• 1 Min Read

What is a reservation fee?

What is a reservation fee?

A reservation fee differs from a deposit in that it is a payment that merely secures the vehicle for viewing (to prevent it going to another customer), but does not form a legal contract of sale between you and the seller.

Related Posts
What happens if I have put down a deposit, but the business pulls out of the sale?
  • Deposits
  • 1 Min Read
What happens if I have put down a deposit, but the business pulls out of the sale?
Can I get a deposit refund for a car bought at a distance (i.e. online or over the phone)?
  • Deposits
  • 1 Min Read
Can I get a deposit refund for a car bought at a distance (i.e. online or over the phone)?
What happens if I have put a deposit down to buy a car, and I’m then rejected for finance to make the purchase?
  • Deposits
  • 1 Min Read
What happens if I have put a deposit down to buy a car, and I’m then rejected for finance to make the purchase?