• Welcome to the LegalBeagles Consumer and Legal Forum.
    Please Register to get the most out of the forum. Registration is free and only needs a username and email address.
    REGISTER
    Please do not post your full name, reference numbers or any identifiable details on the forum.

VT Help please

Collapse
Loading...
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • VT Help please

    So just got to the 2.5 year point on my 5 year finance and have VT my car. Finance company have been fine about it and confirmed I owe nothing in terms of payments, however she said the mileage was slightly over the 15K per year mark. I bought the car with 53K and it now has 87K, so my maths works out (pro rata) I've done on average 13.6K miles a year so not worried about that?
    Cars got MOT, been serviced inline with manufacture recommendations etc


    Have been told that BCA will be coming to inspect and take the car away, just wondering what to expect with the inspection? There's no major damage to the car except a small dent behind the rear door which was there when we bought it. Few small scratches etc but its what I'd expect for a 5 year old car.
    Also I've read that they will come up with a report and a figure for repairs, do I have to sign this and if I do does that make me liable for the price of repairs? Also if not and I refuse to sign can they refuse to take the car away?

    Thanks in advance just want to be prepared!
    Tags: None

  • #2
    Re: VT Help please

    Hello,

    I would suggest you read the VT Guide if you haven't already. There are some tips on what to do when you VT

    http://legalbeagles.info/forums/show...on-Your-rights

    The likelihood is that BCA will use the BVRLA guidelines and if you do a google search you will be able to find the document and see what limit the damage is before you are going to be charged - obviously you won't know what the charges might be but you should only be charged for damage beyond fair wear and tear. The VT guide mentions the CAP HPI conditions which takes into account the age of the vehicle whereas the BVRLA guide does not.

    If you don't sign the report and they refuse to take the car then tell them that's fine but you will be making a note of this and writing to the lender that unless they collect the car in the following 14 days then you will dispose of it yourself.
    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
    - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
    LEGAL DISCLAIMER
    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.

    Comment


    • #3
      Re: VT Help please

      Thanks, I did follow the guide and use the template letter so will see what they say when they come for the car!

      Seems to have been pretty straight forward so far, but we shall see!

      Comment

      View our Terms and Conditions

      LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

      If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


      If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.
      Working...
      X