Hi all, my wife took out a Hire purchase on a ford Ka 3 years ago. We have paid over the 50% value as stated on the contract.
She wants to VT the contract. So far, this is what has happened:
We phoned black horse finance to say we would like to VT and they have sent out a VT pack (which I received today).
My wife has completed and signed form A which confirms she would like to VT. We have sent this back to black horse today.
Yesterday, my wife sent them a separate letter confirming that she would like to VT with immediate effect.
I have contacted the auction site and we are dropping the car off on Monday.
Just a couple of questions:
- When can my wife cancel her monthly direct debit that she has been paying to black horse?
- we have got married since she took out the hire purchase, and she hasn't changed the name on her account. Will this be an issue? The letters addressed to her have all had her maiden name on. The V5 LOGBOOK that we leave with the car at auction however has got her married name.
- am i right in saying that I should take pictures of the car with a newspaper in in the day I drop it off at the auction site?
- lastly, I have a form that needs to be signed by the auction site when I drop the car off on Monday. I then need to return this to black horse.
The guy on the phone said that the car won't be checked there and then, it may take a few days before this happens. What if they try to come back against us saying it's not in reasonable condition? There is a small part of the back seat that is scuffed (and has been when she bought it) however we have no proof that it was like that when we bought it. Would they be likely to pick up on this and try to charge us?
Many thanks for taking time to read this
Mark
She wants to VT the contract. So far, this is what has happened:
We phoned black horse finance to say we would like to VT and they have sent out a VT pack (which I received today).
My wife has completed and signed form A which confirms she would like to VT. We have sent this back to black horse today.
Yesterday, my wife sent them a separate letter confirming that she would like to VT with immediate effect.
I have contacted the auction site and we are dropping the car off on Monday.
Just a couple of questions:
- When can my wife cancel her monthly direct debit that she has been paying to black horse?
- we have got married since she took out the hire purchase, and she hasn't changed the name on her account. Will this be an issue? The letters addressed to her have all had her maiden name on. The V5 LOGBOOK that we leave with the car at auction however has got her married name.
- am i right in saying that I should take pictures of the car with a newspaper in in the day I drop it off at the auction site?
- lastly, I have a form that needs to be signed by the auction site when I drop the car off on Monday. I then need to return this to black horse.
The guy on the phone said that the car won't be checked there and then, it may take a few days before this happens. What if they try to come back against us saying it's not in reasonable condition? There is a small part of the back seat that is scuffed (and has been when she bought it) however we have no proof that it was like that when we bought it. Would they be likely to pick up on this and try to charge us?
Many thanks for taking time to read this
Mark
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