all about car finance?
i just want to know when you get a car on finance and they say yes to you having the car can they say no after or is yes the final answer.
Public Comments
- Saying it does not count. Putting it in writing and signing makes the deal. And even there you have to read carefully. Stuff like "conditional upon..." can still give them room to back out.
- Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool - carinsurance.yoll.net
- I presume you mean can the finance company say no after they have said yes. They can this normally happens if 1) it is discovered that fraud has been committed or 2) incorrect information has been given ie wrong date of birth and when the correct information is applied to your application it brings out a different credit score. 3) some finance companies may retract there offer if they find out you do not hold a valid uk/eu driving licence and/or a passport. hope this helps
- It all depends, in which context have they said yes. If they said yes in principal but after a full credit check have now said no, they can do that. If you sigend a finance agreement then no they cant say no.
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