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Template letter for voluntary termination of a PCP

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  • Template letter for voluntary termination of a PCP


    I am in the process of voluntary terminating my PCP with BMW. They are sending me a form to complete but after reading many other VT stories I don't want to sign their forms and want to draft my own letter. Any advice as to what to write please?
    Many Thanks
    Tags: None

  • #2
    Re: Template letter for voluntary termination of a PCP

    I'll ask [MENTION=71570]R0b[/MENTION] for you.

    I like your pin shot
    I keep it with your letter
    Done up in blueprint blue
    It sure looks good on you
    And when you smile for the camera
    I know I'll love you better

    Then the shutter falls
    You see it all in 3-D
    It's your favorite foreign movie


    Donald Jay Fagen


    • #3
      Re: Template letter for voluntary termination of a PCP

      Thank you!


      • #4
        Re: Template letter for voluntary termination of a PCP

        Hello, a template below, adjust to suit your position.

        Dear Sir / Madam,


        Agreement number:

        I am writing to notify you that I wish to invoke my statutory right under section 99 of the Consumer Credit Act 1974 and hereby give you notice that the agreement is terminated effective immediately from the date of this letter. Please confirm by return acknowledgement of this letter and to make arrangements for collection of the vehicle.

        The condition of the car is noted as being in a reasonable condition for its age and photographic evidence has been taken in the event of any future dispute as to the condition of the vehicle.

        You will be aware that the Consumer Credit Act limits my liability to half of the total amount payable under the agreement but excludes any sum payable as a penalty, compensation or damages for a breach of the terms of the agreement. Such terms imposed are inconsistent with my rights under the Act and are therefore deemed void and unenforceable.

        The vehicle is now available for collection and I would be grateful if you could contact me on [NUMBER] to arrange a suitable time within the next 14 days.

        Yours faithfully,

        Check out some useful guides below

        A guide to voluntary termination
        Seting aside a CCJ
        Completing an N180 Form (Courtesy of Jaguarsuk)

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        Please be aware that this is a public forum and is therefore accessible to anyone. The content I post on this forum is not intended to be legal advice nor does it establish any client-lawyer type relationship between you and me. Some of the content I post may include example wording, letters, or other similar responses but they are intended purely for informational and educational purposes. Using some or all of the content I post may fail to meet your needs that is specific to your situation. Therefore any use of my content is at your own risk and I cannot be held responsible in any way. It is always recommended that you seek independent legal advice and you can do this through the Law Society's Find a Solicitor database, by contacting your local Citizen's Advice Bureau or legal advice centres such as LawWorks. You may also be able to seek legal advice from your local university who may run a free (but limited) legal advice clinic to members of the public.


        • #5
          You can send them an email as this is acceptable


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