+ Reply to Thread
Results 1 to 5 of 5
  1. #1
    Join Date
    Sep 2012
    Posts
    1,245
    Thanks
    20
    Thanked
    272
    Reviews
    0
    Achievements:Topaz Star - 500 posts

    Default Offer to purchase car expired

    My dh signed an offer to purchase a car in June. Subject to finance.
    Finance has taken a while and still not all through but it has been approved but just haven't got the money yet. On the car paperwork it says finance to be sorted no later than 26th June. Now it's August!!so does that mean the contract is now void? Dh now sees a diff car he likes so hoping its easy to get out deposit back and just say finance still hasn't come through so we are canning wanting the car..

  2. #2
    Join Date
    Oct 2011
    Location
    Gold Coast, QLD
    Posts
    3,725
    Thanks
    1,431
    Thanked
    1,176
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    If it says finance by 26 June then yes that's grounds to get your deposit back. You don't even need to say finance hasn't gone through.

  3. #3
    Join Date
    Aug 2011
    Posts
    1,943
    Thanks
    1,160
    Thanked
    959
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Awards:
    Funniest Caption
    If it says subject to finance approval on the contract you may need to prove that finance did not get approved. It really depends on the dealer. Have they tried making contact?

  4. #4
    Join Date
    Aug 2011
    Posts
    1,943
    Thanks
    1,160
    Thanked
    959
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Awards:
    Funniest Caption
    It would also depend on the state you are in and if the car has been in stock for that time. If in stock and the dealer has been holding it for you then it may be grounds for them to hold onto the deposit and they would have missed opportunities to sell and also the car sits on their floor plan accruing a cost against the car

  5. #5
    Join Date
    Sep 2012
    Posts
    1,245
    Thanks
    20
    Thanked
    272
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Thanks guys. Luckily this other car was sold! So we will be going ahead. I have contacted the dealership and they were holding the car for us pending the finance even though its been so long. Just had noticed this morning that its well expired!!


 

Similar Threads

  1. Purchase new house with tenants
    By onelasttime in forum House & Gardens
    Replies: 3
    Last Post: 25-07-2013, 21:04
  2. Best purchase, ever?
    By FearlessLeader in forum General Chat
    Replies: 57
    Last Post: 10-04-2013, 07:52
  3. Bugaboo Donkey purchase
    By Pesca77 in forum Product Recommendations & Questions
    Replies: 16
    Last Post: 25-10-2012, 20:47

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
sales & new stuffsee all
Carmel's Beauty Secrets
7 Day Nail Growth Boosting Method Carmel's Beauty Secrets
The Nail Growth Boosting Method, will help transform your nails in just 7 days. You will also notice a big difference in their strength. It's so easy and only needs to be performed once a month.
Get your Nail Growth Boosting Method at the link below.
featured supporter
L'il Aussie Prems Foundation
An Australian charity supporting families of premature babies & children. The charity assists families who are at high risk of giving birth prematurely, who have babies currently in hospital and families with toddlers who were born too soon.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!