Attn Car Salesmen, Max deposit allowed ?

[B16JUS]

Hi

Ive currently got a car no finance etc looking to change new car is more money but to get on finance the px price of my car will be over the max deposit allowed ?

Whats that all about ? Do i presume if i go ahead with it i will get a cheque back from the dealer

Never heard of a max deposit before

J

[LHD]

B16JUS said:

Hi

Ive currently got a car no finance etc looking to change new car is more money but to get on finance the px price of my car will be over the max deposit allowed ?

Whats that all about ? Do i presume if i go ahead with it i will get a cheque back from the dealer

Never heard of a max deposit before

J

If it's a PCP then there will be a maximum deposit (30-40% normally)

You'll get cashback for the difference.

HTH.

[Axionknight]

B16JUS said:

Hi


Whats that all about ? Do i presume if i go ahead with it i will get a cheque back from the dealer

I hope so, unless you like giving money away?