Create a mandatory money protection deposit scheme when buying a used car

Background

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.

Additional details

Many people experience the turmoil when enforcing their Consumer Rights 30 Day right to reject when a dealership contests the facts. We need a government backed safety deposit scheme for buyers to hold their money, then have it released to the dealership after 30 days. If a dispute arises, the buyers evidence can be assessed by the schemes panel to determine to return the money to the buyer or not. This could deter cowboy dealerships, and reduce stressful court claims.

Where it’s popular

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