In reply to FesteringSore:
> On Monday I put down a £200 deposit on a used car and told the dealer that it would be up to ten days before I could pay the balance. I notice that, on the dealer's web site, it's still listed as "for sale". Surely, if a deposit has been paid, the vehicle should no longer be listed.
Legally, the car is sold when you both complete the terms of the contract. At the moment, you have entered a legally binding contract to buy the car, and they must sell it to you. You haven't bought it yet.
Under most contracts, it becomes your property when you have paid the money and they transfer ownership. They could, if they wanted, sell it to someone else in the meantime, but would have to compensate you for any losses from them not meeting the contract.
I personally wouldn't care too much if the car was still listed. Websites can take a while to update, and I would understand them not wanting to risk a sale if for some reason I didn't pay the balance.
Post edited at 09:49