GScout

Thanks for that advice and the link - it’s reassuring

Thanks, Yeah, the one we’re actually buying off didn’t mention it - have to read the small print and like you say maybe suggest to finance co want a settlement figure cos May have money in a month and see what they say

Picking up a dealer 2nd hand car this weekend. In process of looking a different dealers member of staff advised if buying putting at least £2500 on HP/PCP to qualify for offer of 24mths instead of basic 12 for warranty and breakdown cover and bonus of 2 services in the 24 mths. When I said it wasn’t worth it for us with finance at almost 9% and interest over £3000 total and would rather pay cash he said if cancel in the 14 day period you’d lose the benefits but if taken out and make the 1st months repayment and then ask finance company for a settlement figure you retain the benefits and they charge no penalty just the interest for the month you’ve had the money pro-rata. Hard to see why they’d allow that but before wading through small print of 5 emailed documents wondering if it is possible and risk free to go past the 14 day cancellation and wait over a month then seek to clear the finance? Anyone got any recent experience of this? Thanks