Rob R
Member
I ordered my car and paid £2000 deposit, on top of £1000 reservation fee, before applying for EST loan. Loan was approved for full £35,000, and when I got my final invoice I sent that to EST as the last of the (many) pieces of paperwork they ask for. Loan was paid a little under 2 weeks later. I now have my car.Hi
Can you explain your comments on the EST? I applied after I paid for the deposit which is how I read the information attached to the loan form advising me on the loan. I thought that, as long as I didn’t pay any more I’d be fine. I’ve just had my invoice today but I don’t yet have confirmation of my EST loan.
I suspect that provided you still need to pay at least the amount of the loan sought, you will have no problems. Certainly the order deposit is not an issue.