📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Voluntary termination of a PCP

Does anyone know if a HP company can enforce an excess mileage clause on a PCP if it is terminated under the half HP price rule (Hire purchase act 1974)?

Comments

  • BenL
    BenL Posts: 3,189 Forumite
    yeah i think so. I haven't got paperwork with me at work for mine with Vauxhall/GMAC but i am pretty sure the early termination section in the terms and cons mentions mileage being pro rata as well
    I beep for Robins - Beep Beep
    & Choo Choo for trains!!
  • PNPSUKNET
    PNPSUKNET Posts: 4,265 Forumite
    I should imagine it would be pro-rata on the millage.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.9K Banking & Borrowing
  • 255K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.4K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 179.1K Life & Family
  • 264K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards
Quick Search

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.