	Re: Used car deposit Deposits If you put a deposit on a vehicle and later decide not to buy it, you will not be able to get the money back unless the seller agreed that the deposit was returnable if you changed your mind, for example, after having an independent inspection done. If you change your mind before you get the vehicle, the seller can't force you to buy it. In England and Wales, for more information about your right to cancel a contract to buy a second hand car from a dealer, see Second hand cars, in Consumer Fact Sheets. Buying secondhand vehicles __________________ Powered by BioDiesel (occasionally)

25-08-2008, 22:59	#6
andy2407 Marmite Burner Join Date: Mar 2005 Location: Upper Ramsbottom Posts: 6,486 Members Car: Yellow Fabia vRS Thanks: 92 Thanked 372 Times in 296 Posts	Re: Used car deposit If the deposit was paid less than 7 days ago he may have rights under the Distance Selling Regulations which entitles him to a "cooling off" period according to.... Buying goods - your rights __________________ A yellow Fabia vRS with a little zest of Washbrook added

25-08-2008, 23:04	#7
loskie Briskodian Join Date: Dec 2007 Posts: 381 Members Car: Octavia SLX tdi Estate/Mk3 MX5 2.0 sport Thanks: 10 Thanked 24 Times in 22 Posts	Re: Used car deposit you're dead right I forgot about that. You have more consumer rights purchasing online, phone or mail order

27-08-2008, 20:41	#8
islandhoppers Briskodian Join Date: Dec 2005 Location: East Midlands Posts: 6 Members Car: Thanks: 0 Thanked 0 Times in 0 Posts	Re: Used car deposit Thanks for the replies. He got his money back.

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