Jump to content


  • Tweets

  • Posts

  • Recommended Topics

  • Our picks

    • If you are buying a used car – you need to read this survival guide.
      • 1 reply
    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

      Please can you advise what I need to do today to get this done. 
       

      Many thanks 
      • 81 replies
    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
      • 161 replies
    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
        • Like
  • Recommended Topics

Black Horse Car Finance


SHELBELLE
style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4739 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

  • Replies 442
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

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.

Link to post
Share on other sites

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.

Link to post
Share on other sites

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.

Link to post
Share on other sites

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.

Link to post
Share on other sites

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.

Link to post
Share on other sites

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

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...