What makes you think there would be a law that requires this? What legal principle in general?

I know there are some kind of protections for consumers regarding the price of goods. It's not that I purchased an obsolete model... Now if I want to sell it I have to pay extra to the finance company to make up for the difference.

Thanks I don’t know UK law. In the US it is common for cars to go on clearance sales at the end of a model year.

You can ask for compensation. The dealer will think you must be an alien. He will not give you compensation.

You were never able to sell it for what you paid for it. A used motorcycle sells for less than an otherwise identical new motorcycle.

If the price for some reason went up by 15%, would you expect the dealership to call you and ask for another £1000?

Your bike's value may well have depreciated by that much anyway.

The rule is that the price will drop. Never buy new.

I work for a company that sells products. Sometimes we put the products on special. We inevitably get 1 or 2 customers demanding a refund for the difference between what they paid a week ago and the sale price today. We just laugh incredulously at the nerve of these customers and then politely tell them no. It's honestly quite ridiculous to expect compensation for a price change at some later date, and speaks to the incredible sense of entitlement some people have.

@Clonkex depends on your returns policy. My company will provide a store credit for the difference up to 14 days after purchase, it keeps customers happy and prevents stupid returns just to save a bit of money.

Does this answer your question? Does the US Consumer Law entitle buyers to refunds for future price reductions?

@Clonkex there are stores that allow rebuys at discounted price: support.steampowered.com/kb_article.php?ref=4873-QOSK-5126#s‌​ale

@Mazura - He's leasing. Getting a new vehicle will often get a far better deal than trying to buy a used bike outright or via finance

The bike, according to the finance calculation, should now be worth £3500. But because Honda dropped the price that specific model is now worth only £2500.

@algiogia Just out of interest... who would you expect this compensation to come from? Honda? The dealer? The finance company?

Not sure how many more ways you can be told no. It’s not going to happen.

@Clonkex And then those people return the product and buy another one, right?

Is it reasonable that if they decide to raise the price of a product that they get compensation from you because of a bad deal? You bought it because you decided it was worth the price then, so if you feel cheated then you did an incorrect analysis at the time. (Of course I understand it feels bad, but one year is quite a long time)

Judging on the enthusiasm people are jumping at me I must infer you are all sellers here 😆

@Clonkex: Would be interesting to know what company you work for, such that I can avoid it. Asking for compensation on expensive products just 1 or 2 weeks after purchase is not something I expect any sane person to laugh about. And just as an aside: Where I live I can just return everything bought in the internet and get my money back for 14 days.

@algiogia don't take it personally - your question is on the Hot Network Questions sidebar, which is basically an invitation for the whole world to come along and jeer.

No offense, algiogia, but you're asking this on Law without actually posing a related legal dilemma. There's no legal basis for anyone to be required to offer you a related "refund": since you asked on Law, that's the angle most answers are approaching this from, and I think that's why you're seeing such hard pushback and mismatch in contexts. At the same time, you're certainly legally allowed to ask for things like refunds/etc. This might have gotten you a better reception on Personal Finance & Money. @Kichi's answer here offers some good advice in that vein.

@AaronF Yay! I am now a famous bad customer!

@taswyn There was a disclaimer at the beginning of the question asking if this was the right place but somebody removed it.