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HP Voluntary Termination - Advice please

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  • HP Voluntary Termination - Advice please

    Hi,

    I discovered the much hidden gem of voluntary termination recently. I have finally paid off half of the finance and therefore wrote to the car finance company to VT my car. (The car that depreciated by 8 grand a week after I bought it!!!)
    I have read somewhere that the company (GMAC in this case) cannot charge you a VT fee. Please can someone shed some light on this? I need to be a bit more clued up when I phone them to argue my point and I'm struggling to find much information about this on the internet.
    Also, the chair in my car just stopped moving the other day. I can't see anything blocking it but the car has lifetime warranty. Is this something that they are likely to charge me for?
    Any other hint/tips for me would be appreciated as I'm expecting them to come back with allsorts!

    Thanks in advance.
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  • #2
    Re: HP Voluntary Termination - Advice please

    You might care to read this entry in the forum This should give you a very good indication of what is required.

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