At New Car Deals Ltd, we don't take a deposit from you. In fact, in almost all cases you won't pay your initial payment until you have taken delivery of your vehicle. This is paid directly to the finance company or supplying dealer.
In most cases your initial payment, or deposit, will be taken by direct debit approximately 7-10 days after you have taken delivery of your new vehicle.
Some finance companies require payment of your deposit/initial payment before delivery, after receipt of your finance paperwork. You will be advised of this before ordering, alongside your order form.
In most cases we charge a small administration fee for our vehicle sourcing service. This is to cover our costs of finding you the best possible new car or van deal, and processing your finance application. You can choose to pay this over the phone by debit/credit card or by bank transfer.
REFUND POLICY - If you cancel under the terms of our cancellation policy we will be happy to refund your administration fee in full, and will do so within 14 days using the same means of payment as you used for the initial transaction.
Your monthly payments will be paid directly to the finance company by direct debit, from your nominated bank account on a monthly basis. Your nominated bank account needs to be registered to the person or business named in your finance application.
We pride ourselves on the transparency of our deals and will make sure that you are aware of the total payments before you place an order. All details will be set out in your order form.
Under any regulated agreement you have the right, without giving any reason, to cancel your agreement at any time during the cancellation period. The cancellation period starts on the date you sign your customer order and ends 14 days after this date.
To exercise your right to cancel you must inform us of your decision in a clear statement (e.g. a letter sent by post to the address below). This needs to be sent to us before your cancellation period has expired.
Within 14 days of cancelling your agreement we will refund your administration fee in full using the same means of payment as you used for the initial transaction.
Should there be an increase in funding charges beyond the control of New Car Deals Ltd, you would of course have the option to cancel without penalty and any administration fee charged would be refunded in full.
In the event of cancelling for any reason other than stated, or failing to take delivery within one month of arrival at the dealer (without a pre-agreed arrangement), then the vehicle will be released and you would incur a cancellation fee, equivalent to 3 times the agreed monthly payment plus VAT to New Car Deals Ltd. Any costs incurred by debt collection agents in the course of collection of this sum will also be payable.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
T: 01924 261167
New Car Deals Ltd
Spa Street Works
Registered Office : Spa Street Works, Spa Street, Ossett, West Yorkshire, WF5 0HJ
| Registered in England & Wales with company number : 8091897 | Data Protection No : ZA040448 | VAT No : 136265025 |
New Car Deals Ltd are a credit broker and not a lender. We will introduce you to a limited number of finance providers who may pay us should you choose to enter into an egreement with them. New Car Deals Ltd are authorised and regulated by the Financial Conduct Authority. Registered No : 670807
BVRLA registered number: 2071
Copyright © 2017 New Car Deals Ltd, All rights reserved.