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Afternoon everyone. About mid-December I'd sent the VT notice letter (template taken off this website). I have made about 6 monthly payments over what was required to reach 50%, so I had cancelled the DD straight away. Car was collected in January, and sold on the 2nd of February.
Today I got a letter asking for
1)arrears between last payment made in November and when the car was actually sold, saying their T&C's are saying I'm still liable for the contractual monthly payments until vehicle is sold and 2) the shortfall between the estimated average valuation and the amount that the car was sold for at auction, shortfall to be caused by the condition of the vehicle.
I've rang and complained about arrears, saying that from the date on my VT notice I'm no longer liable and I was told that as per TC I need to make payments until VT is finalised.
What do you think about this?
Is there a specific section in law I could write back to them and quote, as having to pay until the vehicle is sold ( assuming it might take 6 months to sell) defeats the purpose of VT.
Today I got a letter asking for
1)arrears between last payment made in November and when the car was actually sold, saying their T&C's are saying I'm still liable for the contractual monthly payments until vehicle is sold and 2) the shortfall between the estimated average valuation and the amount that the car was sold for at auction, shortfall to be caused by the condition of the vehicle.
I've rang and complained about arrears, saying that from the date on my VT notice I'm no longer liable and I was told that as per TC I need to make payments until VT is finalised.
What do you think about this?
Is there a specific section in law I could write back to them and quote, as having to pay until the vehicle is sold ( assuming it might take 6 months to sell) defeats the purpose of VT.
