Black Horse Car Finance

[postggj]

sorry

 

missed you

 

catch up in a bit

 

regards

[SHELBELLE]

Ok thanks very much.

[SHELBELLE]

Bump

[SHELBELLE]

Postggj

 

Any luck with having a look for me please?

 

 

Thanks

 

S.B.

[SHELBELLE]

Could really do with some help the clock has started to tick quite fastly.

[SHELBELLE]

Postggj are you about???

[postggj]

Got Your Message

 

Give Me Half Hour To Go Over The Figures

[postggj]

I Realy Do Need My Eyes Testing

 

Can You Tell Me

1/ Amount Of Credit

2/ What Is The Apr

3/ How Many Months Is The Agreement Over

4/ Aceptance Fee

5/ OPTION TO PURCHESS FEE IF ANY

Do You Have Any Insurance Crap, IF ANY

[SHELBELLE]

Hi Post

 

Ok here goes

 

1) £18,443.80 is total amount payable.

 

2) 12.9% APR

 

3) 60 Months

 

4) £125.00 Acceptance fee

 

5) Can't see Option to Purchase Fee

 

No Insurance.

 

Just a reminder that I handed the vehicle back, and they terminated the agreement, but are stll claiming arrears and 1/2 Regulated Agreement price after Termination, I cannot see where it states this in the terms???

 

Hope you can help, I also have a statement with list of transactions should you need it.

 

Thanks

 

S.B.

[postggj]

what i need is the amount of credit, that is , how much did you get in your hand

 

looks like 12 k

 

please confirm

 

anyone care to jump in

 

this is the link to the agreement

 

Pictures by shelbelle123 - Photobucket

[SHELBELLE]

Hi Post

 

Sorry....

 

Cash price was £13,995.00, I paid £1,000.00 deposit so yes £12,995.00.

 

Also H.P charges £4263.80

Acceptance Fee £125.00

Purchase Fee £60.00

 

Total charge for credit £4448.80

 

Apr 12.9%, Interest rate 11.68% per annum.

 

Hope this helps.

 

S.B.

[postggj]

thats what i needed

 

give me half hour to run the figures

[SHELBELLE]

Ok thanks .

[postggj]

need a bit longer

 

checking figures again

its looking good for you

 

i need to know on the agreement

 

1/ monthly repayment

 

 

the hp charges are way out

[SHELBELLE]

Ok.

 

Fingers crossed.

 

1) Monthly repayment £289.73 x 59 and last installment of £349.73.

 

They are claiming shortfall of £5.535.09 as the arrears and 1/2 Regulated Agreement Price after Terminiation.

 

Thanks

 

S.B.

[postggj]

just making a brew

 

ime going to need it

[SHELBELLE]

Ok no worries, sounds like you deserve it too!!

 

My other concerns are that they are claiming 1/2 regulated agreement after terminaton, I am not 100% but thought they could only claim the arrears up to the termination point????

 

Thanks a million.

[postggj]

ive sent you a pm

 

i cant understand this 59 payments and then a final one

 

you have no option to purchase or insurance

[SHELBELLE]

Post I have sent what you asked for.

 

You will see the 1st payment, 58 payments and final payment on page 1.

 

Thanks

 

S.B.

[postggj]

much better now

 

i take it you have a purchase fee of £60

please confirm

[SHELBELLE]

Yes £60.00 incl vat.

 

Do you need the statement because there is other figures on there that have been taken in to consideration, i.e. the sale of the vehicle etc. Or are you happy to work with the H.P. figures for now?.

 

S.B.

[postggj]

just working on the figures

 

just about cracked it how they have disguised the figures

[SHELBELLE]

Ok I look forward to your next post, I am intrigued!!

[postggj]

so we have a loan of £12995 over sixty months (5 years) at 12.9 % apr

with an aceptance fee of £125 and an option to purchase fee of £60

 

so lets deal with the loan first

 

amount of credit £12995

interest will be £4425.83

monthly repayments £290.34

total amount payable £17420.83

 

so we add the interest £4425.83 with aceptance fee of £125 and an option to purchase fee of £60

that gives a total charge for credit of £ 4610.83

now add on the amount of credit £12995 gives

 

a grand total of £ 17605.83 total amount repayable

 

devide by 60 months gives a monthly figure of £293.43

 

 

i just cant work out how they got hire purchase charges of £4263.80

it should be £4425.83

 

taking a break for a bit

 

confused

[SHELBELLE]

Ok

 

I'll have another look this end.

 

Thanks

 

S.B.