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Finance on a lemon

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Comments

  • geemantra
    geemantra Posts: 5 Forumite
    The finance Company (Bank of Scotland) are informing me that they will not accept the car without the repairs to the engine taking place. I am now in a position that my young children will be without a vehicle to bring them the 100 miles to see their dad and I will have to move from my rented accomodation to finance the repairs. This has left my family torn and there appears to be nothing I can do.
  • xxlaurissaxx
    xxlaurissaxx Posts: 2,253 Forumite
    geemantra wrote: »
    The finance Company (Bank of Scotland) are informing me that they will not accept the car without the repairs to the engine taking place. I am now in a position that my young children will be without a vehicle to bring them the 100 miles to see their dad and I will have to move from my rented accomodation to finance the repairs. This has left my family torn and there appears to be nothing I can do.

    Cant you try and sell it privately and make some money or try and buy spares to fix it?

    Good Luck
    0/2013
    :beer:
  • geemantra
    geemantra Posts: 5 Forumite
    Unfortunately the cars value on the private market is less than the value of work to be carried out so it is uneconomical to get it done
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