PCP Finance

JackieClark

My car finance finished last month and I have made my last payment - the car was supposed to be collected weeks ago as I am handing it back however the company who collects the cars are not working due to the problem with social distancing.  My car is currently sat on my drive with no insurance and is on sorn due to tax running out.  The car is quite expensive and I am worried who is liable for car if anything happens to it.  I have sent numerous e-mails to company but had no reply at all.

neilmcl

JackieClark said:

My car finance finished last month and I have made my last payment - the car was supposed to be collected weeks ago as I am handing it back however the company who collects the cars are not working due to the problem with social distancing.  My car is currently sat on my drive with no insurance and is on sorn due to tax running out.  The car is quite expensive and I am worried who is liable for car if anything happens to it.  I have sent numerous e-mails to company but had no reply at all.

You are. As with any goods you ave a duty of care whilst it's in your possession.

daveyjp

Check the Covid statement and Q&As on the finance company website.

If the car is parked safely on private property there is no need for you to insure it.  It is the responsibility of the finance company,

Take plenty of photos to show where it is parked and to record its condition.

AnotherJoe

neilmcl said:

JackieClark said:

My car finance finished last month and I have made my last payment - the car was supposed to be collected weeks ago as I am handing it back however the company who collects the cars are not working due to the problem with social distancing.  My car is currently sat on my drive with no insurance and is on sorn due to tax running out.  The car is quite expensive and I am worried who is liable for car if anything happens to it.  I have sent numerous e-mails to company but had no reply at all.

You are. As with any goods you ave a duty of care whilst it's in your possession.

There's a difference between a duty of care and being responsible.

So, OP cant go and park it on double yellow lines with doors open and key in ignition.

But they cant arbitrarily be made responsible for damage that occurs as long as theyve taken reasonable care, eg parking off road with doors closed and car locked,if someone could be made liable the owner could leave it there indefinitely and impose costs on them if its vandalised or the paint is damaged because of bird muck they dont clean or the tyres go flat and are damaged because they don't keep them pumped up

In their place I'd send a letter before action given them 14 days to remove it before I start charging £10 a day storage fee.