Worried information please

[padiham]

Please could any one give me information I visited a car dealership today and I signed foolishly to purchase a second hand car however I got the guy to write on the form subject to congfirmation on 25/01/10 thats tomorrow because the wife had not seen it. On arriving home the wife not very happy and does not like the choice of car.

I know this does not excuse me I had just finished work and was tired and not thinking straight. No money has changed hands either in cash or credit and no date was put on the agreement just mine and the managers signature.

My question is can I cancel the agreement tomorrow.

Thank you for any advice given.

[maroondevo52]

Hello and Welcome, padiham.

I'll move this thread to the appropriate Forum.

Regards.

Scott.

[Conniff]

Sorry there was no reply to your question padiham - how did it go?

[heliosuk]

Isn't there some sort of statutory cooling off period that applies?????

[Conniff]

If it was subject to confirmation and that confirmation didn't come then you should get your deposit returned.

Have you returned to the dealer and said that you don't want it?

[Conniff]

Originally Posted by heliosuk

Isn't there some sort of statutory cooling off period that applies?????

I think that a refusal to refund if it was subject to confirmation would have needed an agreement signed that confirmation must be within a certain period.
If nothing like that was agreed to then he should get a refund when they have been informed that the sale is not going ahead.

[scaniaman]

Since no money changed hands then there should be no problem. You may consider it courteous to phone the dealer and say you won't be confirming the purchase.

[buzby]

On the face of it 'Subject To Confirmation' written by the dealer would be construed as HIS confirmation, not yours. As the arrangement was signed on commercial premises, there is no cooling off period either.

So, in answer to your question, it you are now trying to get out of the agreement you signed, if they agree and cancel - great. If they do not, then your options are very limited, as the agreement will be seen as binding. The fact you paid nothing means you won't lose your deposit, but they could come after you for the difference is cost between what you agreed to pay and what they eventually sell it for.

If you can go there and see the paperwork destroyed in front of you, thew better it will be.

[padiham]

Thanks for taking the time to reply to my question, I did go back to the dealer I saw the salesman and the finace guy. I did not pay a deposit I did not see the paper work destroyed but the saleperson said fine if you would like to come back and look at his other stock when I had time then that be ok.

Once again Thank You steve.

[heliosuk]

Post #1 implies that there might be finance involved so if he dosent sign this then they won't sell the car to him the car obviously. As no money has exchanged then essentially there is contract in place to propose to buy. In essence, most of these contacts have a "force majoure" (or something like that I think) which as I understand it is an act of God. Given that wifey has said no, does this not fall under the same thing as it would in my house.

[padiham]

heliosuk,
Yes you are right there I think wifey created god.