Quote:
Originally Posted by NH Dan
1) The honda website quotes 7.9% for new cars, not pre reg or used.
|
Yes, but I always thought a new car was just that, I'd never heard of pre-reg as I have never bought a car before
Quote:
Originally Posted by NH Dan
2) PCP or not you should always look at the rates being paid and APR's applicable. More importantly than the APR - take a look at how much you are actually paying, charges etc.
|
I know, usually its in paper form clearly visible, this wasn't, it may have been on the machine but as I wrongly assumed the APR then my fault.
Quote:
Originally Posted by NH Dan
If the dealer can't be bothered to call you back, don't waste time with them, go straight to trading standards etc. You are already 4 days in from when you collected the car.
|
..13.25 phoned dealer, he spoke to me straight away (good start). He checked his e-mail box and said he is going to cancel the original agreement but with a charge of £169, bad news. The car is not new, yes its only done 7 miles on clock but Honda have bought it (pre-reg), they are the first owner and as such and I quote "technically offers on website are out of the window". Now some good news. They are going to buy the car back off me for the original pice and sell it back to me with the £169 added on, and set up a new credit agreement of quote "around 7-8 per cent which will save me two thousand pounds" I did push for an exact figure but he couldn't work it out there and then but will come back to me. He also said when drawing up the new agreement he will make it transparrent.
So all in all good and bad news, the £169 is a blow, its the admin costs for blackhorse I suppose for cancelling the agreement. I did mention that he never gave me any paperwork to which he replied "didn't I" I will try to at least get something else to compensate this £169 because of the lack of paperwork but who knows. I asked about the FSA and he said they all were but thats just for insurance and he never sold me any insurance, and they have an outside company? ITC to which they pay thousands per year.