Tweet
Hi all,
I need some advice in regards to excess mileage charge on a PCP agreement after Voluntary termination.
I VT'd my car 2 weeks ago. I was 3 years and 7 months into a 4-year agreement. The annual mileage was set to 8k (at the time that was more than enough), however, my job changed and so did my mileage.
When i VT'd the car I was at circa 40000 mileage, and the max mileage over the 4 year agreement was 32000.
The car was in excellent condition when collected. There was a slight scratch in the doorsill which they’ve charged me £40 to put right. I thought that was reasonable. However, I’ve recently received a hefty excess mileage bill from BMW financial services asking for circa £1,600.
I’ve read in numerous threads on this site that I may be able to half that amount or not pay it at all. I've attached the letters from BMWFS with the relevant parts of the contract. Would it be adivsable to send one of the excess mileage templates on this site to BMWFS?
Thanks in advance!
I need some advice in regards to excess mileage charge on a PCP agreement after Voluntary termination.
I VT'd my car 2 weeks ago. I was 3 years and 7 months into a 4-year agreement. The annual mileage was set to 8k (at the time that was more than enough), however, my job changed and so did my mileage.
When i VT'd the car I was at circa 40000 mileage, and the max mileage over the 4 year agreement was 32000.
The car was in excellent condition when collected. There was a slight scratch in the doorsill which they’ve charged me £40 to put right. I thought that was reasonable. However, I’ve recently received a hefty excess mileage bill from BMW financial services asking for circa £1,600.
I’ve read in numerous threads on this site that I may be able to half that amount or not pay it at all. I've attached the letters from BMWFS with the relevant parts of the contract. Would it be adivsable to send one of the excess mileage templates on this site to BMWFS?
Thanks in advance!
Attached Files
