Car Finance Help Voluntary Temrination

Masas

I am looking for advice please, we have a car (Discovery 4 ) on finance that was taken out in 2022 March and in November 2022 the crank snapped requiring a new engine. we had cover for repairs on the car but it didnt cover this, the finance company were no help at all and said we would need to repair the car or hand it back and we would then be liable for the debt. so we kept the car got a new engine but over the years the car as probably spent 4 months a year in the garage for repairs. we now have 14 months remaining and the car has been in the garage for the last 10 months, the garage have said these problems will be an issue going forward so we are now at the point where we are considering our options as it is becoming too expensive. what are my options now I really feel we were mis sold the car given all teh issues. 

Ayr_Rage

What type of finance contract do you have and over what period?

How old is the Disco and what was the mileage when purchased and when the crankshaft failed?

Has it been serviced as per the manufacturer's schedule?

The time to challenge the mechanical state to try to prove a manufacturing or inherent fault was in 2022, that boat as well and truly sailed.

The only option I can see is to sell it for parts and take the hit on the remaining finance as there is no way to hand it back in its current state.

Edit for info : The Discovery 4 was produced from 2009 to 2016 so the subject vehicle was over 5 years old when purchased.

Mildly_Miffed

It was a car that was at least 6 years old when you got it nearly 4 years ago, and it was trouble-free for the first 8 months of your ownership.

You have zero recourse against the vendor.

If you're VTing it, then it needs to be in full working order when you hand it back.

If the garage can't fix it in TEN MONTHS, then take it to a competent garage.

Ectophile

"These problems will be an issue going forward" is a big vague. Anything should be fixable.

Find a good independent Land Rover specialist.  There are several around the country.  Get them to fix the car so that it's working.

Then decide to either keep it or VT it.

Ayr_Rage

@Ectophile the OP is implying that a fix and paying the finance is becoming too expensive and is looking for a way out.

With a 9+ year old Disco I'd be doing the same, their reputation for "ongoing issues" is pretty much legendary.

fatbelly

To help you investigage Voluntary termination

https://legalbeagles.info/forums/forum/legal-forums/motoring-parking/vehicle-finance-and-issues/77730-a-guide-to-voluntary-termination-your-rights