Buying a car

hybrid · 12 Apr 2006 at 20:37

Just wonder, say if i was to put a deposit on a car i want, say 100 quid until i get a loan approved etc... how long would they keep the car for? Is there any legal length of time? If the loan fell through, would i get my deposit back?

Seen a car i really like, just i havent got the money in my pocket just yet. Dont want to stick a deposit down on something which could go to someone else, leaving me 100 out of pocket.

cheers

[TW]Fox · 12 Apr 2006 at 20:38

It's entirely up to them.

Firestar_3x · 12 Apr 2006 at 20:38

Usually the deposit is non refundable, what car is it?

hybrid · 12 Apr 2006 at 20:47

Gah, i didnt wanna hear that.

Tis a for a Limited Edition Ford Fiesta 'Black' 1.4

Basically, its my first car and i'd love it. Just i dont wanna stick money down on something i might not be able to finance.

[TW]Fox · 12 Apr 2006 at 21:21

Sorry, but its a Ford Fiesta.

Do not tank yourself up with finance for your first car, and especially not for something like a Fiesta.

Plenty of sound Fiestas around for well under £2k that you can get to grips with motoring with. Then, later on, you can finance something nice.

panthro · 12 Apr 2006 at 21:26

[TW]Fox said:
Sorry, but its a Ford Fiesta.

Do not tank yourself up with finance for your first car, and especially not for something like a Fiesta.

Plenty of sound Fiestas around for well under £2k that you can get to grips with motoring with. Then, later on, you can finance something nice.

agree. dont do it.

TerryWogan · 12 Apr 2006 at 21:31

Have you considered a Vauxhall Corsa? You can get fantastic finance deals on them. They only cripple you for three to four years.

Firestar_3x · 12 Apr 2006 at 21:32

jonarob said:
Have you considered a Vauxhall Corsa? You can get fantastic finance deals on them. They only cripple you for three to four years.

And your left with a car worth nothing and having paid over 11k for it, no thanks its not even a good car.

spaz · 12 Apr 2006 at 21:33

Ey less of the fiesta bashing

Puppetmaster · 12 Apr 2006 at 23:04

the old corsa bashing is happening as well

but you could pick up a fiesta like fox says for under 2k, much better than any finance as you will end up paying to much

can you borrow any off your parents?

Slam62 · 12 Apr 2006 at 23:12

fiestas and corsas are rubbish, buy a bentley gt or an enzo much more fun

Seriously though do not finance your first car, you'll be paying for it for years, get a cheap car untill you're more affluent