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 Refund for booking fee problem

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mini orchard
post Mar 27 2021, 11:36 AM

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QUOTE(Zoo Howl @ Mar 27 2021, 01:41 AM)
Hi guys,

My parent decided to buy a new car for themselves, i am their guarantor. We placed a booking fee to the dealer after test drove it. It is a national car brand. Then, after waiting close to a week without any result, my folks decided to change their mind and buy another brand, national brand also.

Contacted the salesman, requested him to cancel the booking. He asks why, we said we wanted to change to another brand. He gives tons of reasons saying his brand better than that brand bla bla. He asks us to wait few more days then will get to know loan results, no need so troublesome change brand and apply all over again and etc. At that time, we were convinced by him. 2 days later, we really decided 100% not to choose his brand but buy another brand. Again, contacted him, he convinced us dont change brand and something along the line. This time, second time, we ask for cancel and request for refund, he change the topic. Never ending changing topic

Even contacted his branch, i think is the office person picked up, we asked for cancellation, but we were told to deal with the sales person himself.... damn. Really no way to bypass him

Now want to apply with another brand also headache. Because he keep on acts on his own, according to him, he will apply with other bank. If like that its bad, affect scoring for future application. He seems like trying to trap us and make us no way out and to choose to buy from him

How to deal with such case & get back by booking fee without going through him? Anybody had the same encounter?
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What is the TnC stated in the booking form for a refund ?


mini orchard
post Mar 27 2021, 12:12 PM

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QUOTE(Zoo Howl @ Mar 27 2021, 11:52 AM)
Nothing mention about the refund
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Write a formal letter to the branch manager to cancel the booking. Have it acknowledged and follow up from there. No point calling them and have it official in b&w.

BTW, your next loan .. the next salesman need to submit the loan application again. You cant transfer ftom the 'old' submission as finance commission is paid to the dealer who submit the application.

This post has been edited by mini orchard: Mar 27 2021, 12:15 PM
mini orchard
post Mar 27 2021, 01:06 PM

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QUOTE(Zoo Howl @ Mar 27 2021, 12:56 PM)
Yes.... sadly cant transfer thats is why i am worry my next submission will be rejected because of previous one applying at a few banks
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Shouldnt have any problem with your next loan. If the bank ask why, just tell them you cancelled the earlier purchase. Since no money is disbursed, your credit rating is not affected ... there are many would be borrowers cancelled loan due to various reasons.
mini orchard
post Mar 27 2021, 02:37 PM

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No wonder some people got scammed for bank loans they never took when bank officers are 'allowed' to change the particulars in the loan application form instead of submitting a new application.

 

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