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Car loan after payments...advice please!!?
oinkbubbadoo
Posts: 6 Forumite
in Loans
Hi. My husband bought a van from Peugeot in 2006. He paid a deposit and then had finance on it through them . He finished paying it off in 2009 with a balloon payment for the balance. Since then however, they have been billing him for £106 every May. We have so far paid it but it does seem unfair that he has owned it outright for 5 years yet we are still giving them money each year! When we queried it they said that he had signed up for this when he took out the finance (unfortunately, we cannot find the paperwork) If he sold the car to me (but he was insured on it, not me) would that get us out of the payments. Please help!! As my 95 year old Grandad always says "it's better in your pocket than theirs" Thankyou for any advice.
Never play leapfrog with a unicorn........
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Write to them with a subject access request for a copy of the finance documents. Will cost you £10."Facism arrives as your friend. It will restore your honour, make you feel proud, protect your house, give you a job, clean up the neighbourhood, remind you of how great you once were, clear out the venal and the corrupt, remove anything you feel is unlike you... [it] doesn't walk in saying, "our programme means militias, mass imprisonments, transportations, war and persecution."0
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Thanks Gaz. Do you know if he sold the car to me we could get out of it that way?Never play leapfrog with a unicorn........0
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