We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Lloyds TSB CarSelect
Bubba_Shaboo
Posts: 498 Forumite
Back in 2012 we bought a car from Lloyds TSB CarSelect through the CSMA Club. We can’t find any paperwork but a copy bank statement shows payments were made to CarSelect so they obviously were the finance providers. Neither Lloyds TSB CarSelect nor CSMA Club still exist so would anyone have any thoughts on where to send one of Martin’s template letters?
0
Comments
-
The firm doesn't exist so who would pay your any refund?
The only chance would be if someone bought their books and liability but if that wasn't the case your case is overSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
1 -
So would anyone have any thoughts on where to send one of Martin’s template letters?
CSMA club still exists but was renamed. However, it wasn't a car dealer and the loan provider wasn't car dealer arranged finance either. So, it wouldn't fall within the remit of the redress scheme, once that is finally announced.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.1 -
Ah that makes sense. Many thanks for the replies.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.6K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards