Hi all
I have put a 5k deposit down on a new MH they are taking mine in part ex once they have done there checks on it
Mine will not be ready until March so once mine goes as part ex this means they have 5k deposit plus my MH as I don't want to drive it 200 miles home again then back down so the dealer has over 50k deposit off me
WHAT IF THEY GO BUST BEFORE I COLLECT MY NEW VEHICLE
So my plan is this wait while they do inspection of my part ex once happy tell dealer I want to leave my part ex with them then pay the remaining balance by bank transfer then tell them I want a full reciept stating I own the un registered MH I am buying in full and no monies are owing on it and I am now the legal owner not them
What do you think to my plan and what would you do to safe guard the money
I have put a 5k deposit down on a new MH they are taking mine in part ex once they have done there checks on it
Mine will not be ready until March so once mine goes as part ex this means they have 5k deposit plus my MH as I don't want to drive it 200 miles home again then back down so the dealer has over 50k deposit off me
WHAT IF THEY GO BUST BEFORE I COLLECT MY NEW VEHICLE
So my plan is this wait while they do inspection of my part ex once happy tell dealer I want to leave my part ex with them then pay the remaining balance by bank transfer then tell them I want a full reciept stating I own the un registered MH I am buying in full and no monies are owing on it and I am now the legal owner not them
What do you think to my plan and what would you do to safe guard the money