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  1. #1
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    Default Cancelling purchased of new (used) car

    Hi all, hubby left a deposit at the car yard for a 2nd hand car a couple of weeks ago.
    Unfortunately the money we were meant to receive to pay for this new car has fallen through.
    Even though we mentioned this to the salesman (subject to finance) it is not written in the contract.

    So can we terminate the contract? If so, I assume it means we lose the deposit Dh left?
    Im scared to ring car yard guy tomorrow.

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    Default Cancelling purchased of new (used) car

    Which state are you in?

    Some states have no cooling off period in used cars.

    Scroll right down for each state.

    https://www.choice.com.au/transport/...ng-guides/cars

  3. #3
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    Vic
    So what happens now? :-(

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    Unfortunately I think you've lost the deposit.

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    Ok. But we won't be forced to still buy?

  6. #6
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    I really don't think so.

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    Rebecca79  (26-01-2016)

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    when we put a deposit down, the sale was subject to a couple of things. I don't think finance was one of them, but successful inspection of the car we wished to trade in was (it was off for repairs at time of deal).

    but I remember the sales guy saying something that if at any time we wanted to pull out, we could? and not lose the deposit?

    we're in Vic too.

    tbh that's a bit sh.t if you forfeit the deposit.

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    Unless there's (a) a cooling off period or (b) something specific in the contract my advice is you're buying the car.

    Not sure why that seems unfair. You sign a contract and you're expected to complete.

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    alliecat89  (27-01-2016)

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    I just read the rules and it's 1% or $100 of the deposit, whichever is more. so not completely sh.t.

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    Quote Originally Posted by turquoisecoast View Post
    I just read the rules and it's 1% or $100 of the deposit, whichever is more. so not completely sh.t.
    Yes but the cooling off period is only 3 days.


 

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