u/WoodPigeon99

Contact Hire Cooling Off Period

Hi, can anyone advise on this issue please ?

I have recently taken out a personal contract hire agreement, signed the agreement with the leasing company and paid them their arrangement fee but not signed the actual finance agreement with the funder.

Been informed the car is ready for delivery and being chased to sign the finance agreement.

However I've seen a better deal on a different car with the same leasing company and asked them if I can swap to the other car.

They have since replied saying yes I can change but will have to pay a % charge of the P11D value £1200 as I am outside of their 14 day colling off period.

Now this charge is stated on the contract i signed with the leasing company but is this legally enforceable from a FCA or BVLA view ?

Would anyone be able to shed any light ?

Thanks

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u/WoodPigeon99 — 1 day ago