PCP - Voluntary Termination template letter

Nasqueron

fluffy_pandas said:

Thanks for the reply. A couple of things I would like to clarify.
1. I'm not in debt. Reason for returning is because my wife will get a company car and doesn't make sense to have so many cars at home. Just paying unnecessary money. 
2. I'm not using the generic letter route to escape paying the necessary chages (eg. excess mileage charge). I just want to make sure I don't sign something pre-defined and waived my legal rights. I was basing on some other forums that had some horror stories. 

Thanks.

1) I don't recall saying you were?
2) Very rarely can you truly sign away legal rights or be made liable for something not in an initial contract, VT is a legal right and there are FOS cases on what can and cannot be charged

fluffy_pandas

Nasqueron said:

fluffy_pandas said:

Thanks for the reply. A couple of things I would like to clarify.
1. I'm not in debt. Reason for returning is because my wife will get a company car and doesn't make sense to have so many cars at home. Just paying unnecessary money. 
2. I'm not using the generic letter route to escape paying the necessary chages (eg. excess mileage charge). I just want to make sure I don't sign something pre-defined and waived my legal rights. I was basing on some other forums that had some horror stories. 

Thanks.

1) I don't recall saying you were?
2) Very rarely can you truly sign away legal rights or be made liable for something not in an initial contract, VT is a legal right and there are FOS cases on what can and cannot be charged

Appreciate the insight. Sounds like I should just sign what they sent me. 
They essentially 2 files. One for me to write up the my and the agreement details and indicate that I have read the PDF which came along with it. 
It does fairly detailed the price of each type of repair which does give me some peace of mind that I won't get charged inappropriately.

TheDIYDiva2025

I just wondered how you got on with your voluntary termination?
I think we must have read the same information about not signing the package the finance company send you (The Car Expert, referring to LegalBeagles template?)
I'm in the same boat - about to get a company car and clear to hand back with no fees.
Appreciate any advice/insight.

sheslookinhot

sheramber said:

fluffy_pandas said:

I got a PCP finance with VW Financial Services, and I wish to terminate it because it's already over 50% repayment and also the fact that my wife will get a company car. Don't need so many car in the household.

However, according to forum - I shouldn't use the template that the finance company provides but rather than a generic one to avoid me signing blindly on conditions that I might not agree on.

Does anyone have that template please?
I can't seem to be able to find it in legal beagles site. The link to the PDF doesn't seem to be working anymore. 

Thanks in advance. 

Does the forum where you got that advice not supply any example?

The answer to this point is to read the terms and conditions. Surely you wouldn’t just sign them without understanding what they mean ? Score out any you disagree with and post them in to VWFS.