Car finance from 2002 PPI

wee_katie

Hi I am looking for a bit of advice, my husband bought a car on finance when he was 21 , he was mis sold ppi as he was told he would only get the finance if he took the ppi, well a few months later he lost his job, he tried to claim on the insurance but our lawyer told us he couldn't, the car Got repossessed and sold and we were left with the balance to pay which we have been paying in instalments since then. The garage he got the car from has now closed down, the finance company is also no longer running it was on:line finance but they are part of gmc

I was wondering if he could claim on the ppi and if so who would he claim from?

I would be grateful for any advice please

Thanks

dunstonh

he tried to claim on the insurance but our lawyer told us he couldn't

Why was a lawyer involved? Most people claim via the insurance company.
What was the reason why he couldnt claim (it can be quoted as a reason for complaint)

I was wondering if he could claim on the ppi and if so who would he claim from?

if you mean claim then it is possible the insurance company would consider a claim but it is unlikely seeing as it was 13 years ago.

if you mean complain, then you would make the complaint to the car dealer. As the dealer no longer exists then you are out of luck. However, in a very tiny number of cases, the insurer may have the liability for the complaint and you would make the complaint to them.

wee_katie

Hi,

Thanks for your reply, we only spoke to a lawyer about it as I was getting advise at the time about an other matter. I'm not certain the reason he gave that we were not able to, he mentioned the short time he had the agreement and that he had been paid off and not got sick or made redundant, I didn't really ask too many questions.

Sorry I I don't really know much about claiming back ppi but I was wondering if he could reclaim the ppi he was mis sold from the finance company ( even though the finance company is no more it was part of a larger company) the garage has closed so there is no chance there or I read something about an ombudsman that could help.

Thanks

dunstonh

I'm not certain the reason he gave that we were not able to, he mentioned the short time he had the agreement and that he had been paid off and not got sick or made redundant, I didn't really ask too many questions.

There is normally a qualifying period of 6-12 months for unemployment cover. This is to prevent people taking out insurance when they know of changes at work. That is normal and acceptable and would not be considered a mis-sale reason.

but I was wondering if he could reclaim the ppi he was mis sold from the finance company ( even though the finance company is no more it was part of a larger company) the garage has closed so there is no chance there or I read something about an ombudsman that could help.

The finance company didnt sell the insurance. The car dealer did. lenders only carry liability if its one of their staff members/agents that sold it. Not third parties. In most cases (but not all), if its pre-regulation and a car dealer, then its game over.

You can ask the finance company but it would be a longshot.

wee_katie

Thanks for your advice, I might give it a try