Consumer Sales Law - underpriced item

nfollows1982

New Member
Dec 7, 2009
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Hello,

I am in the process of buying a used car and I would like to know where I stand regarding an error that has been made on the initial sales agreement.

The car value is £4895.00.

Part Exchange (Old Car) is £600.00.
Deposit Paid is £900.00.

So £4895.00 – (£600+£900) leaves a balance to pay of £3395.00.

However, when the garage issued me a sales agreement setting out the above financial terms, they have mistakenly listed the balance to pay at £3195.00 (so obviously £200.00 in my favour).

I have not mentioned this to the garage (obviously!!) and I have gone away to sort out the finances on the balance to be paid at the end of the week.

What I would like to know is, at what point does that figure of £3195.00 become legally binding?

If they were to realise the mistake during the course of the week are they entitled to rectify it before I collect the car?

Also, if I make the assumption that they are expecting £3195.00 and go to the garage to pay this balance on Friday, and they then realise their mistake, am I in a position to argue that the mistake is theirs and therefore I am not liable to pay the additional money. (i.e play dumb and say i didnt realise and I've only got £3195.00 to settle the balance)

Thanks very much in anticipation of your help.
 

Eagle

New Member
Jan 8, 2010
3
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It would (unfortunately) probably be regarded as fraud (in the criminal sense) regardless of the effect or non-effect of the contract.