We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Hire Purchase Agreements - HELP!
Options
domward223
Posts: 3 Newbie
in Loans
Hi Everyone
I bought a second hand care on Hire Purchase from a dealership last May - the car worked fine for the first few months but recently the engine warning light has been coming on loads, when i take it back to the dealership they can't find a problem with it. But it has been coming on more and more.
The finance is with Mini - Does anyone know of how many tips to get out of the HCP due to the car been faulty?
Thanks
I bought a second hand care on Hire Purchase from a dealership last May - the car worked fine for the first few months but recently the engine warning light has been coming on loads, when i take it back to the dealership they can't find a problem with it. But it has been coming on more and more.
The finance is with Mini - Does anyone know of how many tips to get out of the HCP due to the car been faulty?
Thanks
0
Comments
-
Just because the engine warning light comes on does not actually mean there is a fault it's a warning there may be a problem but it's not definite. If the car has been diagnostically checked and no issues shown it may not be anything serious.
If your not happy take it elsewhere for a second opinion.
You won't get out of your HP because of that. The only way would be to sell the car and pay of the finance but the likelihood is you may not sell it for as much as you need to pay the finance off.0 -
Most peoples response to a faulty car is to get it repaired, not to 'get out' of their finance agreement.
Take it to another garage next time the light comes on. A diagnosis check is cheap and should confirm the problem, then take it back to the garage. Contact trading standards if you think they are treating you unfairly.
Either way you are stuck with your finance.£1000 Emergency fund No90 £1000/1000
LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
!0 -
A light comes on and you don't want to pay your loan?
I've heard it all now.0 -
Sounds like a plan.PeacefulWaters wrote: »A light comes on and you don't want to pay your loan?
I've heard it all now.I can afford anything that I want.
Just so long as I don't want much.0 -
Just quote "not fit for purpose" "un-useable" "not roadworthy" "dangerous" to the dealer and wait for the compensation cheque to come flooding in."Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!0
-
bet its the co2 sensor, give it a blast down the motorway to clear itDon't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
-
Probably missold.PeacefulWaters wrote: »A light comes on and you don't want to pay your loan?
I've heard it all now."We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards