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Anyone any thoughts on a dealer upping the deposit?

  • 17-07-2020 11:46am
    #1
    MrStumpy
    Registered Users, Registered Users 2 Posts: 1 ✭


    I'd like to preface this thread, by firstly stating that I registered this account for the sole purpose of some advice on this one.

    Basically, I've reached the end of my PCP, and the time has come to either pay the balance, or upgrade etc.

    Long story short, I opted to upgrade on a really, really nice model that the dealer had. It's 2 year old, with less than 40k on the clock.

    Have here on my phone the figures text to me which includes my deposit, monthly installments, and final payment etc.

    Went in yesterday to have a look, and completely smitten by the car, your man says something about the deposit needed being 750 more than we agreed.

    I assumed, that 750 would be coming off either the final payment, the remainder of the deposit, or monthly installments etc. Paid 750 upfront, with the balance of the deposit to be paid when the car is ready to be collected.

    Only when I got home last night I noticed the paper work was basically the same as already agreed, except for the fact they upped my deposit by €750.

    Final payment remained the same
    Monthly installments remained the same etc etc.

    Rang this morning querying it, he (salesman) said they made an error on the initial quote, something about the mileage.

    I have said that I have his figures in black and white on the quote, and that so far as I'm concerned, that was the deal we agreed upon.

    Am I right or wrong to assume I can stick to my guns on this one?

    I made no mistake, he made me an offer based on

    My Car + 3k deposit, + 36 X monthly installments + final payment.

    So far as I'm concerned, it should now be either

    Surely the balance on the deposit needs to be 2250, out else he needs to take 750 off the final payment due?

    I don't exactly buy a new car every week, but surely I'm right in what I assume?

    Maybe it was a genuine error, and I should just accept it.

    Appreciate your input, even if it is to tell me to suck it up.


Comments

  • #2
    carsfan2
    Registered Users, Registered Users 2 Posts: 3,638 ✭✭✭carsfan2


    Dealer is basically saying your car is worth 750 less as a trade in then he initially valued so for the deal to work your initial deposit is 3750.
    You can either back out of the deal, accept it or maybe tell him you’re feeling upset over the way it was handled and appeal to him to maybe come to a compromise say 375 euro as it’s half way.
    I don’t see any other options to be honest.


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