First Response Finance - Penalty Charges

foreveraloe · 3rd July 2007, 20:56

I have a hp agreement with First Response which is due to finish August 2007. I wanted to pay it up now as I want to sell the vehicle as I am buying a new one (not on finance I hasten to add). I called them yesterday for a figure and was told it was £750! When I questioned this I was told that there were charges of £360 on the account which I knew nothing about. I was then told that I would not be able to dispose of the vehicle until the £750 had been cleared.

Now, I'm not sure if this is correct or not. Surely, if I've paid all the payments (4

including the transfer fee, then the vehicle becomes mine and I can sell it. Can First Response basically hold me to ransom for the charges as well before they will release their rights over the vehicle.

Any advice on this would appreciated because I really want to sell the car as soon as pos, tax runs out end of July and I don't really want to have to re-tax it.

foreveraloe · 4th July 2007, 20:26

Anyone got any advice on this please??

CAG Products - We think that these will help you to make your claim or Reclaim your Right These sales also help us to keep helping YOU and keeps this site free of third party adverts!

Small Claims Kit	Small Claims Court Guide New Edition	CallBurner - Skype CallRecorder Review	Last Will & Testament Kit	Fight a Motoring Ticket

Alternatively you could purchase a CAG email address here, or maybe you'd prefer our address labels here
UPDATE: Consumer Forums ConsumerWiki is now LIVE - click here: ConsumerWiki N.B. Please note - due to postage costs these products are only available in the U.K.