Black Horse Finance - Getting out of agreement?

Phoenix79_2

oscar52 wrote:

Verbal contracts are still legally binding - the difficulty is proving them. On the other hand can BH prove it wasnt made

Can BH prove that they never told the OP that the moon was made of cheese?! As the famous saying goes - "Verbal contracts aren't worth the paper they're written on"! You need something in writing from BH that proves what the salesman said or you are going to lose the battle.

As stated before, you can only surrender the car (assuming its a CCA reg agreement) if you have paid half of the financed amount. You can agree that BH can repo the car now and sell it but you will be liable for any shortfall on the sale.

rog2

I feel really sorry for you - I found Black Horse the most difficult people in the world to deal with - I had car finance with them, and rang for help when I started having problems - I had paid, regularly, for two years and was told that my agreement was 'unregulated' which meant (their words) I had 'No Rights at all' :mad:
They made my life hell, for over six months, taking almost every last penny I had. Finally, and un-announced, they sent a 'thug' to 'repossess' the car.
They sold the car three months later - then started pursuing me for a £1700 'shortfall'. By that time I had found this forum and was a little wiser.
They did not get their £1,700.
I wish you better luck than I had in dealing with these 'unhearing villains'.