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Model specific boards => Golf mk7 => Topic started by: Olifran on 18 June 2017, 20:05

Title: Drive the deal (R)
Post by: Olifran on 18 June 2017, 20:05
Hi
Anyone used DTD to get their car?
Can you take the finance option to get the contribution and then cancel the finance within 14 days?

Thanks

Chris
Title: Re: Drive the deal (R)
Post by: Fewie on 18 June 2017, 20:07
DTD put you in touch with a VW dealer in the south east and the finance is from
VW financial services.  I believe you can pay the car off within 14 days of purchase and collection without penalty or interest but still benefit from the £1k deposit contribution
Title: Re: Drive the deal (R)
Post by: Olifran on 18 June 2017, 20:15
DTD put you in touch with a VW dealer in the south east and the finance is from
VW financial services.  I believe you can pay the car off within 14 days of purchase and collection without penalty or interest but still benefit from the £1k deposit contribution

Thanks. Can you do the deal from a distance and have the car delivered?
Title: Re: Drive the deal (R)
Post by: Arnold_Lane on 18 June 2017, 20:23
DTD put you in touch with a VW dealer in the south east and the finance is from
VW financial services.  I believe you can pay the car off within 14 days of purchase and collection without penalty or interest but still benefit from the £1k deposit contribution

Thanks. Can you do the deal from a distance and have the car delivered?
Yes, but unless you pay extra the car will be driven to your address, not delivered on the back of a transporter.
Title: Re: Drive the deal (R)
Post by: kalimon on 18 June 2017, 20:54
Pick the car up and make a day of it :smiley:
Title: Re: Drive the deal (R)
Post by: wantmygti on 18 June 2017, 21:13
I think DTD prices include driven delivery, but why anyone would do this instead of following Kalimon's advice and making a day of it is beyond me.

I have used them and many friends have, no issues to report.
Title: Re: Drive the deal (R)
Post by: Olifran on 18 June 2017, 21:23
I think DTD prices include driven delivery, but why anyone would do this instead of following Kalimon's advice and making a day of it is beyond me.

I have used them and many friends have, no issues to report.

Do you come clean to the supplying dealer that you have no intention of carrying on the finance and your cancelling the PCP within the 14 days? Or does it not matter?
Title: Re: Drive the deal (R)
Post by: fredgroves on 18 June 2017, 21:28
Nothing to do with the dealer, that's VW Finance's problem.

Don't need to mention it, unless you want to brag about your bank balance :D
Title: Re: Drive the deal (R)
Post by: wantmygti on 18 June 2017, 21:34
I think DTD prices include driven delivery, but why anyone would do this instead of following Kalimon's advice and making a day of it is beyond me.

I have used them and many friends have, no issues to report.

Do you come clean to the supplying dealer that you have no intention of carrying on the finance and your cancelling the PCP within the 14 days? Or does it not matter?

Keep quiet, the finance is with VWFS not the dealer. You won't gain anything by telling them.
Title: Re: Drive the deal (R)
Post by: Olifran on 18 June 2017, 21:43
I think DTD prices include driven delivery, but why anyone would do this instead of following Kalimon's advice and making a day of it is beyond me.

I have used them and many friends have, no issues to report.

Do you come clean to the supplying dealer that you have no intention of carrying on the finance and your cancelling the PCP within the 14 days? Or does it not matter?

Keep quiet, the finance is with VWFS not the dealer. You won't gain anything by telling them.

So when you sign up with the supplying dealer, do you have to negotiate or do they come up with the finance offer? I'm not interested in what it will be as I'm settling.

Sorry for all the noob questions 😁
Title: Re: Drive the deal (R)
Post by: Guzzle on 18 June 2017, 21:46
You can get a finance quote before you commit to anything. No need to negotiate with Drive the Deal or the dealer.
Title: Re: Drive the deal (R)
Post by: Olifran on 18 June 2017, 21:56
Ah ok. Good.
Title: Re: Drive the deal (R)
Post by: wantmygti on 18 June 2017, 22:02
I think DTD prices include driven delivery, but why anyone would do this instead of following Kalimon's advice and making a day of it is beyond me.

I have used them and many friends have, no issues to report.

Do you come clean to the supplying dealer that you have no intention of carrying on the finance and your cancelling the PCP within the 14 days? Or does it not matter?

Keep quiet, the finance is with VWFS not the dealer. You won't gain anything by telling them.

So when you sign up with the supplying dealer, do you have to negotiate or do they come up with the finance offer? I'm not interested in what it will be as I'm settling.

Sorry for all the noob questions 😁

The Dealer you are put in touch with will do a personalised quote for you, just as if you had walked in the front door. The only difference is they will be doing the quotes on the discounted price.
Title: Re: Drive the deal (R)
Post by: Olifran on 18 June 2017, 22:13
Ok. Then I just cancel within the 14 days. How long do you get after that to settle? And are you charged any extra for settling?

I just want to settle on the price quoted on DTD.

Anyone know the current lead times on the mk7.5 R?

