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  1. Hi Bitemarx. I would have the car serviced as it will be in the small print of your finance agreement that the car must be serviced as per the manufacturers service schedule. As to the cosmetics I wouldn't bother. The CCA says you must take reasonable care of the goods i.e. the car needs to be in a reasonable condition for it's age and mileage. If it's a few years old then nobody would expect it to be in the same nick as a new car. If they try to charge you for the cosmetics tell them that the dents etc. were there when you bought the car and let them try to prove that they weren't.
  2. Previous owner was a dutchman - Hertz Van Rental - running joke in the motor trade i'm afraid.
  3. As this is a loan agreement and not HP or Conditional Sale they have no right to record this on HPI. Phone them and tell them to remove the register record pronto or you will complain to the ICO. They seem to want it all ways but this is not allowed but is routine. 17 years car finance experience.
  4. I tend to remove the contents of company x and y envelope, put correspondence from x into prepaid envelope from company y and vice versa and put into post box. This then costs them the postage. If everyone did this junk mail would stop asap
  5. This will be a Stocking Loan which is used by dealers to purchase cars to help with their cashflow. Normal practise in the motor trade and they will remove it from HPI.
  6. Thankyou for looking at this but I think you are missing the point. Our angle of attack is that the prescribed terms are wrong on the finance agreement.
  7. £38543 owed and given £31500 so 8k shortfall. Court case rests on agreement being unenforceable due to prescribed terms being incorrect (amount and frequency of repayments) and rights to VT being curtailed to the detriment of my pal.
  8. He has already won a FOS judgement against the dealer. The FOS adjudicator concluded that the dealer "did not complete the finance proposal correctly which meant the deposit figure was not included in Mr #######'s finance agreement" The FOS also confusingly concluded that he suffered no financial loss as the total amount payable remained the same but surely this would only have been true had the agreement run full term. What prompted all of this was my mate wishing to terminate the agreement and him being told he couldn't without paying another 2 and a bit grand but if his 4 grand had have been on the agreement he would have been able to VT. All advice greatly recieved.
  9. Docs read as follows: Cash Price 25,668 Advance Payment 0 HP Charges £4675 Credit Facility Fee A £150 Credit Facility Fee B £90 Purchase Fee £10 Total Charge For Credit £4925 Duration 60 Months Total Amount Payable £30613 One Repayment Of £656.05 58 Payments of £506.05 Final Payment £606.05 APR 7.4% On the invoice the car is shown as £25478 Plus Tax at £210 for 12 months RFL There are no other extras, insurances etc. I need to know if s.75 of CCA 1974 applies to this agreement considering the price. What about the Misrepresentation Act. He has the Finance Company to deal with at court not the motor dealer and we need to know the best way to amend the POC to include the price being raised. Thanks in advance
  10. I'm currently trying to help out a mate with his HP agreement. Story as follows -: He bought a car on HP while at the same time part exing another car which was in a bit of negative equity. He wanted to keep his payments at a certain level and was told by the salesman that to do this he would have to chip in just over 4 grand which he did. 20 odd months down the line and he decides to voluntarily terminate the agreement but turns out he can't as the 4 grand is not shown on his HP agreement at all. He has proof that he paid this to the garage as he has his bank statements etc. from the time. The other strange thing is that the car which was advertised on Autotrader as being up for £22,995 is shown as £25,668 total cash price on his HP agreement. We have spoken to Autotrader and have an email from them to confirm this was the price. We have had an allocation hearing and the case has been fast tracked but we have been advised to amend the POC by the judge to better state these facts. I would appreciate any help with this.
  11. My 4 year old daughter provided the ultimate deterrent when she asked me if I was going to die soon. I had smoked for 26 years and was a committed smoker who had missed many significant moments in life worshiping before the tobacco altar including - to my eternal shame - my son's birth. I gave up (nothing) on the 12th of June 2010 with the help of Champix and my counsellor having tried to quit (half-heartedley) several times before. Do any of you remember how it is to deceive your loved ones that you have quit whilst secretly smoking? I did this numerous times. Be honest - quit only when you really want to - and don't lie to your family. If I can stop from 40 a day to zero you can do it as well. I am now a little heavier than when I smoked having rediscovered a love of chocolate/biscuits/cakes etc. I have recently also rediscovered a love of exercise and have begun cycling around ten miles a day 3 or 4 times a week which is helping with the weight and is also a lot of fun especially when the kids come with me. The most significant change post-smoking is the extra time I get to spend with my family. Do you currently dodge off once or twice an hour for 5/10 minutes for a smoke? All in all it has been the best experience of my life. I'm 40 now and hopefully haven't damaged my body too much and will live to enjoy my children/grandchildren to a ripe old age. If any young ones are reading this all I can say is no matter how much you are told not to start smoking the people telling you have your best interests at heart. It makes you smell, it costs a fortune and it really isn't an act of rebellion - it's an act of stupidity and a submission to big tobacco marketing. I have spent something like £50,000 on cigarettes in the past 26 years and all I have to show for this expenditure is a reduced lifespan and a lifetime of missed moments. I wish I could live the last 26 years again. I would not have started smoking and I would have cherished my loved ones more.
  12. This is the GE underwriting guide showing all of the secret commission rates paid to intermediaries. Don't ask me where it came from and I won't tell!! Rip off GE.pdf
  13. Seeing as how you managed to get up to number 11 in your catalogue of problems with this rip-off company without figuring out that it might be advisable to shop elsewhere may I suggest the following:- 1. Have a think about which item of consumer electronics you might wish to purchase next. 2. Save up the money required to purchase aforesaid item (This is the important bit). 3. I'm sure you have internet access so please read the online reviews regarding the item you have identified as your next assault on the electronics market and ascertain which manufacturer produces the product least likely to betray you. 4. Buy that product and enjoy many happy mindless hours of fun without the thing breaking down. 5. Repeat where neccesary or even just completely unneccesary. Completely on topic - The reason why this country is in such a financial mess is that the population has become accustomed that there is no requirement to work and save to aquire the goods and services that they are brainwashed into feeling that they need/want. Does anyone think that Gilbert's kids would be better parented should Gilbert spend a bit more time with them walking round the park or reading to them rather than worrying about their multiple laptops. Not having a go but if you are on benefits as a sole source of income why not save the cash up rather than pay later and waste your benefits on paying interest to these loansharks.
  14. They are the crookedest finance company in the UK. Please post up your agreement with your personal details removed - try photobucket. If your agreement is like most of Welcome's you have probably been sold loads of add on insurances without your knowledge or consent. I should know - I used to work for them and earn shedloads by bamboozling people. Something I'm not proud of. If anyone needs the full SP on how WCF operated before their timely demise please PM me and I'll PM back with all of their underhand tricks. Only applies if you bought your car from WCF own showroom.
  15. Hi post. The WCF showrooms were indeed treated just like any other dealer by WFS (the parent company). The commission was shown on UCS (the american designed in-house WCF deal booking system) as a discreet amount but never revealed to the customer. The parent parent company (Cattles) took the first £900 profit out of each deal but even accounting for that loss we still used to regularly book a £4k to £5k profit on each deal and I even saw and did deals that booked a £7.5k profit. In the old days the sales people (like me) were paid up to 21% of the profit so we were earning scary amounts of commission but it always stuck in the throat a bit. Get a SAR in - most of their docs are unenforceable. I spent 3 and a half years before joining WCF as a business manager at a large car supermarket and know FSA regs & CCA regs back to front and WCF's docs are the worst I've ever seen. No wonder they're going out of business.
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