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Detail for VT'ing a car

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  • #16
    Re: Detail for VT'ing a car

    The only thing I can see about collection charges is the following;

    if we end this agreement, we may take back the goods from you and y must pay us:

    a) all payments you still owe us;
    b) the balance of the total amount payable in respect of both the principal agreement and the secondary agreement; less
    - any rebate (reduction) of charges you may be entitled to; and
    - any money we receive from selling the goods after we have taken off the costs of recovery, insurance and storage.


    but this is only applicable if they end the agreement, and in this case I ended the agreement.

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    • #17
      Re: Detail for VT'ing a car

      Ah, actually, I've found this.

      you may end the principal agreement by taking the steps set out in the notice 'termination of your rights' shown on the proceeding pages. You must then ( at your own expense ) return the goods to us ect ect....

      but out my termination letter clearly stated the following;

      You will be aware that statute prevents you from levying a charge for the recovery of this vehicle; guidelines also state that if you require me to deliver this vehicle it must be no more than a short (reasonable distance) from my registered address.

      where is this statute that says a finance company can't leverage a charge for the collection of a vehicle. Apparently there is one, but I don't know where.
      Last edited by Mr.Shanahan; 8th November 2013, 12:04:PM.

      Comment


      • #18
        Re: Detail for VT'ing a car

        Originally posted by Mr.Shanahan View Post
        Ah, actually, I've found this.

        you may end the principal agreement by taking the steps set out in the notice 'termination of your rights' shown on the proceeding pages. You must then ( at your own expense ) return the goods to us ect ect....

        but out my termination letter clearly stated the following;

        You will be aware that statute prevents you from levying a charge for the recovery of this vehicle; guidelines also state that if you require me to deliver this vehicle it must be no more than a short (reasonable distance) from my registered address.

        where is this statute that says a finance company can't leverage a charge for the collection of a vehicle. Apparently there is one, but I don't know where.
        I think that it is implicit within the statute, once the agreement is terminated the vehicle is no longer in the care of the hirer, so why would there be a charge for moving someone elses vehicle.

        The act says that the hirer may terminate at any time it does not say he may terminate as long as he return the vehicle/goods at his own costs. It could also be argued that a contractual term would not be enforceable once the contract had been terminated.

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