Hi I am considering using the VT option with my car finance company Money Barn i had the car over 60 months and i have paid 36 months of payments but the car has broken down and is likely to cost more
than it is realistically worth , my question is that as well as paying back the payment holiday i took whilst furloughed last year I am also being told that i will liable for the cost of the repairs to the vehicle to get it running . Where do i stand on this as i am quite concerned that Money barn will try and inflate the cost of the repairs ? at most the car is worth around £1600 £1800 at the repair bill could be anything up to £2400
than it is realistically worth , my question is that as well as paying back the payment holiday i took whilst furloughed last year I am also being told that i will liable for the cost of the repairs to the vehicle to get it running . Where do i stand on this as i am quite concerned that Money barn will try and inflate the cost of the repairs ? at most the car is worth around £1600 £1800 at the repair bill could be anything up to £2400