agreed a deal on a new frv two weeks ago using my 206 as part ex.
as you might know i have no longer got that car to part ex anymore.
the car has arived at the dealers so i phoned up to sort out payment and cplection of the car.
the dealer says its a bit of a problem as the part ex was sold on so i said the cash difference can be made up but he said he would have to ask his boss to sort it out.
i have an idea he is going to hit me for more money even though it will be an all cash sale.

an advice on where i stand or what i should do.if i pull out of the deal i will lose my deposit.



life sucks.

p.s. my gap isurance says it is paid to the peugeot dealers.whats all that about?

 

I think that he is bullshitting you.

I wouldn't expect to pay any more case you didn't have the trade in.

If they had given you a *very* good price for the trade in I would expect to have to pay less for the FRV without the trade in.

 

You should not need to pay any more for the car than the original asking price - but you maybe could be hit with a claim for his loss of profit on the trade in. Ask to see the order and transaction details in respect of the trade in onward sale.

I would suspect that he has flogged it on to another dealer at LESS than he was giving you for it which is what often happens and he would cover the difference from his profit on the new car. Dealers don't like trade ins and usual "trade" them on.

 

sounds like an excuse to squeeze a bit more out of you!

 

By "sold on", he'll mean he's agreed a price with another dealer or is banking on