PCH order: How long to sign finance document

[hewy123]

Looking for some advice please.

Have ordered a new car (PCH). Have signed the "authority to order" document and have now been sent the finance contract.

The car is due for delivery in December. I'm just thinking a lot could change in the next 4 months and don't want to commit earlier than I have to.

Do I need to commit to the finance contract now?

[Jamescrs]

Have you not already made a commitment to take the car by signing an authority to order? I would look closely at the terms of that document because you may already have a commitment to take the vehicle, the PCH is the method of you paying for it I would have thought?

Are you thinking that you may decide you don't want the vehicle in the next few months?

[hewy123]

Thanks for replying.

The authority to order document is made to the broker, and doesn't include any cancellation terms. It's a simple 1-page document (unlike the finance agreement)

Chatgpt suggests the finance docs are signed a few weeks before delivery (not 4 months). It's unlikely, but you never know how your circumstances may change and I don't want to unnecessarily commit myself 3 months earlier than I need to.

[Trif]

I cancelled a car before. Factory order (although standard spec) and the final terms and contract document was sent to me when the car was ready for delivery. It had interesting wording around the return of the car which I didn't like the look of and didn't align with previous cars, I queried it and was told take it or leave it, those are the terms. I decided to leave it and even got some of my admin fee back.