Voluntary Terminate a PCP

Westy1962

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Joined: Mar 2020

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#1

Voluntary Terminate a PCP

21st March 2020, 10:38:AM

Hi, I have a HP plan that I have 49 month contract, I have 21 months left, I have written a termination letter as per the format template. I sent it registered post. I have rang the finance company up, they said they have not received it.
I explained what I wanted to do with my HP plan, they then said you have to be halfway through the finance cost not the four year contract term. They then said I owe £2014 plus £75 for auction pickup.*
can anyone clarify this point
Pete

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R0b

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Joined: Sep 2015

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#2

21st March 2020, 18:49:PM

Hi, if you used the template VT letter, then you must have also read the guide? It has the answer to your question.

If you have a question about the voluntary termination process, please read this guide first, as it should have all the answers you need. Please do not hijack another person's thread as I will not respond to you
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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. 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.
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