Ending Car lease, advice sort

ILW

Cam see their point, nobody will risk £1500 on you, so why should they?

Are you an Estate Agent?

blacksta

chalkie99 wrote: »

I only see that as one assumption and a very reasonable one too.

What's the answer?

i agree 100% , I once owned a merc believe me i had a plasma , sounds systems, electronic drumset and many other luxurious items to go with my benz

chanz4

As its you that would breach the agreement, they dont have to honour. The secured debt is theirs and unless the bal is paid in full they are under no obligation to lift. I think a judge will be on their side. Trading standards wont be able to help either as the finance company have done nothing wrong

Bollotti

I came on here for some advice not to have assumptions and judgements to be made.

I run a chauffeur business, the car is a business vehicle on lease, read the original post!!!!

Will know better next time.

lawrie28

Bollotti wrote: »

I came on here for some advice not to have assumptions and judgements to be made.

I run a chauffeur business, the car is a business vehicle on lease, read the original post!!!!

Will know better next time.

But you never said that in the first post, just you had the car through the business, making many asusme it ws a company car, not a business generating vehicle.

Have you asked them what the settlement figure is for early return as you have leased the vehicle. Is this what the £19.5k figure is or is that just a balance?

Early return can get you a discount of 50% of the remaing payments.

This is assuming that you have leased the car - contract hire, rather than you saying that you have leased the car when really it is on HP? There is a massive difference in this situation.