New Golf has arrived - now no longer need it!
New Golf has arrived - now no longer need it!
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Discussion

oldmanbm

Original Poster:

497 posts

236 months

Monday 28th December 2009
quotequote all
Impressed as I was by my mum's new 1.6Tdi Golf (66 mpg and £35 road tax) I ordered a new similar car last October (under scrappage). Weeks became months and I finally needed to buy something else. Now the dealer has just rung to tell me I can pick the Golf next week making it a 2010 car (I got the VAT at 15%). Can I just get it home and sell at a significant saving on list price or should I negotiate with the dealer?

baz_4

15 posts

209 months

Tuesday 29th December 2009
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i'm sure it would be best just to sell it on and make your money back..
whats the spec etc? i've heard its a great little engine!

missing the VR6

2,540 posts

220 months

Tuesday 29th December 2009
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So you've already bought a replacement so just cancel the order.

pgilc1

40,169 posts

228 months

Wednesday 30th December 2009
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oldmanbm said:
Impressed as I was by my mum's new 1.6Tdi Golf (66 mpg and £35 road tax) I ordered a new similar car last October (under scrappage). Weeks became months and I finally needed to buy something else. Now the dealer has just rung to tell me I can pick the Golf next week making it a 2010 car (I got the VAT at 15%). Can I just get it home and sell at a significant saving on list price or should I negotiate with the dealer?
Hmm.

I'd be wary of thinking you could sell it on at a profit for several reasons

(a) people spending this amount may well want finance
(b) they may well want to trade in
(c) your significant saving may not be much more than people can negotiate off themselves, so they may prefer to get the exact car they want for just a bit more.

Gren

2,030 posts

283 months

Wednesday 30th December 2009
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missing the VR6 said:
So you've already bought a replacement so just cancel the order.
Exactly what I'd do. All you'd lose is your deposit.

You'd probably lose more trying to sell what would then be a second hand car. As already mentioned people will want new/trade in/finance etc. You'll also have to sort out insurance which will end up costing you a few quid for short term.

missing the VR6

2,540 posts

220 months

Wednesday 30th December 2009
quotequote all
Gren said:
missing the VR6 said:
So you've already bought a replacement so just cancel the order.
Exactly what I'd do. All you'd lose is your deposit.

You'd probably lose more trying to sell what would then be a second hand car. As already mentioned people will want new/trade in/finance etc. You'll also have to sort out insurance which will end up costing you a few quid for short term.
Car dealer has no rights to keep a deposit, and given the circumstances definately no cause to complain if you do ask for it back.

Kevin VRs

13,875 posts

311 months

Wednesday 30th December 2009
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missing the VR6 said:
Gren said:
missing the VR6 said:
So you've already bought a replacement so just cancel the order.
Exactly what I'd do. All you'd lose is your deposit.
Car dealer has no rights to keep a deposit, and given the circumstances definately no cause to complain if you do ask for it back.
Err, what circumstances are those then? I read it as ordered in October delivered in December for January collection. That is two months only, I do not see any grounds for cancellation of order with full money back.

Edited to add, if it was ordered October 2008 then this would be grounds, but I would have expected the OP to cancel the order at the time of buying a replacement.

Can the OP please clarify exactly when the car was ordered?

Edited by Kevin VRs on Wednesday 30th December 09:59

missing the VR6

2,540 posts

220 months

Thursday 31st December 2009
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Kevin VRs said:
missing the VR6 said:
Gren said:
missing the VR6 said:
So you've already bought a replacement so just cancel the order.
Exactly what I'd do. All you'd lose is your deposit.
Car dealer has no rights to keep a deposit, and given the circumstances definately no cause to complain if you do ask for it back.
Err, what circumstances are those then? I read it as ordered in October delivered in December for January collection. That is two months only, I do not see any grounds for cancellation of order with full money back.

Edited to add, if it was ordered October 2008 then this would be grounds, but I would have expected the OP to cancel the order at the time of buying a replacement.

Can the OP please clarify exactly when the car was ordered?

Edited by Kevin VRs on Wednesday 30th December 09:59
The circumstances are irrelevant, legaly the dealer has no right to retain deposits. But if you'd like a circumstance than from what I can deduce from the OP's statement he said weeks became months, so I'd assume they must have stated a few weeks to start with.

Kevin VRs

13,875 posts

311 months

Thursday 31st December 2009
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Since when did a car purchase become exempt from contract law? The only exemption I know about is a house purchase.

missing the VR6

2,540 posts

220 months

Thursday 31st December 2009
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Kevin VRs said:
Since when did a car purchase become exempt from contract law? The only exemption I know about is a house purchase.
As a car salesman all the legal training I've had has always told me that the customer can cancel whenever and for whatever reason he likes and the retailer has to swallow it.

oldmanbm

Original Poster:

497 posts

236 months

Saturday 2nd January 2010
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Under scrappage they collected my old taxed and MOT'd car three months ago and the new Golf was for my wife. Circumstances changed and with a change in my job I got a Mitsubishi which will do me fine. The Golf is a 1.6Tdi in red (90 bhp) 5 door with uprated leather steering wheel etc. Can transfer my old insurance next week when I collect and park in a locked garage. I can pay for it outright and a good friend of mine can arrange finance for any purchaser. Its identical to this one. How long do I need to keep it before selling it under srappage?



