Hello
I am after a bit of advice as to where it stands when it comes to buying a car from a large dealership.
I no longer want to carry on with the purchase because i've realised i don't want to pay their HUGE APR!
Upon thinking closely about it this evening i have realised i will be paying back £4,000 on borrowing £8000 with finance. Thats 50% APR?!
I have signed a document at the start which include no prices, no T&Cs, etc
I then signed a document giving permission to do a credit check
And another document which again did not state anything to do with a price.
Am i able to cancel without any hassle as i haven't signed anything about the finance company, a total cost, T&Cs, APR
I have basically signed saying, i want this deal. But haven't agreed complete purchase of the car, nor has anyone gone through total repayment prices with me. Surely thats not legal if they did let me drive away?
Any help please? Getting rather worries as i don't want continuous credit checks declined or anything as my credit rating will drop
I am after a bit of advice as to where it stands when it comes to buying a car from a large dealership.
I no longer want to carry on with the purchase because i've realised i don't want to pay their HUGE APR!
Upon thinking closely about it this evening i have realised i will be paying back £4,000 on borrowing £8000 with finance. Thats 50% APR?!
I have signed a document at the start which include no prices, no T&Cs, etc
I then signed a document giving permission to do a credit check
And another document which again did not state anything to do with a price.
Am i able to cancel without any hassle as i haven't signed anything about the finance company, a total cost, T&Cs, APR
I have basically signed saying, i want this deal. But haven't agreed complete purchase of the car, nor has anyone gone through total repayment prices with me. Surely thats not legal if they did let me drive away?
Any help please? Getting rather worries as i don't want continuous credit checks declined or anything as my credit rating will drop