Vt do I get my money iv paid

[Aidenmcl]

might seem like a daft question but if vt my car after paying 50% and hand the car back do I get the money back I put in minus interest and charges ect? Working out the best way of ending the agreement due to no longer been able to afford to upkeep with payments Long Term ?

[Guest]

Re: Vt do I get my money iv paid

No I am afraid not, the method of calculation is defined in section 100 of the act.

Simply, on return you owe whatever repayments are due up to that date, if you have reached the 50% mark then you can return the car and there is no more to pay, however if you keep the car beyond this point you still have to pay the hire for that period on top.