Yes Car Credit return

kald

Hello
Does anyone know if its possible to return a car to Yes Car Credit after a year.
Ta

BFG_2

You are not serious???

Yes Car Credit were recently highlighted by a BBC (Watchdog?) special showing how they treated the customers, adn they were amongst the wrost companies I've ever seen!! Eg their 'comprehensive pre-sale check of the cars condition' consisted of putting it up on a ramp and having a quick look (with their eyes closed!); IIRC the mechanics got into trouble for fixing anything coz it reduced the profit on the car!!

You haven't a chance of getting a penny out of them - UNLESS you can take them to court and prove they lied to you about the roadworthiness of the car, etc.

Again IIRC they seem to specialise in providing over-priced cars to those who have finance troubles - so someone buys a car from them; real value of car is £3k, they sell it at £6k and by time finance paid it costs the buyer £9K.

Good luck.

Turning_into_scrooge

I personnaly wouldn't touch yes car credit with a barge pole after reading other plights with them. Have a look here http://www.grumbletext.co.uk/index.php
You'll find some interesting info that you may be able to use as ammunition. Good luck i wish you well with them

grumbler

BFG wrote:

...Yes Car Credit were recently highlighted by a BBC (Watchdog?) ...

Undercover investigation blows whistle on car finance company Yes Car Credit :eek:

Malestrom

Can you tell us why you want to return the car? It may open up some options....

kald

I dont fancy paying for another 3years as money is getting tight at the moment. At the time it seemed like a good idea

Bossyboots

As far as I know you can't just do that. You need to read your agreement but I suspect that if you can return it before the term is up you will be expected to pay a large penalty.

MarkyMarkD

If it's a Hire Purchase or Conditional Sale agreement (and I presume it is) then you can return the car at any point if you've paid >=50% of the total amount due, without any further liability.

But you probably haven't paid enough after a year - depends if you paid a large deposit (I expect not). Useful for people who have awful cars and want rid, though.

trace-j

kald wrote:

I dont fancy paying for another 3years as money is getting tight at the moment. At the time it seemed like a good idea

If you can hang on for another year you can walk with no come back after repaying half of the total agreement- see my post in a thread with a similar question.

BFG_2

Try here for more gen.

http://www.saynotoyes.moonfruit.com/

whizz_2

"Hello
Does anyone know if its possible to return a car to Yes Car Credit after a year. "
Ta

Hi Kald - to answer your question - Yes it is possible.

I like you thought it was a good iead at the time to take a car out with Yes. I knew I was paying over the odds ect, and everythign that goes with a company like YES, but this got me out of a whole so..

Anyway, like you money was tight and we needed a bigger car as daughter 4 was arriving soon, phoned YES in Horsham (Head Office) and asked if I could return the car as was having finicial difficulties, agreed straight away (this was after 9 months of me owning the car!!).

Agreed with YES that I would pay £20.00 p/c/m off the debt at one of these pay points places.

Before people say this is foolish - I know it probably will never get payed off at this rate , but I need to free cash up now not think about 10 years down the line, by wich time we will have double my single salary in the house, so...

To conclude I found YES head office to be very helpfull, although their sales garage in Wensfield is another story!!

Thanks