Lease purchase
Posted: Wed Oct 24, 2018 12:04 pm
Moaning...………………….. but a bit late now but be warned.
I checked online for lease deals and one company NATIONWIDE came out well.
I started the process and agreed terms paying up front an admin fee, all well and good.
Now I knew it was going to take some time to be built, in my case ordered end of April expected due date early December.
I got several no change notes then I got one that gave me 17th October followed by 10th October.
That turned to be the day it arrived and was road registered. Yippee, well no not really as now all the financial documents had to be passed by the finance company then from their acceptance a 14 day cooling off period must run because my lease is classed as a distance sale.
So I wait 6 month for delivery, they then need to review the paperwork, then the 14 days has to run.
This seems silly as if I now reject it they will have a car built to my spec, sitting on their books, why this couldn't have been done during the 6 month build period amazes me.
To make things worse they have asked for some additional paperwork from the sales team and nobody can confirm if/when the 14 day period started. It could have started on the 10th but it may not have but nobody knows.
So me the customer is left feeling p****d.
So be warned it seems if you lease online you will have to wait for the vehicle to be registered before the 14 day cooling of periods starts.
I may well write to Volvo.
Best
I checked online for lease deals and one company NATIONWIDE came out well.
I started the process and agreed terms paying up front an admin fee, all well and good.
Now I knew it was going to take some time to be built, in my case ordered end of April expected due date early December.
I got several no change notes then I got one that gave me 17th October followed by 10th October.
That turned to be the day it arrived and was road registered. Yippee, well no not really as now all the financial documents had to be passed by the finance company then from their acceptance a 14 day cooling off period must run because my lease is classed as a distance sale.
So I wait 6 month for delivery, they then need to review the paperwork, then the 14 days has to run.
This seems silly as if I now reject it they will have a car built to my spec, sitting on their books, why this couldn't have been done during the 6 month build period amazes me.
To make things worse they have asked for some additional paperwork from the sales team and nobody can confirm if/when the 14 day period started. It could have started on the 10th but it may not have but nobody knows.
So me the customer is left feeling p****d.
So be warned it seems if you lease online you will have to wait for the vehicle to be registered before the 14 day cooling of periods starts.
I may well write to Volvo.
Best