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    • Regarding a driver, that HAS paid for parking but input an incorrect Vehicle Registration Number.   This is an easy mistake to make, especially if a driver has access to more than one vehicle. First of all, upon receiving an NTK/PCN it is important to check that the Notice fully complies with PoFA 2012 Schedule 4 before deciding how to respond of course. The general advice is NOT to appeal to the Private Parking Company as, for example, you may identify yourself as driver and in certain circumstances that could harm your defence at a later stage. However, after following a recent thread on this subject, I have come to the conclusion that, in the case of inputting an incorrect Vehicle Registration Number, which is covered by “de minimis” it may actually HARM your defence at a later stage if you have not appealed to the PPC at the first appeal stage and explained that you DID pay for parking and CAN provide proof of parking, it was just that an incorrect VRN was input in error. Now, we all know that the BPA Code of Practice are guidelines from one bunch of charlatans for another bunch of charlatans to follow, but my thoughts are that there could be problems in court if a judge decides that a motorist has not followed these guidelines and has not made an appeal at the first appeal stage, therefore attempting to resolve the situation before it reaches court. From BPA Code of Practice: Section 17:  Keying Errors B) Major Keying Errors Examples of a major keying error could include: • Motorist entered their spouse’s car registration • Motorist entered something completely unrelated to their registration • Motorist made multiple keying errors (beyond one character being entered incorrectly) • Motorist has only entered a small part of their VRM, for example the first three digits In these instances we would expect that such errors are dealt with appropriately at the first appeal stage, especially if it can be proven that the motorist has paid for the parking event or that the motorist attempted to enter their VRM or were a legitimate user of the car park (eg a hospital patient or a patron of a restaurant). It is appreciated that in issuing a PCN in these instances, the operator will have incurred charges including but not limited to the DVLA fee and other processing costs therefore we believe that it is reasonable to seek to recover some of these costs by making a modest charge to the motorist of no more than £20 for a 14-day period from when the keying error was identified before reverting to the charge amount at the point of appeal. Now, we know that the "modest charge" is unenforceable in law, however, it would be up to the individual if they wanted to pay and make the problem go away or in fact if they wanted to contest the issue in court. If the motorist DOES appeal to the PPC explaining the error and the PPC rejects the appeal and the appeal fails, the motorist can use that in his favour at court.   Defence: "I entered the wrong VRN by mistake Judge, I explained this and I also submitted proof of payment for the relevant parking period in my appeal but the PPC wouldn't accept that"   If the motorist DOES NOT appeal to the PPC in the first instance the judge may well use that as a reason to dismiss the case in the claimant's favour because they may decide that they had the opportunity to resolve the matter at a much earlier stage in the proceedings. It is my humble opinion that a motorist, having paid and having proof of payment but entering the wrong VRN, should make an appeal at the first appeal stage in order to prevent problems at a later stage. In this instance, I think there is nothing to be gained by concealing the identity of the driver, especially if at a later stage, perhaps in court, it is said: “I (the driver) entered the wrong VRN.” Whether you agree or not, it is up to the individual to decide …. but worth thinking about. Any feedback, especially if you can prove to the contrary, gratefully received.
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    • deed?  you mean consent order you and her signed? concluding the case as long as you nor she break it's conditions signed upto? dx  
    • Well tbh that’s good news and something she can find out for herself.  She has no intention of peace.  I’m going to ask the thread stays open a little longer.   It seems she had not learned that I am just not the one!!!!  plus I have received new medical info from my vet today.   To remain within agreement, I need to generally ask for advice re:  If new medical information for the pup became apparent now - post agreement signing, that added proof a second genetic disease (tested for in those initial tests in the first case but relayed incorrectly to me then ), does it give me grounds for asking a court to unseal the deed so I can pursue this new info….. if she persists in being a pain ? If generally speaking, a first case was a cardiac issue that can be argued as both genetic and congenital until a genetic test is done and then a second absolute genetic only disease was then discovered, is that deemed a new case or grounds for unsealing? Make sense ?   This disease is only ever genetic!!!!   Rather more damning and indisputable proof of genetic disease breeding with no screening yk prevent.   The vet report showing this was uploaded in the original N1 pack.   Somehow rekeyed as normal when I was called with the results.   A vet visit today shows they were not normal and every symptom he has had reported in all reports uploaded from day one are related to the disease. 
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Voluntary terminate car finance?


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I took a 4 or 5 year finance agreement on my car which ends a year in august. I cannot pay this and I am now getting into debt to make the payments. I have read that you can voluntary terminate the agreement after half the payments have been made. I'm just pretty sure it can't be that easy??? I do not want the car, I owe about 3600 and its worth approx 5000. I have no assets. Whats the worst that could happen to me? Thanks

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Yes you can terminate at anytime you like. If you have payed half the total contract price already and you have no arrears you should not be liable for any other payments.(providing the car is in reasonable condition for its age)

You need to write them a letter saying you wish to voluntarily terminate the vehicle under section 99 of the consumer credit act give them 14 days notice after which you will consider the agreement terminated , ask them to either collect the car or provide a convenient place where you can deliver it(within reasonable distance).

