I bought a car from a garage and we agreed a 36 month hire purchase.
This car broke down irreparably after 30 months and the garage offered me a "straight swap" with another car.
I agreed .
Then the owner/salesman told me that I needed to sign a form to transfer the new car onto the existing hp agreement.
I did this.(without reading through the contract but assuming it was just a "straight swap"
)
I later got the contract through the post from the finance company and now see that there is a new hp subsequent agreement for the second car where a price is "agreed " for the new car and a trade in value is given for the first car.
I was never verbally informed of these prices before being asked to sign this form.
Is this common example of sharp practice in the motor (or any other) trade?
This car broke down irreparably after 30 months and the garage offered me a "straight swap" with another car.
I agreed .
Then the owner/salesman told me that I needed to sign a form to transfer the new car onto the existing hp agreement.
I did this.(without reading through the contract but assuming it was just a "straight swap"
)
I later got the contract through the post from the finance company and now see that there is a new hp subsequent agreement for the second car where a price is "agreed " for the new car and a trade in value is given for the first car.
I was never verbally informed of these prices before being asked to sign this form.
Is this common example of sharp practice in the motor (or any other) trade?