It's capped at £30k, so very little use on any new Mog
Perhaps I've misunderstood - the email I had this afternoon from MMC tells me that the deposit on a new Plus Six is £12,500 so the £30K protection is more than adequate surely?
Ian IIRC, it covers total purchase between £1 to £30k, so if the total contract between buyer & seller exceeds that, then none is protected - these things are usually written with wriggle room for the financial institutions
Some reputable Dealers will put your deposit money in a sub account, so that if they go pop & the receiver piles in & puts 'we now own this' stickers on everything you have a chance of getting it back