 

Some reading here.(and a template letter )

 

http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=16_hire_purchase_debt

 

Word of caution if they issue a default notice and terminate for arrears before you do this you will be liable for all sums due under the contract.

Edited by Dodgeball

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also

 

not got PPI/GAP/other useless insurance on the agreement have you?

or any PENALTY fees?

 

that might get the balance down too.

as all are reclaimable

 

who was the agreement with?

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Thanks for the reply. What proof of servicing will they need, and what do you think constitutes fair wear and tear?

 

I would send it recorded, you may find that they want you to fill in their paperwork, there is no reason why you should agree to this, as you are exercising your statutory right, but if it expedites matters you may decide to comply after carefully studying the contents. Personally I would tell them that they have had all that is required.

 

The act just says that you must have taken "reasonable care" of the goods. In vehicle terms , usual scuffs ware and tear on the body-work or interior are acceptable. Although they may not agree and you may have to argue the point once the car has been returned. I find that it is a good idea to take lots of pictures of the vehicle before return include something that identifies the date in the shot, a newspaper something like that, just in case.

Edited by Dodgeball

DO NOT PAY UPFRONT FEES TO COLD CALLERS PROMISING TO WRITE OFF YOUR DEBTS

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I do not want the car, I owe about 3600 and its worth approx 5000.

 

If the vehicle is worth more than the finance outstanding, why not sell the vehicle and settle the finance?

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If the vehicle is worth more than the finance outstanding, why not sell the vehicle and settle the finance?

 

Cant do that because it belongs to the dealer until the last payment is made.

 

If you wanted you could apply for an early settlement figure form the finance company, this late into the agreement i do not think you would save a great deal on the agreement price though.

 

If you did VT and the car is as you say I do not think you would have many problems with the dealer as they would be able to re-sell at a profit.

 

The problems usually occur when they sell the customer a lemon in the first place, and the half term price is peanuts against what the car is worth. This is when they generally kick up a fuss about a V T.

DO NOT PAY UPFRONT FEES TO COLD CALLERS PROMISING TO WRITE OFF YOUR DEBTS

DO NOT PAY UPFRONT FEES FOR COSTLY TELEPHONE CONSULTATIONS WITH SO CALLED "EXPERTS" THEY INVARIABLY ARE NOTHING OF THE SORT

BEWARE OF QUICK FIX DEBT SOLUTIONS, IF IT LOOKS LIKE IT IS TO GOOD TO BE TRUE IT INVARIABLY IS

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Cant do that because it belongs to the dealer until the last payment is made.

 

It belongs to the bank/lender not the dealer

 

If you wanted you could apply for an early settlement figure form the finance company, this late into the agreement i do not think you would save a great deal on the agreement price though.

 

You don't need to save a lot on the settlement figure if the settlement figure is LESS than the amount you can currently sell the car for...

 

If you did VT and the car is as you say I do not think you would have many problems with the dealer as they would be able to re-sell at a profit.

 

What does the dealer have to do with anything in this scenario???

 

 

As much as the bank own the vehicle until the final payment has been made,

you can get a settlement figure, with their permission you can sell the vehicle,

however the finance has to be settled.

 

You can get the buyer to pay over X amount to the bank which settles the finance

and passes title to you (provided its a HP/Conditional sale and not a lease)

and then get the buyer to pay you the difference.

 

this is not as complicated as it sounds and happens fairly regularly

- if you decide sell this vehicle to a dealer, it will be something they do every week.

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Close Motor Finance don't offer finance lease, so the agreement will be a conditional sale/HP agreement.

 

If I were you, I would see how much you can sell the vehicle for, get a settlement figure too and if there is positive equity in your favour I would not VT the vehicle, rather look for a buyer, sell and settle the finance and get something out for all your years of paying...

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The dealer usually process the collection and resale of the car. The issue of who owns the car is irrelevant, in fact they could be one of the same. The fact is that it should not be sold as it does not belong to the hire.

 

If you sell the vehicle whilst under finance you will be committing an offence.

DO NOT PAY UPFRONT FEES TO COLD CALLERS PROMISING TO WRITE OFF YOUR DEBTS

DO NOT PAY UPFRONT FEES FOR COSTLY TELEPHONE CONSULTATIONS WITH SO CALLED "EXPERTS" THEY INVARIABLY ARE NOTHING OF THE SORT

BEWARE OF QUICK FIX DEBT SOLUTIONS, IF IT LOOKS LIKE IT IS TO GOOD TO BE TRUE IT INVARIABLY IS

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It is with close finance

 

have you got gap/ppi/etc on this agreement?

 

might be you owe nowt?

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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The dealer usually process the collection and resale of the car. The issue of who owns the car is irrelevant, in fact they could be one of the same. The fact is that it should not be sold as it does not belong to the hire.

 

If you sell the vehicle whilst under finance you will be committing an offence.

