Car listed at wrong price - any entitlement?

[KhabibSmesh]

I've seen a car on an approved dealers site that is clearly undervalued. If I put a deposit down are they under any legal obligation to sell?

I assume not and they have a loophole out of such issues. Thought it is worth asking!

Thanks

[sunbeam alpine]

Not sure on the legal aspects, but are you sure it's a genuine site?

Watch out - there are a lot of scam sites out there - they're just after the dposit money.

[Nickp82]

Most dealer order forms will have an 'order subject to management approval' type clause in their terms and conditions so if they have fooked up they can withdraw from the deal.

Also, If the car is advertised at a lower price than it should be they do not have to sell the car at that price, it just needs to be withdrawn from sale for a day or two and then re-advertised correctly.

[KhabibSmesh]

Thanks for clarifying everyone. As suspected it doesn't seem worth following it up.

Funnily enough when I thought about putting a deposit down Google warned me saying it wasn't a trusted site. Common sense prevailed and I thought I would avoid it.

[NickGRhodes]

anonymous said:

[redacted]

Correct, usually the contract/receipt that you SHOULD get with a deposit state terms to an agreement of price to sell, but there will be allowances for errors and omissions such as mis-priced, damaged or missing goods.

[Gliese]

It wasn't a 320i was it?

[Pistonheader101]

Nope

[SpamDisco]

The price advertised is known as an "invitation to treat” and can be changed or withdrawn.

[NickGRhodes]

SpamDisco said:

The price advertised is known as an "invitation to treat” and can be changed or withdrawn.

"invitation to treat” to only relevant to advertised price prior to any contract to sell being made and the Consumer Protection Act of 1987 makes it a criminal offence to give consumers a misleading price indication.
Once a deposit is put down (as the OP suggest they would do), then a contract is formed to sell at the advertised or otherwise agreed price.

Edited by NickGRhodes on Thursday 24th May 10:49

[jamei303]

NickGRhodes said:

"invitation to treat” to only relevant to advertised price prior to any contract to sell being made and the Consumer Protection Act of 1987 makes it a criminal offence to give consumers a misleading price indication.
Once a deposit is put down (as the OP suggest they would do), then a contract is formed to sell at the advertised or otherwise agreed price.

Edited by NickGRhodes on Thursday 24th May 10:49

That was repealed by The Consumer Protection from Unfair Trading Regulations 2008

[KhabibSmesh]

Gliese said:

It wasn't a 320i was it?

It was yes, shadowline for £15k, 17 plate

[NickGRhodes]

jamei303 said:

That was repealed by The Consumer Protection from Unfair Trading Regulations 2008

Doh, yes - covered under misleading pricing.