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What happens when a part-exchange goes bad?

Marc Abbott, 27 November 2009 15:57

What happens if you agree a part-exchange deal that means you are going to get some money back, with the details written down and a £100 deposit taken, but then the dealer decides they have overvalued the part-exchange and you have to pay them money to complete the deal? You might think you can go ahead with the sale under ...

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Legal obligations with deposits

Anonymous, 19 June 2009 17:03

A deposit is a payment made when you have the intention of buying goods or a service. When you pay a deposit a contract is created between you and the supplier so you should be clear about your obligations, for example, when and how much each payment is. On their part the supplier should make it clear when they will ...

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