Edited by oldmanbm on Saturday 2nd January 22:27

qureshia

4,773 posts

237 months

Saturday 2nd January 2010
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See if you can stall registering it for 7 weeks

Being on a "10" plate will make a reasonable diff on the price you get

Deva Link

26,934 posts

276 months

Saturday 2nd January 2010
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missing the VR6 said:
Kevin VRs said:
Since when did a car purchase become exempt from contract law? The only exemption I know about is a house purchase.
As a car salesman all the legal training I've had has always told me that the customer can cancel whenever and for whatever reason he likes and the retailer has to swallow it.
Astonishing training.

In fact not only can the dealer keep the deposit, but they could also sue for any loss on resale.

R60EST

2,364 posts

213 months

Saturday 2nd January 2010
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The OP's profile suggests he's in Northern Ireland so the '10' plate won't be relevent unless he sells it on the mainland

Rollcage

11,345 posts

223 months

Saturday 2nd January 2010
quotequote all
oldmanbm said:
Under scrappage they collected my old taxed and MOT'd car three months ago and the new Golf was for my wife. Circumstances changed and with a change in my job I got a Mitsubishi which will do me fine. The Golf is a 1.6Tdi in red (90 bhp) 5 door with uprated leather steering wheel etc. Can transfer my old insurance next week when I collect and park in a locked garage. I can pay for it outright and a good friend of mine can arrange finance for any purchaser. Its identical to this one. How long do I need to keep it before selling it under srappage?



Edited by oldmanbm on Saturday 2nd January 22:27
No minimum period.

gizlaroc

17,251 posts

255 months

Sunday 3rd January 2010
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How much deposit did you put down??

I would look at walking away and loosing it if it was less than £2k as you're sure to loose at least that.

Deva Link

26,934 posts

276 months

Sunday 3rd January 2010
quotequote all
gizlaroc said:
How much deposit did you put down??

I would look at walking away and loosing it if it was less than £2k as you're sure to loose at least that.
Presumeably (as he's bought another car) the scrap car was worthless, so he's "losing" the £2K allowance for that if the deal doesn't go through.

oldmanbm

Original Poster:

497 posts

236 months

Sunday 3rd January 2010
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My old car was the deposit and I would have valued it at £200 at most. I will most certainly NOT walk away when I am getting a new Golf Tdi, well kitted out and a service package for three years for the price of a new Fiesta! Will drive home and put on the market when the weather is better. Thanks everyone for your help.

pgilc1

40,169 posts

228 months

Sunday 3rd January 2010
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oldmanbm said:
My old car was the deposit and I would have valued it at £200 at most. I will most certainly NOT walk away when I am getting a new Golf Tdi, well kitted out and a service package for three years for the price of a new Fiesta! Will drive home and put on the market when the weather is better. Thanks everyone for your help.
How much did you end up getting it for?

I'd still be very careful. 3 month old 1.6 TD golfs are always easily available for around £3K off list price from main dealers - who'll be able to offer finance, trade in facilities, etc. Out of 48 1.6TDI's available used, just one is being sold privately and theres good reason for that.

Edited by pgilc1 on Sunday 3rd January 14:56


Edited by pgilc1 on Sunday 3rd January 14:57

pgilc1

40,169 posts

228 months

Sunday 3rd January 2010
quotequote all
pgilc1 said:
oldmanbm said:
My old car was the deposit and I would have valued it at £200 at most. I will most certainly NOT walk away when I am getting a new Golf Tdi, well kitted out and a service package for three years for the price of a new Fiesta! Will drive home and put on the market when the weather is better. Thanks everyone for your help.
How much did you end up getting it for?

I'd still be very careful. 3 month old 1.6 TD golfs are always easily available for around £3K off list price from main dealers - who'll be able to offer finance, trade in facilities, etc. Out of 48 1.6TDI's available used, just one is being sold privately and theres good reason for that.

Edited by pgilc1 on Sunday 3rd January 14:56


Edited by pgilc1 on Sunday 3rd January 14:57
Actually, i'm going to answer that for you for the benefit of the rest of us, saying as you've got a bit 'shirty' because of our unanimous advice to not bother.

A new golf 5 door in red has a list price of £17,155. You added the leather steering wheel at £120, and the servicing pack at £250. You tell us that its 'well kitted out' and has a 'leather steering wheel, etc' so i'm going to assume you put another £500 of extras on it (otherwise its just the standard car wink) That takes the price to £18,000. You then would have got the £3950 off it, taking to back to around £14,000.

You plan on keeping it for three months, then selling it - presumably for a profit.

Well, a two minute search of the main VW site found this 3 month old Golf from a main dealer (who can offer trade in facilities, low rate finance, no risk purchase) with desirable metallic paint for £14,350



I would have little doubt anyone could get £750 off that car, taking the price back to £13,600.

Roll that situation forward three months and there'll be 2010 registered cars available for that price too - often with much less miles than this.

I'm not sure what your unique selling point is going to be that will mean you can get more than a main VW dealer for a similar car? confused



Edited by pgilc1 on Sunday 3rd January 20:14