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Re: cancelling finance agreement before 1st Sept
There is 3 things here, the old finance agreement, the new finance agreement and the new car order.
New Finance Agreement:
If you have signed this, on trade premises then there is usually no cooling off period (as the sales advisor and business manager are present to answer any queries). If you want out of it (before making any payment towards it at all!) then you need to contact Renault finance and hope for the best.
Old Finance Agreement:
Once 50% of the total amount payable is met (not 50% of the calendar contract) the vehicle can be returned to the finance company as part of your consumer right (assuming its a regulated finance agreement, which it 99% likely will be). Beware doing this though, because although it is your consumer right to do so, they don't always like it..and may decide not to give you car loans in the future.
This one is the deposit you have paid to order the new car. In pretty much every case, this is the dealer's discretion if they refund you or not. In reality, they don't _have_ to refund you, but in most cases they will...*unless* they are financially committed to the new car.
The become financially committed once they tax it...so if they've taxed and PDId your new car, don't expect the dealer to be forthcoming with your deposit.
Hope this helps
Currently in dcr226's garage:
2007 Grand Scenic II 1.5 dCi