Ray_li

Hello all

I put a deposit of £500 for a Impreza Turbo MY01 saturday and after a long hard think I have changed my mind about the car.

I was not thinking clearly and jumped into the buy without looking over the car properly and now I think the car has not been looked after.

The seller is trade but works from home. I was thinking of telling him I cant get insured as he knows im only 23 years old and ask him for the deposit back. Would this work?

Does he have to give me the full deposit back or can he keep all of it?

Any ideas?

Ray

Taff107

....sounds to me like the reason why people ask for a deposit in the first place ......

jason4656

i had this issues, depends if u signed something or not? i think if hes a trader, he doesnt have to give u anything, your best bet is the nice approach

Pete The Biker

I agree with Taff..... but you could try Citizens Advice Bureau for proper advice if he won't play ball.

Pete

Silver Knight

Unless you know him shouldnt think you have a cat in hells chance of getting deposit back.
He could even chase you for loss of profit if he doesn't sell it quickly.

TopBanana

You shouldn't hope or expect to get your deposit back. An expensive lesson!

Danny B

You'd be lucky to get half back from a trader, ask him you never know...

jjones

what makes you think that?

if there is a good reason, e.g. the car has been misdavertised then you would be able to get your cash back. if you want a refund simply because you have "cold feet" then you would be very lucky.

Ray_li

Hi guys not cold feet.

Just had a think and I think I can buy better for the money. I have not signed anything and I have a receipt that says i have put a £500 refundable deposit if no service history is provided or car shows finance.

BigRed

My Dad had someone look at his Volvo he was trying to sell, the guy gave him a £200 deposit and then the day before he was due to pick the car up he rang and said that he could not afford the insurance, this guy was a mate of my Dads and let him down badly. My Dad kept the deposit and we have not heard from him since, cost my Dad a lot more to re-advertise the car and keep it insured ETC lost more than 200 quid.

If you put a deposit on a car and then decide not to have it, you can expext to lose the deposit sum.

You said the deposit was refundable so you should get you cash back, specially if it's a dealer/trader.

AndyC_772

iTrader: (2)

If the deposit's only refundable under certain circumstances (you mention service history or outstanding finance), then I'm afraid it looks like you've lost it. Asking nicely never hurts, of course.

On the other hand, that doesn't mean you shouldn't still walk away. I've done that a couple of times - once with a car, where I found a better one after paying the deposit, and once with a flat I was about to rent, when I found an identical one in the same block for less money. In both cases, walking away and losing the deposit was the right thing to do and I don't regret it at all.

billythekid

Legally he can keep your £500.

When I sell a car I always get people to sign a contract so they know they have 28 days to pay and their deposit is 100% not refundable unless it fails HPi check etc.

Ray_li

Im going to ask nicely.

If he says no im going to ask him for the deposit but i'll pay him to re-advertise the car in autotrader and see what he says.
Second option is to buy the car and sell it staright away for the proce I'll be paying for.
Might just trade the car in to subaru for less hassle.

Ray

NM

Try the 'my old man is a solicitor and he says I am entitled to my deposit back' line !

Did you pay the deposit by cheque ?

If so has it been cashed ? If not cancel the cheque !

Dont buy it to sell it on as you may end up loosing more than £500 !!!!

Cheers

Neal

Dark Blue Mark

Dont buy it, to sell it out of sense of duty / guilt! You'll end up in all sorts of bother, Subaru's must be the hardest car to shift at the moment, the markets flooded!

MB

PHILYB

if you haven,t signed anything then u r not tied to the car, tell him that your circumstances hav changed and you can,t afford the car anymore!!

phil

v5 man

iTrader: (4)

haven`t you been looking for some time now? you raised an interest in my bugeye for sale back in November last year!! You`d be a very lucky man to get anything back. if you do though make sure you get out there and find out exactly what your money will buy you.

good luck



Cliff

S.B.

Tyre Kicker

Ray_li

LOL

I got £250 back. Guess its better than buying and selling it on.
Iv been after one for such a long time it affected my judgement and i just wanted to buy a scooby.
I misses told me not to guess i should take notice of her.
I dont blame anyone but myself as i should be thinking straight.

Ray

matty01

You must 'ave kissed *** to get 1/2 back,well done

Ray_li

I wish. he's bigger than me lol. Just tackled the situation with a Professional attitude. never raised my voice or took the ****.
But im gonna bet some guys to rape his @rss

BigRed

Fools rush in