Just curious about something.
The outstanding finance figure on the vehicle order form only takes into account the Jan payment.
As with the current car I want to get these docs signed this month, cancel the DD due for March and set up the next one for April.
What happens to the payment I made in February - does this adjust the figure on the finance documents I am yet to sign?
Yes, it'll be adjusted if you have a fixed p/x price rather than the dealership promising you the same equity (Benfield/Lookers do this now for PCPers chopping in).
Yes, that's ^^ what I was told. Have to say that a deal of trust is involved in the format of the order form. Your literal interpretation is understandable. How it works came out in my negotiations, as the dealer was struggling to find ways to get me to sign! It's only money!! .... and man maths!!!
Thanks Guys,
Again out of curiosity I've gone through the details of when I ordered my current car (brand new in December 2013)
The vehicle order form dated 3/12/13 gave an outstanding finance figure X which matched the settlement quote from VW Finance dated 28/11/13.
In Feb 2014 I had another settlement quote (when signing the finance docs) which had a lower settlement quote figure. They have used the original figure from 28/11/13 in the final calculation

On the payments statement it showed the last payment as returned yet the figure went out of my bank account and no payment went back in.
I'm confused.