Under the Sale Of Goods Act 1979 (as amended) I am entitled to repair, replacement or refund. Repair evidently is not appropriate in this case. I am reliably informed that the approximate value of the vehicle as supplied in the condition as it appeared was £
X/3, assuming no further mechanical faults, and not £
X as stated on the HP agreement, therefore I cannot rely upon any valuation on a vehicle supplied by yourself, therefore excusing me from any requirement to accept a prescribed replacement.
In lieu of the £
X/10 deposit and the termination of the agreement without penalty, I am prepared to do the work in sourcing a suitable vehicle to the value of £
X locally (and therefore removing a
Z-mile round trip from the equation), since evidently the finance has already been arranged. Under these circumstances, the remainder of any rebates and compensation shall still be payable. If this is not acceptable, then your only option shall be a full and complete refund, and my release from the agreement without penalty.
I am informed that you have made requirements for the vehicle to be collected from its current location. Once you have confirmed a full refund or that the finance will be available on a replacement vehicle, the keys shall be released to you.
(Further details attached)