Goods bought with Catalogue Credit - Ownership?

just.me_3

staffsuk wrote: »

Thanks for the replies

It was bought on a catalogue shopping account on a 'buy it now - pay later' agreement. Would this be classed as HP where the goods would be chased to whoever the new owner might be should the original purchaser default on payment?

No. They will seek payment from the original purchaser. And if it went to a collection agency, they wouldn't know what product it was. It would just be sold as a bad debt for £X from a 'mail order' company.

staffsuk

Thanks to all

I spoke to the catalogue company concerned - and they confirmed that any outstanding debt stays with the customer and is not tied to any goods purchased. Outstanding debts eventually get passed to a debt collection agency who will pursue for payment.

Nasqueron

Don't over pay for this, catalogue shops are rarely, if ever, the cheapest, especially if the device is being paid off over months so the seller might be overvaluing the kit based on how much they think it's worth - anything more than 12-18 months old in PC terms is little more than scrap value in terms of selling on so compare the spec to what you would pay for a new one. Even a 1 year old PC I wouldn't chuck much at (I use PC generically, it should apply to Macs too especially given their inflated price to buy)

staffsuk

Nasqueron wrote: »

Don't over pay for this, catalogue shops are rarely, if ever, the cheapest, especially if the device is being paid off over months so the seller might be overvaluing the kit based on how much they think it's worth - anything more than 12-18 months old in PC terms is little more than scrap value in terms of selling on so compare the spec to what you would pay for a new one. Even a 1 year old PC I wouldn't chuck much at (I use PC generically, it should apply to Macs too especially given their inflated price to buy)

It's OK - I paid less than half the original purchase price 6 months ago - and a little less than current market value. It still has 6 months warranty with Apple - checked against the serial number. So it's all good