Deposit

Lehar20 · 08-05-2023 8:47pm #1

I paid a deposit on a new Hilux at the beginning of the year. The dealer has now come back saying because the vehicle will not be ready until the 2nd half of the year the manufacturer is increasing the price by €3400. Can anyone advise if by paying the deposit made my contract legally binding? Does the trader have to stick to the original quote?

TIA

Neilw · 08-05-2023 8:53pm

No chance of getting it at the original price. Dealer may discount very slightly or throw in something.

Look at it this way, if you back out he will sell the car to another person in no time.

standardg60 · 08-05-2023 8:58pm

Do you have the original price minus deposit and balance due in writing?

Then it's a contract, unless the t&cs say otherwise.

Lehar20 · 09-05-2023 12:16am

Yes have it in writing and also signed the original quote. The new quote has small print stating the price is subject to change but haven’t signed off on this one.

gary550 · 09-05-2023 12:23am

Dealer recently honoured my pricing despite an increase, same spec was near 2k dearer the following week of placing a deposit. In fact they never mentioned anything at all about the price increasing, or interest rate either which was also given at the lower rate as agreed at time of deposit despite it being higher for months before I took delivery.

I'd push it, if you put a deposit on an agreed price and spec I can't see them being able to just increase the price at will.

R.O.R · 10-05-2023 2:35pm

The dealer is selling the car, but they don't set the pricing, so there should be something in the small print saying the price is subject to change pending any manufacturer price increase or Government price changes.

Some manufacturers hold pricing based on when the vehicle was ordered. Some manufacturers will increase the pricing based on what week the vehicle was built, and some manufacturers will increase their prices based on the date of registration.

Toyota are one where the retail price of the vehicle depends on what it is when the vehicle is registered.

It's a total nightmare at the moment, as we've some vehicles turning up that were ordered early 2022 and not only keep that retail price, but discounts and supports that were in place at the time - good for customers who waited, but if they order something new the same day they get the ordered vehicle, there can be a €10,000 + cost difference!