Dealer payment

[Tomfromfife]

Hi,

I have a 2019 RAV4 on the way with delivery in June.

Can I ask, at what stage do you pay the dealer?

i have got to 70 without ever buying a brand new car as I had company cars most of my life, or bought demonstrators or manufacturer management cars.

I guess they won’t register or tax it until they have payment, but I feel uneasy handing over all they money without actually seeing it.

whats your advice ?

Martin

[PeteB]

With my dealer I've always paid any balance on the day I pick the car up using my debit card.  Never had any problems.  Many years ago, the card issuer would phone to ask a few security questions, but the last few went though like I was buying groceries.

When I bought my current car the balance after trade-in and the £500 deposit I'd paid with a credit card was just over £18k.

This time is a bit different; my current car is worth more than the maximum deposit for the 2-year interest free finance so instead of paying my dealer when I collect my shiny new car, they will deposit a substantial sum into my account electronically (always paid cash before since I stopped having company cars, but if it's interest free it might as well be in my bank).

As an aside, when I bought my last new car in 1984 before having company cars for many years the dealer wanted a bankers draft.  I wasn't happy paying the fee for that so said I'd bring a briefcase full of cash, at which point the sales manager decided a cheque would be fine!

[FROSTYBALLS]

Pay the balance when you collect the car. As regards VED, the dealer should register and tax the car on the day of collection using the DVLA database.