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It is recorded, but for reference only. It has no detrimental affect other than other finance companies seeing it and maybe deciding not to offer a PCP in future, but this is pretty rare unless you VT a lot.
If a future Finance Company has concerns over an applicants previous VT(s) they'll still usually be prepared to offer a PCP but not necessarily HP or Conditional Sale based PCP agreements, they'll instead offer a PCP based on a Fixed Sum/Term agreement that doesn't have VT rights.
Thanks for this information. The car is in good condition other than a few marks on the boot near the latch.
If these are really light scratches such as from finger nails etc then get some T-Cut and give it a light rub over and it should either get rid of them or reduce their intensity.
Unfortunately, they're more like chips than scratches (I didn't describe them very well). I think they're marks from where the boot gets slammed or they could be due to some rubbing or contact from a bike carrier (albeit we only used one a handful of times).
The guy at WBAC was convinced there was nothing we could do to fix them other than paint the whole car, even though they're genuinely pretty small. I'll have to ask somebody who isn't trying to drive money off the value of the car!
Paint fades over time so you often need to repaint the entire panel if you've got down to the primer.