📨 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!

Renault Battery Lease Hostage

12346»

Comments

  • born_again
    born_again Posts: 25,196
    10,000 Posts Seventh Anniversary Name Dropper
    Forumite

    "I'm sorry to hear that the battery is beyond repair.

    Is it the battery or is it the car?

    Life in the slow lane
  • Ectophile
    Ectophile Posts: 8,655
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Forumite

    If the battery has failed, they should be giving you a new one under the terms of the lease.

    If some other part of the car has failed, that's the problem. Returning the battery to RCI is difficult and expensive, and you are supposed to pay for that.

    There are some legalities around buying out the lease, which means you can't actually buy the battery from RCI. If you could, then their "lease" would actually be a disguised hire purchase agreement, similar to a PCP where there's a balloon payment at the end. So instead, RCI sells the battery to a third party who aren't involved in the lease, and the third party then sells the battery to you.

    I wouldn't have too much hope that an MCOL claim for the full cost of the battery would succeed. Gary C on YouTube found that out. If the court thinks it's a complicated contractual dispute, then it won't go through the small claims procedure, and the lawyers' fees will probably exceed £399. You might get away with a claim for the extra months' lease.

    If it sticks, force it.
    If it breaks, well it wasn't working right anyway.
  • Update: after some more assurances from RCI Financial Services Ltd, we have decided to go ahead and pay the £399.60 offered battery buy-out price.

    They say they will immediately stop the monthly direct debit. Then if everything goes OK we can then sell/scrap the Renault Zoe.

    If any problems I'll update this forum in case it helps anyone else.

★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.9K Banking & Borrowing
  • 255K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.4K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 179.1K Life & Family
  • 264K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards
Quick Search

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.