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..
+ Reply to Thread
Results 1 to 5 of 5
07-08-2013 08:48 #1Senior Member
- Join Date
- Sep 2012
Offer to purchase car expired
07-08-2013 08:53 #2
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.
07-08-2013 09:08 #3
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?
07-08-2013 09:11 #4
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
07-08-2013 16:58 #5Senior Member
- Join Date
- Sep 2012
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!!
By onelasttime in forum House & GardensReplies: 3Last Post: 25-07-2013, 20:04
By FearlessLeader in forum General ChatReplies: 57Last Post: 10-04-2013, 06:52
By Pesca77 in forum Product Recommendations & QuestionsReplies: 16Last Post: 25-10-2012, 20:47
Melbourne Natural Medicine ClinicLeading natural health practitioners in fertility, preconception, pregnancy, and children's health. We take an ...
LATESTToilet training: when is the best time to start?Why it is OK for your child to be differentWhat is a blessing way? How is it different to a baby shower?
POPULARWhen can I start giving chores to my children?New baby nursery checklist – a guide to newborn essentialsWhat to pack for labour and hospital – a checklist
FORUMS - chatting now ...
IVF babies due Sep/Oct/Nov 2017pregnancy and babies through IVF
ConfusedConception & Fertility General Chat
IVF babies due March/April/May 2017#2pregnancy and babies through IVF
Same sex parents or parents to be chat!Same Sex Parents
April/May TTC group chatConception & Fertility General Chat
Largest bassinets on market?Pregnancy & Birth General Chat
The Not So Serious Vent Thread #7General Chat
What are our chances??pregnancy and babies through IVF