cancelling black horse finance

glacto

hi guys well i took finance out on a vehicle about 2 or 3 months ago,
from day 1 i have no end of problems when braking it is pulling into the middle of the road, i had it put on a dyno and the brakes was off by about 20.


so i then gave the dealer a chance to fix it he told me there was nothing up with the brake but he would change one of the calipers i then got it back still pulling to the right when braking.


the dealer has had the quad back about 7 times and i was about about a month for the caliper to be changed. i finally got a engineers report from the garage stating all the faults on it.

the speedo is out by 10mph the brakes are pulling the horn is not working correctly the camber is off i then sent this to black horse and got a response that they waiting for a reply from the dealer i am out raged. i just want to take this back and cancel the agreement what can i do please help

michael1983l

Depends on the type of finance you took out. Is it HP?, personal loan? or loan secured against the vehicle?

glacto

michael1983l wrote: »

Depends on the type of finance you took out. Is it HP?, personal loan? or loan secured against the vehicle?

its a hire purchase loan

michael1983l

Credit
If you buy a vehicle on hire purchase, you have the protection of the Consumer Credit Act 1974 and the Supply of Goods (Implied Terms) Act 1973. The vehicle should still be of satisfactory quality, fit for its purpose, and as described, but it is the finance provider, as owner, that is legally responsible to you as hirer. The normal rules on 'acceptance' (in other words loss of right to reject the vehicle and seek refund) do not apply to hire-purchase or conditional sale agreements and, therefore, you may only lose your right to reject if you are aware of problems with the vehicle but continue to use it. This is a complicated area and you should seek advice from Citizens Advice as soon as possible if you are looking to 'reject' a vehicle under a hire purchase agreement.

http://www.tradingstandards.gov.uk/cgi-bin/brighton-hove/con1item.cgi?file=*ADV0003-1011.txt

I would read the aove link carefully and follow their advice. It is not going to be easy to return the vehicle as they will fight it all the way.

glacto

michael1983l wrote: »

I would read the aove link carefully and follow their advice. It is not going to be easy to return the vehicle as they will fight it all the way.

its new not used does this still apply the same?

R_P_W

It is a brand new car?

Peelerfart

OP said "quad" think it's a quad bike?

glacto

R_P_W wrote: »

It is a brand new car?

its brand new quad 12 grand

michael1983l

I am not sure, it is a very grey area when dealing with vehicles. CAB is certainly your best best.

gb12345

glacto wrote: »

its brand new quad 12 grand

Was this a business transaction?

If you're spending that much on a quad, you are either seriously rich and want a plaything or you're a farmer (or similar).

glacto

gb12345 wrote: »

Was this a business transaction?

If you're spending that much on a quad, you are either seriously rich and want a plaything or you're a farmer (or similar).

if i was rich i would not of got it on finance lol