Deposit on Car, Signed Contract but Havent Done RACV Pre Purchase Check

[Deactivated] on 11/09/2016 - 08:44
Last edited 11/09/2016 - 08:56

Hey guys,
Asking for a mate,
He from a used car yard put down a 500+ deposit, signed the contract, test drove the car, felt and drove good, no visible leaks etc.
After doing this he spoke to someone and they said he should he have done a RACV Pre Inspection check

I dont know much about these, so i thought i would ask here.

1) Legally where does he stand since he signed the contract to say he was buying the car
2) Can he before he pays it in full, get a RACV pre purchase check or is that now null and void
3) RACV pre purchase check or a reliable mechanic (he doenst know whom that would be though)

anything else?

Automotive

Comments

  • supnigs super skids on 11/09/2016 - 08:53

    How much is he buying the car for from the yard?

    • [Deactivated] on 11/09/2016 - 08:55

      7-9k he said, around there, i didnt get the correct figure

  • SnoozeAndLose on 11/09/2016 - 09:02

    Contract is signed so there should be a amount on it and the used car yard rarely let you do a Pre inspection check.

    He shouldn't have to put down $500 to test drive the car, the car will be fine for test drive at least, then may be within months car start to fall apart. <— this is from my own experience.

    $9000 car on display may actually worth as little as $3000-$4000 in auction.

    • [Deactivated] on 11/09/2016 - 09:04

      What do yo mean by there should be a amount on it?
      He test drove it before doing anything, he then said he wanted it and then paid a $500+ deposit

      Do you mean rarely let you do a pre inspection check once the contract is done or do you mean before purchase?

      • SnoozeAndLose on 11/09/2016 - 09:16

        so he signed a contract without a agreed price on it?

        Used car yard salesman unlikely let you do mechanic wise inspection at all, I have not ask if I can ask a mobile mechanic to inspect the car, but they would not let you drive away to get it done else where.

        They would have provide you with the 151 points(unsure about how many points) checks and come with 6 months warranty and reassurance that the car is ok.

        • [Deactivated] on 11/09/2016 - 09:18

          Should i ask where they are getting the RWC done before hand to see if it is one of the accredited places.
          And if he says that it cant go to there factory up on a hoist a mobile mechanic to inspect the car would be the only option from what you said?

        • SnoozeAndLose on 11/09/2016 - 09:21

          @trips:

          That is my experience, Please ask your friend to ask the salesman.
          Losing $100 better than losing $9000. A mobile inspection normally cost $250-$300

  • [Deactivated] on 11/09/2016 - 09:05

    So it states that within 3 business days he has the right to cancel and lose $100.
    So since he got it fri night, should he get a RACV check done mon or tue?

    • Settero on 11/09/2016 - 09:15

      he can do it whenever.
      if we wants to recover that 400$ , then he must do it within 3 business days, good luck organizing that now.
      he can back out of the deal , and unless it says something specifically , all he would lose is the deposit.

  • whooah1979 on 11/09/2016 - 09:12

    He from a used car yard

    .

    What is a used car statutory warranty?
    A licensed motor car trader must provide a statutory warranty if the car:

    is less than 10 years old, and
    has travelled less than 160,000 kilometres.
    Note: the car's age is determined by the date stamped on its build plate, usually found on the firewall between the engine and passenger compartments.

    How long a statutory warranty lasts
    A statutory warranty lasts for three months or 5000 kilometres after purchase, whichever occurs first.

    The trader must repair any faults covered during the warranty period in order to ensure the car is in a reasonable condition for its age.

    https://www.consumer.vic.gov.au/motor-cars/buying-a-used-car…

    • [Deactivated] on 11/09/2016 - 09:15

      the car has done 170k he said so it isnt covered under the used car statutory warranty

      • RockyRaccoon on 11/09/2016 - 09:52
        +1

        What make model and year is the car? With knowing this you can get more info and help from those here.

        On the face of it $9K seems high for a car with 170000Km on it

        Given all the above, it maybe cheaper to forget the $100 rather than pay a lot for a car later on with repairs.

        Keep in mind a used car yard will have to make a few grand on a car it sells just to pay rent/wages.

        In this case there is no warranty, so you aren't getting much benefit from buying from a used car dealer, you also get no warranty from a private seller and you would save a lot more on the price.

        • supnigs super skids on 11/09/2016 - 10:42

          Yep. What car is it?

          If it's a lemon you may want to walk away without the deposit. Get the RACV inspection done to get a better idea. There's cars that are welded together from 2 cars out there too. Resale value isn't that great lol.

  • whooah1979 on 11/09/2016 - 10:13
    +1

    170k is a lot for a dealer vehicle without statutory guarantees. lose the $100 and walk away.

    • [Deactivated] on 11/09/2016 - 10:52

      what does he get tho for around that price.
      Nothing comes close without beeing 2004ish

      • whooah1979 on 11/09/2016 - 10:55

        Nothing comes close without beeing 2004ish

        http://www.carsales.com.au/cars/results?sortby=~Odometer&off…

        • Colombian on 11/09/2016 - 11:13
          +1

          2 Years ago I paid 10k for a Yaris sedan 2006 with 20k on the clock. It was like new. Private sale though.

        • Marcsie on 11/09/2016 - 12:13

          @Colombian: 10K for 8 years old Yaris ???

        • Colombian on 11/09/2016 - 13:53

          @Marcsie:
          Yes, for me it was a good business. I wanted a cheap and reliable car for the long term as I'm making plans to buy a house. The car was like new, the owner was an old lady who had to be taken to a nursing home. It had all the maintenance receipts from Toyota. So far I have had zero issues with the car and the maintenance is also very cheap.
          If you have a look at prices for second hand Yaris, you will see that they are more expensive than other second hand cars of similar features.

  • [Deactivated] on 11/09/2016 - 10:58

    That is a lot of choices haha
    What i meant was he wants a car bigger than an i20 so sedan or hatch but yeah thanks.
    Any recommendations?

  • Mumbles on 11/09/2016 - 11:22

    A pre-purchase vehicle inspection costs about $300:
    http://www.mynrma.com.au/motoring-services/motorserve/car-se…

    I'd just let the friend bite the bullet since he's already gone this far. The friend rushed out and bought the car without consulting anybody first plus has their reasons. eg. really needs a car ASAP.

    Justify it as $$$ versus time. The friend found a car he liked and paid the premium of getting it ASAP.

  • Euphemistic on 11/09/2016 - 15:16
    +1

    What sort of car is it? If it's a reliable brand/model that doesn't have massive parts prices it might be fine. If it's European, rare or known as unreliable it could go horribly wrong and might be better to walk away.

  • robertbruce on 11/09/2016 - 18:12

    .
    if there is finance or loan invovled he could ring the finance company and cancel the application/loan approval..

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