Noonster
Member
Registered: 20th Jul 03
Location: East Yorkshire
User status: Offline
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Thats the one - I knew it was something like that
Only thing is I dont know if it counts when the cars moddified...... I rang once and they said it was but the person I spoke to seemed DIM!!!
Will it??
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sassyminx
Member
Registered: 10th Jan 04
Location: Hartlepool Drives: Cossie
User status: Offline
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not too sure u best off checking wi em, im sure it would be ok tho as long as u informed em????
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LiviLion
Member
Registered: 10th Feb 03
Location: Glenrothes, Fife
User status: Offline
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One thing about car HP though.
As long as you have made half the repayments you can return it at no cost to the finance company (read the agreement they all say this).
So long as the car is in the condition you would expect for the age of it you won't need to pay anything. If it's wrecked you would need to pay to restore it to a suitable condition.
Lots of people taking out 5 year deals to have low monthly repayments and after 2.5 years handing it back to the finance company.
Doesn't make sense to do this but if your outstanding finance is more than the car is worth it's an easy way to get out of it.
NOTE: Only applies to HP against a car. doesn't apply to bank loans.
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