Should I be aware of any exceptions or limitations that might apply to the cooling-off period for car finance?

While the 14-day cooling-off period offers protection for car finance agreements, there are a few exceptions to be aware of:

Agreements Not Covered:

• Face-to-Face Sales: If the car finance agreement was arranged in person at a dealership showroom, rather than remotely (phone or online), the cooling-off period might not apply.

Exceptions and Limitations:

• Early Car Collection: If you specifically request early delivery of the car before the cooling-off period ends, you might waive your cancellation rights. Always double-check the terms before agreeing to early delivery.
• Using the Car Extensively: During the cooling-off period, you're expected to take reasonable care of the car. If you drive it excessively, the dealership might charge a fee to cover depreciation.

Here's How Reclaimingcarfinance.co.uk Can Help:

We can't offer financial advice.

We Recommend:

• For a definitive answer on whether your specific car finance agreement qualifies for the cooling-off period, consider seeking free guidance from Citizens Advice:
• Citizens Advice

Remember:

• The cooling-off period generally applies to remote car finance agreements (phone or online).
• Early car collection or excessive mileage during this period could limit your cancellation rights.
• If unsure about your rights, seek free advice from Citizens Advice.

Understanding these exceptions empowers you to make informed decisions and potentially avoid unwanted financial commitments.