Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • Sammytink
    • By Sammytink 8th Jan 18, 1:47 PM
    • 1Posts
    • 0Thanks
    Sammytink
    Voluntary termination pcp agreement
    • #1
    • 8th Jan 18, 1:47 PM
    Voluntary termination pcp agreement 8th Jan 18 at 1:47 PM
    I have successfully voluntary terminated my pcp agreement but the finance company are insisting I either pay 79 plus Vat to have my car collected from my home address or take the car myself to the local (which is far from local, nearly 200 miles from my home!) car auction.

    Have they got the right to demand this??
Page 1
    • Le_Kirk
    • By Le_Kirk 8th Jan 18, 1:55 PM
    • 2,749 Posts
    • 1,633 Thanks
    Le_Kirk
    • #2
    • 8th Jan 18, 1:55 PM
    • #2
    • 8th Jan 18, 1:55 PM
    Do you have the original paperwork that you signed when you first collected the car; this should tell you what should/will/does happen if you: -
    a) hand the car back at the normal termination of lease/deal
    b) voluntarily terminate the deal
    • Tarambor
    • By Tarambor 8th Jan 18, 1:59 PM
    • 3,048 Posts
    • 2,207 Thanks
    Tarambor
    • #3
    • 8th Jan 18, 1:59 PM
    • #3
    • 8th Jan 18, 1:59 PM
    I have successfully voluntary terminated my pcp agreement but the finance company are insisting I either pay 79 plus Vat to have my car collected from my home address or take the car myself to the local (which is far from local, nearly 200 miles from my home!) car auction.

    Have they got the right to demand this??
    Originally posted by Sammytink
    Yes. It is usually your responsibility to return the car when you VT or to pay a collection fee for them to do it. It'll be in the T&Cs you signed.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

146Posts Today

1,360Users online

Martin's Twitter
  • RT @LaraLewington: ...and mine suggested I'd achieved a lifelong ambition of being sawn in half by a magician - at our wedding. Wasn't. Don?

  • We are working on it - I think BA has behaved awfully on this. Those flight were no obviously a glitch. It should? https://t.co/8pvtXtUEqi

  • RT @thenicolabryant: Absolutely. We need mental health and financial health as advocated my @MartinSLewis , to be taught in schools. So muc?

  • Follow Martin