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Hi All,
Newbie here looking for some assistance, I have been in contact with my finance Startline Motor Finance in relation to VT for my HP.
I have been giving a figure of £920 to meet the 50% to enable me to carry out the VT which I would like to do.
I have read into the section of VT (which is extremely helpful) on this forum but I have a few questions which I cannot find the answers to.
The finance company keep referring to section 11 - Your right to end the agreement early, they are advising me I am liable for retaking possession of the vehicle and that I must pay them the cost of repairs required to put the vehicle in good condition (car is excellent condition).
Read through the VT form I can see both of the above are not legally required but not sure how it will work if it is within my contract ? Also when I hit the 50% for payments can I automatically cancel my direct debit for the finance payments ?
I really appreciate your help and thanks for any advice that follows,
Paul
Newbie here looking for some assistance, I have been in contact with my finance Startline Motor Finance in relation to VT for my HP.
I have been giving a figure of £920 to meet the 50% to enable me to carry out the VT which I would like to do.
I have read into the section of VT (which is extremely helpful) on this forum but I have a few questions which I cannot find the answers to.
The finance company keep referring to section 11 - Your right to end the agreement early, they are advising me I am liable for retaking possession of the vehicle and that I must pay them the cost of repairs required to put the vehicle in good condition (car is excellent condition).
Read through the VT form I can see both of the above are not legally required but not sure how it will work if it is within my contract ? Also when I hit the 50% for payments can I automatically cancel my direct debit for the finance payments ?
I really appreciate your help and thanks for any advice that follows,
Paul
