Some advice please from those recently taken delivery of their GTS 4.0.
My new car has passed stage 4 and is therefore built and presumably ‘on its way’ to the UK.
My dealer rang me a couple of weeks ago and asked if I could pay for the car before end December. I said very clearly that I would pay for it if it had arrived at dealer and I could see it, which I thought was reasonable?
I now suspect it’s not arriving before end December as I have had an email from my dealer asking as follows (note that the ‘Bill and Hold’ process was never discussed with me before)
Further to our conversation, here is a quick email that explains the Bill and Hold process.
Effectively, the bits and pieces that we require are as follows.
- Full payment for the vehicle before the 31st of December (ideally as soon as possible to avoid any Christmas Banking issues)
- A signed Bill and Hold Letter
- A copy of an insurance document that shows the Cayman is fully insured as of the 31st of December.
IS THIS REASONABLE?
Surely I shouldn’t have to pay until it arrives at the dealer?
Am I better to pay in case there is another price rise?
Is the money not better sat in my account earning interest until car delivered?
Why would I have to insure it when it hasn’t even arrived?
Have I signed something at some point that refers to the bill and hold process, I’ll have to check this?
Is the dealer just trying to hit end of year sales forecast/target?
I would be really interested in any experiences of this.
I’m sceptical of their motive but maybe it’s normal practice?
Any advice really appreciated as I will have to respond on Wednesday this week.
My new car has passed stage 4 and is therefore built and presumably ‘on its way’ to the UK.
My dealer rang me a couple of weeks ago and asked if I could pay for the car before end December. I said very clearly that I would pay for it if it had arrived at dealer and I could see it, which I thought was reasonable?
I now suspect it’s not arriving before end December as I have had an email from my dealer asking as follows (note that the ‘Bill and Hold’ process was never discussed with me before)
Further to our conversation, here is a quick email that explains the Bill and Hold process.
Effectively, the bits and pieces that we require are as follows.
- Full payment for the vehicle before the 31st of December (ideally as soon as possible to avoid any Christmas Banking issues)
- A signed Bill and Hold Letter
- A copy of an insurance document that shows the Cayman is fully insured as of the 31st of December.
IS THIS REASONABLE?
Surely I shouldn’t have to pay until it arrives at the dealer?
Am I better to pay in case there is another price rise?
Is the money not better sat in my account earning interest until car delivered?
Why would I have to insure it when it hasn’t even arrived?
Have I signed something at some point that refers to the bill and hold process, I’ll have to check this?
Is the dealer just trying to hit end of year sales forecast/target?
I would be really interested in any experiences of this.
I’m sceptical of their motive but maybe it’s normal practice?
Any advice really appreciated as I will have to respond on Wednesday this week.