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Voluntary termination of a PCP

bobh2009
bobh2009 Posts: 1 Newbie
in Loans
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.
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