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Action so far.
1. I've sent a letter to Mercedes Benz using this website's template.
2. They have sent me back a letter which i could upload if necessary for advice saying basically thanks and no problem in doing your VT but your still have money outstanding.
3. In my view i've settled over 50% but would like to clarify exactly what that means.
26 rentals of 36 £465 =£12,090.00
Deposit =£4,302.99
Acceptance fee =180.00
Total Amount paid =£16,572.99
Total amount due = £20,259.00 Including car or bloom payment at end of term
So short fall of £3,686.01
But my reckoning is i've already paid 80ish % so i don't need to pay the shortfall. Is that right?
They want me to sign a completion form saying i will pay the shortfall, to end the contract, which i haven't but what do i do now? can someone help me please?
will this effect my credit score and how long will it show on my account that this is now cleared.
1. I've sent a letter to Mercedes Benz using this website's template.
2. They have sent me back a letter which i could upload if necessary for advice saying basically thanks and no problem in doing your VT but your still have money outstanding.
3. In my view i've settled over 50% but would like to clarify exactly what that means.
26 rentals of 36 £465 =£12,090.00
Deposit =£4,302.99
Acceptance fee =180.00
Total Amount paid =£16,572.99
Total amount due = £20,259.00 Including car or bloom payment at end of term
So short fall of £3,686.01
But my reckoning is i've already paid 80ish % so i don't need to pay the shortfall. Is that right?
They want me to sign a completion form saying i will pay the shortfall, to end the contract, which i haven't but what do i do now? can someone help me please?
will this effect my credit score and how long will it show on my account that this is now cleared.
