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Hi all.
2 points to raise:
1/
I am having to let me car go back soon because COVID19 has stopped my income.
Ive had a letter from Black Horse saying if you terminate your agreement before your next payment is due then you have to pay the sum of £375, which includes sums owed.
Ive already put payment back twice as I couldnt afford so been charged £70 for them to do that.
Here is my breakdown if anyone can share any light/advice?
Halves value £11,451
Total paid £ 14,389
Total fees £70
2nd Schedule Amount Outstanding £305
Total liability £375
It says as I have paid more than half total amount back my liability consists of fees and the remainder of your second schedule(where applicable)
This second schedule is confusing me, what is it?
2/
I can deliver the car back to them free of charge but the nearest auction house is 30 miles away and closed due to COVID19
or
I can have it picked up for £75, although they are not currently operating.
The car insurance runs out soon so wont be insured for either.
Can anyone offer any help for both questions please?
Many thanks
2 points to raise:
1/
I am having to let me car go back soon because COVID19 has stopped my income.
Ive had a letter from Black Horse saying if you terminate your agreement before your next payment is due then you have to pay the sum of £375, which includes sums owed.
Ive already put payment back twice as I couldnt afford so been charged £70 for them to do that.
Here is my breakdown if anyone can share any light/advice?
Halves value £11,451
Total paid £ 14,389
Total fees £70
2nd Schedule Amount Outstanding £305
Total liability £375
It says as I have paid more than half total amount back my liability consists of fees and the remainder of your second schedule(where applicable)
This second schedule is confusing me, what is it?
2/
I can deliver the car back to them free of charge but the nearest auction house is 30 miles away and closed due to COVID19
or
I can have it picked up for £75, although they are not currently operating.
The car insurance runs out soon so wont be insured for either.
Can anyone offer any help for both questions please?
Many thanks