Thanks
Title: Re: Drive the deal (R)
Post by: wantmygti on 18 June 2017, 22:17
You'd need to check the terms, I did the same stunt with Ford and I think the charges and interest totalled about £40, I repaid in full after a day and there was no talk of losing the incentive.
Title: Re: Drive the deal (R)
Post by: Fewie on 19 June 2017, 15:30
You aren't cancelling the agreement, you are settling in full immediately after taking delivery of the car.  Just ring up VWFS and pay off the amount owing.

I think there are some admin charges for setting up the finance (check the small print) but nothing too much.  Certainly covered by the £1k saving and more
Title: Re: Drive the deal (R)
Post by: kalimon on 19 June 2017, 16:14
There are no charges and it is perfectly acceptable to do this.
It has been discussed many times on the forum and I did it myself.
When I phoned VWFS to settle in full, I paid them £4.56 in interest :smiley:
Title: Re: Drive the deal (R)
Post by: Olifran on 19 June 2017, 19:51
Thanks for all the responses. So when the supplying dealer phones, shall I just accept any old pcp offer knowing that I'm going to settle up in full shortly after?

Do you need to put down a deposit? And when?

Thanks
Chris
Title: Re: Drive the deal (R)
Post by: Booth11 on 19 June 2017, 19:58
I got my R through DTD (bought outright) and though DTD took card number for deposit, the actual deposit was paid to the dealer (JCB Medway in South East) over the phone.  Aside from a mammoth wait (way back in 2015), the service from DTD and JCB was excellent.  I collected the car but then l only live a few miles away, but if further afield I would have collected the car and sorted a nice journey home as a way to get to know the car.  Good luck with your order.
Title: Re: Drive the deal (R)
Post by: hog_hedge on 19 June 2017, 20:02
You aren't cancelling the agreement, you are settling in full immediately after taking delivery of the car.  Just ring up VWFS and pay off the amount owing.

I think there are some admin charges for setting up the finance (check the small print) but nothing too much.  Certainly covered by the £1k saving and more

You are exercising your right of withdrawal from the finance agreement. The charges are £2.99 per day.
Title: Re: Drive the deal (R)
Post by: Olifran on 19 June 2017, 21:42
Thanks all
So it does it really matter what pcp I sign up to if I'm withdrawing?
When the dealer contacts, what am I best doing?
I have agreed a price fo my GTI privately. And I have my own funds. 

Title: Re: Drive the deal (R)
Post by: Guzzle on 19 June 2017, 22:04
I would get a written quotation for the finance, check that the figures stack up to the on screen quotation for the car i.e. finance quotation total amount payable is new car on screen price plus interest charges. You may also want to check the interest rate is the same as the offer rate quoted on the VW website. If you don't recognise any of the figures on the finance quotation then do not sign it.

Before you let your current car go I would get the dealer to confirm lead time, ideally in writing.
Title: Re: Drive the deal (R)
Post by: Olifran on 20 June 2017, 12:40
DTD spoken to dealer. 12 to 16 week lead time!
Title: Re: Drive the deal (R)
Post by: Tuckerjuk on 20 June 2017, 14:07
I paid my GTI off after 1st payment came off and still got £1000 deposit contribution. If you pay it off within 3 months the dealer takes a bit but I don't know how much so don't tell them 🤣
Title: Re: Drive the deal (R)
Post by: Olifran on 20 June 2017, 16:18
It's the massive lead time now. I've agreed a price for the private sale of my GTI based on 12 week lead time.
Title: Re: Drive the deal (R)
Post by: fredgroves on 20 June 2017, 16:27
I'd say that realistically its 16-26 weeks lead from ordering at the moment....
Title: Re: Drive the deal (R)
Post by: Olifran on 20 June 2017, 16:32
😲☹️🙄

Yet all the dealers on car wow quoting between 12 weeks and 16.
Title: Re: Drive the deal (R)
Post by: Olifran on 20 June 2017, 17:38
How can you get confirmation on the delivery time? Or is there no such thing? I'm not prepared to wait til 2018 for it.
Title: Re: Drive the deal (R)
Post by: fredgroves on 20 June 2017, 18:38
You can't at all. It comes when it comes...
Title: Re: Drive the deal (R)
Post by: JB GTI on 20 June 2017, 22:41
One other thing to you need to consider that could push your delivery back even further is if the supplying dealer has sufficient allocation left to place your order immediately. If they have already ordered up to their limit for the month they won't be able to place another order until they have more unfilled allocation slots available.
Title: Re: Drive the deal (R)
Post by: Olifran on 22 June 2017, 19:17
I'm being assured it's 16 to 18 weeks.
What's the best way of getting a good price for my GTI in that time? What
Do people normally do? Get a dealer to agree on a price in 18 weeks time?
Or do you wing it and hope for the best nearer the time?

Thanks
Title: Re: Drive the deal (R)
Post by: fredgroves on 23 June 2017, 09:29
There is absolutely no way anyone can guarantee that delivery timescale I promise you.

Not even if they are someone who orders cars all of the time - one can take 12 weeks and the next one 24. Its all to do with production planning at the factory.

As for your current car, I'd find somewhere, anywhere to sell it rather than to your supplying dealer. You won't be getting a good deal at all!