{"id":76659,"date":"2023-03-16T13:23:26","date_gmt":"2023-03-16T13:23:26","guid":{"rendered":"https:\/\/www.themotorombudsman.org\/knowledge\/what-happens-if-i-have-put-a-deposit-down-to-buy-a-car-and-im-then-rejected-for-finance-to-make-the-purchase\/"},"modified":"2025-03-24T19:06:07","modified_gmt":"2025-03-24T19:06:07","slug":"what-happens-if-i-have-put-a-deposit-down-to-buy-a-car-and-im-then-rejected-for-finance-to-make-the-purchase","status":"publish","type":"knowledge","link":"https:\/\/www.themotorombudsman.org\/knowledge\/what-happens-if-i-have-put-a-deposit-down-to-buy-a-car-and-im-then-rejected-for-finance-to-make-the-purchase\/","title":{"rendered":"What happens if I have put a deposit down to buy a car, and I\u2019m then rejected for finance to make the purchase?"},"content":{"rendered":"

What happens if I have put a deposit down to buy a car, and I\u2019m then rejected for finance to make the purchase?<\/h2>\n\n

If you have paid a deposit prior to any credit assessments for financial products, and it is found that you do not qualify for any financing to help purchase the vehicle, this may not invalidate your contract to purchase the vehicle, meaning the deposit will often be lost unless the terms and conditions state otherwise.<\/p>\n","protected":false},"featured_media":79059,"parent":0,"template":"","meta":{"_acf_changed":false},"knowledge-base-category":[18],"class_list":["post-76659","knowledge","type-knowledge","status-publish","has-post-thumbnail","hentry","knowledge-base-category-deposits"],"acf":[],"yoast_head":"\nWhat happens if I have put a deposit down to buy a car, and I\u2019m then rejected for finance to make the purchase? - The Motor Ombudsman<\/title>\n<meta name=\"description\" content=\"If you have paid a deposit prior to any credit assessments for financial products, and it is found that you do qualify for any financing\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.themotorombudsman.org\/knowledge\/what-happens-if-i-have-put-a-deposit-down-to-buy-a-car-and-im-then-rejected-for-finance-to-make-the-purchase\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What happens if I have put a deposit down to buy a car, and I\u2019m then rejected for finance to make the purchase? 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