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Cancelling Order.
Craig_d1
 

Posts: 412
Joined: Jul 2011
Location: Surrey
Post: #1
Cancelling Order.

Unfortunately, due to financial reasons, I'm going to have to cancel my order. Bit of a kick in the teeth after having my order in for 4 and a half months with 2 to go, but there you go, I can't do much about it.
I'm hoping that the dealer will give my order to the next in line, but they may try and intice a new order out of someone with the promise of a quick delivery.
Before I cancel though, has anyone heard of any good finance deals? The Land Rover one is c**p. That and them offering me £3k less than the glass's part-ex value on my car(another kick in the teeth)....
26-03-2012 05:48pm
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Straydox
 

Posts: 583
Joined: Nov 2011
Location: Warwick
Post: #2
RE: Cancelling Order.

And what kind of finance were you after? PCP, Personal Contract Hire, Lease purchase??

Delivered 15th May 2012, rejected and returned 4th Feb 2013 - SD4 5 door Prestige manual with a bucket full of rattles Mauritius Blue. Crazy Audi MY2020 RSQ3
26-03-2012 06:04pm
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Craig_d1
 

Posts: 412
Joined: Jul 2011
Location: Surrey
Post: #3
RE: Cancelling Order.

I've never really done finance before, so really don't know much about it. Normally I've saved up for the car, and bought it outright, but can't do that now. I guess I'm looking for the cheapest long term ownership option. Guess I'm clutching at straws a bit here.
Thought lease might be good as it frees up the cash i have in my current car, which I can use to pay the first years lease cost, but thought if I did that, I'd have to reorder the car? or could the lease company use my existing order?
26-03-2012 06:15pm
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XFullFatTim
Bat wielding forum enforcer

Posts: 9,295
Joined: Oct 2010
Location: Somewhere between here and there.
Post: #4
RE: Cancelling Order.

Have you tried speaking to the lease company? They can sometimes be quite imaginative when it comes to loosing a client! Even banks can be quite flexible as I had a major life changing situation just after ordering a TVR in the 1980's and was amazed with the proposal that they made to me to keep me in the car - helped that the Bank Manager was a fully fledged petrol head who owned a 1960's Aston though

A Pangea Green New Defender 110 First Edition is now sitting on my drive alongside British Racing Green Electric Mini Cooper SE Level 3. After 21 years in my hands my TDI300 90 was handed on to the next custodian on 15 July 2022.
(This post was last modified: 26-03-2012 06:34pm by XFullFatTim.)
26-03-2012 06:31pm
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rvsvet
 

Posts: 57
Joined: Feb 2012
Location: South Wales
Post: #5
RE: Cancelling Order.

After allowing for my part ex and the cash I have to put towards the purchase, I expect to be 14,500 short. Other posters here have recommended M&S money, who will offer 6%apr on loans between 7,500 and 15k. £14,500 over 24 months with them will cost me £620 per month. If the supply problems mean that residuals will be sky high in 2 years time, I might swap for a new one then and I hope not to have lost £14,500 in 2 years so the next one should cost me less per month. M&S money also do a car buying plan where a balloon payment at the end of the agreement makes the monthly repayments cheaper

SD4 5 dr Dynamic Auto in OG with verve interior, Shadow Chrome style 7 alloys, Pano roof, privacy glass and spare wheel. Collected 25th May. 900 miles driven in 1st month.
26-03-2012 06:33pm
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Straydox
 

Posts: 583
Joined: Nov 2011
Location: Warwick
Post: #6
RE: Cancelling Order.

(26-03-2012 06:15pm)Craig_d1 Wrote:  I've never really done finance before, so really don't know much about it. Normally I've saved up for the car, and bought it outright, but can't do that now. I guess I'm looking for the cheapest long term ownership option. Guess I'm clutching at straws a bit here.
Thought lease might be good as it frees up the cash i have in my current car, which I can use to pay the first years lease cost, but thought if I did that, I'd have to reorder the car? or could the lease company use my existing order?

We are conditioned to want to own things especially cars outright when in truth they are terrible investments, depreciate rapidly on top of already high running costs.

Landrover do 'Private Contract Hire' so you might want to talk to them about that? Also a leasing company will happily talk to your dealer - its just a unit to them and the leasing company will struggle to get any discount anyway. If you really want to be in an Evoque then there will be a way.

Delivered 15th May 2012, rejected and returned 4th Feb 2013 - SD4 5 door Prestige manual with a bucket full of rattles Mauritius Blue. Crazy Audi MY2020 RSQ3
26-03-2012 06:33pm
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THEMACS
 

Posts: 835
Joined: Sep 2011
Location: North West
Post: #7
RE: Cancelling Order.

(26-03-2012 05:48pm)Craig_d1 Wrote:  Unfortunately, due to financial reasons, I'm going to have to cancel my order. Bit of a kick in the teeth after having my order in for 4 and a half months with 2 to go, but there you go, I can't do much about it.
I'm hoping that the dealer will give my order to the next in line, but they may try and intice a new order out of someone with the promise of a quick delivery.
Before I cancel though, has anyone heard of any good finance deals? The Land Rover one is c**p. That and them offering me £3k less than the glass's part-ex value on my car(another kick in the teeth)....

Sorry to hear this Craig.

Might be best to cancel and sit tight rather than put any undue financial pressure on. Haven't you already had an Evoque and sold it?? If so why do you want another one if the first one didn't tickle your fancy?? Don't mean to seem intrusive by the way so if you think I am being nosey just tell me to sod off!!!

Orkney Grey 5 Door Prestige, Manual SD4, Vibe Interior, Panoramic Roof and Privacy Glass. Order Placed 2/7/11 Picked Up 17/3/12, Gone 10/5/14
26-03-2012 08:24pm
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jrinns
 

Posts: 54
Joined: Sep 2011
Location: North of the Watford Gap
Post: #8
RE: Cancelling Order.

Wife got offered 6.5 santander and 6.9 with lr, took 6.2 in the end with close motor finance who we previously used. This was hire purchase with balloon.
(This post was last modified: 26-03-2012 08:42pm by jrinns.)
26-03-2012 08:41pm
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steviep
 

Posts: 25
Joined: Dec 2011
Location: Coatbridge
Post: #9
RE: Cancelling Order.

We're financing ours through our mortgage, 16 years at roughly £100 a month for £20k on top of my house, obviously I'm looking to pay off in about 4 or 5 years. Dont know what your mortgage situation is like but worth considering.

By my calculations paying off the £20k in 5 years (when my mortgage minimum term is up) will only cost about £2000 in interest, taking out a loan for the £20k would have been about double that and if things change and i cant pay the mortgage any quicker then its only about £7500 interest over 16 years

Pure 2.2TD4 5dr, Orkney Grey (Fog Lights; Front Parking Sensors; Automatic Lights and Automatic Wipers)

Deposit paid: 25 Sept 11
Order date: 28 February 12
At dealers: 17 May 12
Collecting: 21 May 12
26-03-2012 08:44pm
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Daigriff
 

Posts: 655
Joined: Apr 2011
Location: North Wales
Post: #10
RE: Cancelling Order.

Call me old fashioned but if you are considering cancelling due to financial reasons, and also thinking of funding the leasing costs from your current car sale sounds mad to me.

I'd get my finances sorted first and then buy one in the future when you can afford it.

Simples

Arrived 16th December 2011: 5 door Prestige SD4 auto in Barolo black with ambience interior, pano roof, privacy and 20" style 6 alloys.Very Happy
26-03-2012 10:52pm
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