Toyota Finance - Car loan question. Very concerned!

[postggj]

Well If Its A Fixed Sum Loan Agreement, The Car Is Your, You Can Sell It, Whatever

 

The Finance Co Has No Claim On It

 

Need To See How The Agreement Is Headed

 

Fixed Sum Loan Agreement

Hp Agreement

Conditional Sale

Get The Idea

[postggj]

I Remember This

 

This Is A Personal Loan To Buy The Car

 

The Car Belongs To You, Not The Fiace Co

 

So Why Are They Asking For It To Be Returned

 

They Have No Claim On It

[postggj]

Sorry Confused

 

Have The Finance Co Gone To Court To Ask For A Possesion Order

[postggj]

When And If The Court Claim Arrives, Use The Request Under Cpr 18 For All The Docs

 

They Cant Enforce This

 

Its A Loan Not Hp Agreement

[postggj]

i know you are getting confused but

 

if it was a hp agreement, it would have a termination section which would say how much you would need to pay back to voluntry terminate the agreement

 

your agreement does not have this

 

the agreement is a loan agreement and the car belongs to you, not the finance company

[postggj]

I Think They Dont Have An Agreement, You Requested A True Copy And They Are Now In Default

Thats A Perfect Defence

 

 

They May Issue A Court Claim But No Wories

 

This Is A Loan Agreement Not A Hp

[postggj]

Well As They Have Not Produced The Goods, They Cant Default, Charge, Sell, Demand Money Off You

 

Just Ignore Them Untill You Get A True Copy

 

Any Enforcement Is Illegal And Would Be Thrown Out Of Court

[postggj]

Do You Still Have The Car

They Have Not Taken It Back Have They

I Take It Was A Fixed Sum Loan Agreement, If So You Own The Car Out Right

 

Any Correspondants From These Cretins, Let Me Know

[postggj]

A Fixed Sum Agreement Will Not Be On The Hpi Register

 

The Finance Co Are Giving You A Loan, Not Hp To Buy The Car

Some Finance Companies Do Put It On The Hpi Register Until You Educate Them (welcome Finance)

 

If Its A Fixed Sum Loan Agreement, You Can Sell At Any Time With Out The Permissionof The Finance Co

[postggj]

Have You A Thread On This

[postggj]

Its Not Ge Or Black Horse Is It

[postggj]

They have registered their interest with HPI to keep an eye on the car - so that they are notified if you sell.

 

They are not really entitled to register an interest as they do not have title to the car as they would have with HP.

[postggj]

Have You Read The T & C

 

Ime Shooting In The Dark For Obviouse Reasons

[postggj]

Again This Is Wrong

 

They Cant Put This In The T&c

That Would Make It a Restricted Agreement

That Hp

This Is A Personal Loan Agreement

 

I Would Love What Regs Under A Regulated Cca Agreement They Are Quoting To Be Able To Do This

 

Its Either A Hp Or Fixed Sum Agreement

 

Cant Have A Bit Of Both

 

I Would Make Mincemeat Out Of Them In Court

 

They Have No Tital To The Goods Under A Fixed Sum Agreement

 

Period

[postggj]

interesting why the blanked out the heading

 

judge will want to know why

 

i can tell you now, thats no hp agreement

a regulated agreement would have a termination point on it

 

pay xyz and return the vehicle and owe nothing

 

thats a fixed sum loan agreement

 

what the curent state of play on this surfer

[postggj]

If This Goes To Court Ill Blow It Out The Water