Create a mandatory money protection deposit scheme when buying a used car
National
·25 contributorsThe government to set up a safety deposit scheme for customers who purchase used cars from any dealership. The money should be protected in the scheme during their 30 day right to reject period. The money would then be released after that time to the dealership on the basis no dispute has arisen.
Peter Kyle
Business Secretary
Panel assesses buyer evidence for refunds
Deter cowboy dealers reduce court claims
Government backed escrow release after 30 days
30 day right to reject disputes
Similar motions
Create a mandatory money protection deposit scheme when buying a used car
National
The government to set up a safety deposit scheme for customers who purchase used cars from any dealership. The money should be protected in the scheme during their 30 day right to reject period. The money would then be released after that time to the dealership on the basis no dispute has arisen.
Panel assesses buyer evidence for refunds
Deter cowboy dealers reduce court claims
Government backed escrow release after 30 days
30 day right to reject disputes