Hi Guys,
Well long story short, I'm on an apprenticeship and was hoping to take delivery of an RS3 at the end when I go up to full salary. Right now, I wouldn't pass a credit check because my salary is considerably lower than it will be in 12 months time.
My dealer has agreed to not follow normal protocol and run a check before the build gets locked in, but requires a 10% deposit or the total cost of options as a deposit.. Whichever is higher. 10% will be £5200, options will total £12,000.
Then if the finance fell through, they would refund this in full. I don't see this risk being worth £11,000? They want to perform a check before the build gets locked in so they can change the build to their desired spec if it didn't work out. So either way they will want to sell the car, but to give me the deposit back in full regardless I can't see their gain in such a large sum. I only want to put a £4,000 deposit down on the PCP anyway, the sum they have come up with is ridiculous.
I'm curious how your dealers have dealt with this? The closer a check can be carried out to the delivery date the better, as then my £20k sportback will be cleared off my file and my salary will be over twice what it is now. If it means I have to travel to find a dealer who will do this, that's what it will have to be.
Matt.
Well long story short, I'm on an apprenticeship and was hoping to take delivery of an RS3 at the end when I go up to full salary. Right now, I wouldn't pass a credit check because my salary is considerably lower than it will be in 12 months time.
My dealer has agreed to not follow normal protocol and run a check before the build gets locked in, but requires a 10% deposit or the total cost of options as a deposit.. Whichever is higher. 10% will be £5200, options will total £12,000.
Then if the finance fell through, they would refund this in full. I don't see this risk being worth £11,000? They want to perform a check before the build gets locked in so they can change the build to their desired spec if it didn't work out. So either way they will want to sell the car, but to give me the deposit back in full regardless I can't see their gain in such a large sum. I only want to put a £4,000 deposit down on the PCP anyway, the sum they have come up with is ridiculous.
I'm curious how your dealers have dealt with this? The closer a check can be carried out to the delivery date the better, as then my £20k sportback will be cleared off my file and my salary will be over twice what it is now. If it means I have to travel to find a dealer who will do this, that's what it will have to be.
Matt.