My car on finance is falling its mot

david0901

I have had my car for 3 years now it's on finance  the last 2 mots have cost me nearly 700 pound it is a 2009 ford smax the finance  is over 18000 pounds can I do anything  about it

forgotmyname

Better maintenance and some crossing of your fingers. Lots of moving parts on a car and sometimes
they fail with little warning.

Ask your service garage why they are missing these failures.

AdrianC

david0901 said:

I have had my car for 3 years now it's on finance  the last 2 mots have cost me nearly 700 pound it is a 2009 ford smax the finance  is over 18000 pounds can I do anything  about it

You owe £18k on an 11yo car, after paying the finance off for three years?
What were the fails for?

Lomast

You paid 18k for a 8 year old smax!!  
Its now an 11 year old car its going to need at least some money spending on it each year.

photome

Is an 8 year old Smax really £18000 ? 

As others have said 11 year old cars fail MOTs.  Are you having  it  serviced every year 

m0bov

Car is worth no more than 4K, time to sell it on.

AdrianC

photome said:

Is an 8 year old Smax really £18000 ? 

Or an 11yo one with £18k outstanding...

But there are 107 £17-19k SMaxes on Autotrader.
The five oldest are 2015. There are another 17 2016. The bulk - 65 - are 2017. 13 are 2018, 7 are 2019.

The 30 2008 SMaxes go from £6k to sub £1,500.

I suspect a typo in the OP, and the outstanding finance is actually £1,800.

The financier are, of course, equally liable for faults after three years of ownership as the vendor. On a now 11yo car, that liability is going to be minimal. £700 across two MOTs for a 10-11yo car is not expensive at all, especially if the MOT is being regarded as maintenance.

JamoLew

Agreed - especially if the £700 included 4 tyres and/or disks/pads

Jesterrmum1703

AdrianC said:

photome said:

Is an 8 year old Smax really £18000 ? 

Or an 11yo one with £18k outstanding...

But there are 107 £17-19k SMaxes on Autotrader.
The five oldest are 2015. There are another 17 2016. The bulk - 65 - are 2017. 13 are 2018, 7 are 2019.

The 30 2008 SMaxes go from £6k to sub £1,500.

I suspect a typo in the OP, and the outstanding finance is actually £1,800.

The financier are, of course, equally liable for faults after three years of ownership as the vendor. On a now 11yo car, that liability is going to be minimal. £700 across two MOTs for a 10-11yo car is not expensive at all, especially if the MOT is being regarded as maintenance.

No the car was bought in 2017 what he didn't know is that this car has always had alot of mechanical issues since first mot 2012 especially with electrically faults. The car finance company is go car credit and the place he got the car from is concept car credit in Radcliffe once the car payment have finished next year the total including the high interest rates that go car credit charge the car would have cost over £18000

ontheroad1970

Jesterrmum1703 said:

AdrianC said:

photome said:

Is an 8 year old Smax really £18000 ? 

Or an 11yo one with £18k outstanding...

But there are 107 £17-19k SMaxes on Autotrader.
The five oldest are 2015. There are another 17 2016. The bulk - 65 - are 2017. 13 are 2018, 7 are 2019.

The 30 2008 SMaxes go from £6k to sub £1,500.

I suspect a typo in the OP, and the outstanding finance is actually £1,800.

The financier are, of course, equally liable for faults after three years of ownership as the vendor. On a now 11yo car, that liability is going to be minimal. £700 across two MOTs for a 10-11yo car is not expensive at all, especially if the MOT is being regarded as maintenance.

No the car was bought in 2017 what he didn't know is that this car has always had alot of mechanical issues since first mot 2012 especially with electrically faults. The car finance company is go car credit and the place he got the car from is concept car credit in Radcliffe once the car payment have finished next year the total including the high interest rates that go car credit charge the car would have cost over £18000

Well perhaps had he put all that in his OP, people wouldn't need to guess.  How did you know all of that?

Darkslider

Jesterrmum1703 said:

AdrianC said:

photome said:

Is an 8 year old Smax really £18000 ? 

Or an 11yo one with £18k outstanding...

But there are 107 £17-19k SMaxes on Autotrader.
The five oldest are 2015. There are another 17 2016. The bulk - 65 - are 2017. 13 are 2018, 7 are 2019.

The 30 2008 SMaxes go from £6k to sub £1,500.

I suspect a typo in the OP, and the outstanding finance is actually £1,800.

The financier are, of course, equally liable for faults after three years of ownership as the vendor. On a now 11yo car, that liability is going to be minimal. £700 across two MOTs for a 10-11yo car is not expensive at all, especially if the MOT is being regarded as maintenance.

No the car was bought in 2017 what he didn't know is that this car has always had alot of mechanical issues since first mot 2012 especially with electrically faults. The car finance company is go car credit and the place he got the car from is concept car credit in Radcliffe once the car payment have finished next year the total including the high interest rates that go car credit charge the car would have cost over £18000

I assume you're the original poster's partner? The finance deal he/you have signed up for is extortionate, an 8 year old Smax should have been anywhere from £6 - £9k depending on spec at the time judging by current dealer prices. But as you agreed to such a high rate (Car supermarkets, especially those advertising finance for those with bad credit are known to have high APR rates) I'm not sure there's an awful lot you can do at this point having already made 3 years of payments, you have already paid a substantial amount of interest in the time you've had the car. It would be worth investigating if you can settle the finance early to reduce the interest payable on the remainder of the term?

We all dread MOT time and more often that not it results in unexpected bills that you weren't budgeting for, but that's part and parcel of car ownership. Hopefully now you've spent a good wedge on the car you'll have a run of clean passes as long as you keep on top of the servicing!

Sorry I can't be of more help!