Withdraw from Audi finance

[Petrolpete123]

Hi All,

I have read loads of threads on this and the general theme is it can be done but just want to check.

I am about to buy a used Audi A4.
I will receive a 'finance deposit allowance' of £500, 1 'major service' and 1 'inspection service free with Audi finance hire purchase'
I have written this word for word as shown on the order form.

1, If I 'Withdraw' within 14 days of signing the finance agreement will I have to pay back the £500 allowance and lose the servicing?
2, Should I make 1 payment and then 'Settle' the finance to keep the allowance and servicing?

Thank you for reading

[Petrolpete123]

Ok, the advice I'm getting here is different to what I have read else where! I have read that I should 'withdraw' within 14 days and would keep all the benefits....

Any other comments?

[Petrolpete123]

Silverage, that's good to hear.

It would seem that the best course of action is to contact Audi Finance within the 14 day cooling of period. I would assume that they could confirm if I would be able to keep the deposit contribution and servicing!?

[Petrolpete123]

OK, to bring this thread up to date.

I asked my dealer! Yes, that's right I asked their finance guy straight out what would happen, would I lose the servicing and would I have to pay back the incentive. His reply was 'no' I keep the servicing and the deposit incentive. He actually advised me that even if I didn't withdraw, that if possible, I should end the agreement early!! Bit surprised by his open and matter of fact attitude but perhaps it's the law and he has to.

So, I rang Audi/VW finance and I asked them the same question and received the same response. The servicing and deposit contribution are nothing to do with the finance agreement. They gave me a 'withdraw' figure and I paid it straight away.

I guess the only thing I might lose is 'goodwill' from the dealer. In my experience that doesn't exist so I'm not overly concerned by that.