 

 

This is totally incorrect. With a VT the bank will usually have an auctioneer collect the vehicle on their behalf for the vehicle to be sold at auction.

 

You can request permission to sell the vehicle from the bank and provided the finance is settled as part of the sale there is no offence committed...

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It belongs to the bank/lender not the dealer

 

 

 

You don't need to save a lot on the settlement figure if the settlement figure is LESS than the amount you can currently sell the car for...

 

 

 

What does the dealer have to do with anything in this scenario???

 

 

As much as the bank own the vehicle until the final payment has been made,

you can get a settlement figure, with their permission you can sell the vehicle,

however the finance has to be settled.

 

You can get the buyer to pay over X amount to the bank which settles the finance

and passes title to you (provided its a HP/Conditional sale and not a lease)

and then get the buyer to pay you the difference.

 

this is not as complicated as it sounds and happens fairly regularly

- if you decide sell this vehicle to a dealer, it will be something they do every week.

 

If you decide to do the latter option be very careful, if you sell to a dealer they will be wanting to re-sell at a profit, so it may not be in your interests.

 

It really depends on your individual circumstances, dealers in general do not like people who VT this is a fact, so beware of anyone who tries to tell you that this is not an option, it most certainly is.

DO NOT PAY UPFRONT FEES TO COLD CALLERS PROMISING TO WRITE OFF YOUR DEBTS

DO NOT PAY UPFRONT FEES FOR COSTLY TELEPHONE CONSULTATIONS WITH SO CALLED "EXPERTS" THEY INVARIABLY ARE NOTHING OF THE SORT

BEWARE OF QUICK FIX DEBT SOLUTIONS, IF IT LOOKS LIKE IT IS TO GOOD TO BE TRUE IT INVARIABLY IS

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It really depends on your individual circumstances, dealers in general do not like people who VT this is a fact, so beware of anyone who tries to tell you that this is not an option, it most certainly is.

 

Seriously? please differentiate between the bank (Close Motor Finance) and a dealer, they are in no way the same thing.

 

Dealers settle existing finance on behalf of customers all the time, what do you think happens every time a customer part-exes a vehicle that's got remaining finance? Obviously they will sell at a profit but for a hassle free way of getting rid if there is +ve equity in the vehicle this is a MUCH better idea than doing a VT

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Seriously? please differentiate between the bank (Close Motor Finance) and a dealer, they are in no way the same thing.

 

Dealers settle existing finance on behalf of customers all the time, what do you think happens every time a customer part-exes a vehicle that's got remaining finance? Obviously they will sell at a profit but for a hassle free way of getting rid if there is +ve equity in the vehicle this is a MUCH better idea than doing a VT

 

You seem to be trying to start an argument here by stating irrelevancies, the dealer at the point of sale will be the agent of the credit company he may deal with the collection of the vehicle, he may not, it is not at issue, the facts are as they are and as stated.

 

Yes a dealer may wish to part ex, the question at the head of this thread was related to VT and that was the information I provided,

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Sorry I missed the last biit it may be better than a VT but for whom, it depends on where within the agreement the hirer is , how much is outstanding , how much the car is worth , and what sort of a deal he can get.

 

Sometimes a VT is by far the best deal, which is why dealers associations have been campaigning so hard to get the facility removed from the statute.

Edited by Dodgeball

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DO NOT PAY UPFRONT FEES FOR COSTLY TELEPHONE CONSULTATIONS WITH SO CALLED "EXPERTS" THEY INVARIABLY ARE NOTHING OF THE SORT

BEWARE OF QUICK FIX DEBT SOLUTIONS, IF IT LOOKS LIKE IT IS TO GOOD TO BE TRUE IT INVARIABLY IS

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I am not wanting to argue. The OP came seeking advise regarding VT. He clearly states he owes approx £3600 and the car is worth approx £5000, if he found a buyer prepares to pay near enough £5000 (obviously settling the finance of £3600) the OP is £1400 better off than if he VT'd the vehicle. VT is the best deal for the customer when there is negative equity in the vehicle but not when there is positive equity.

 

Anyhow to avoid going around in circles and repeating myself any more than I have already. OP, ring up Close Motor and request a settlement figure, then establish what you can actually sell the car for, if you can get more than what's owed, no brainer, VT is not the best solution. however if you have negative equity (owe more than you can sell the car for) then you need to look into the VT option. You are able to VT the car if you have paid over 50% (your deposit + all payments) of the vehicle + ALL charges. Then provided the car is in good condition subject to expected wear and tear for a vehicle of its age then you need to write to the bank and state your intention to VT.

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I am not wanting to argue. The OP came seeking advise regarding VT. He clearly states he owes approx £3600 and the car is worth approx £5000, if he found a buyer prepares to pay near enough £5000 (obviously settling the finance of £3600) the OP is £1400 better off than if he VT'd the vehicle. VT is the best deal for the customer when there is negative equity in the vehicle but not when there is positive equity.

 

Anyhow to avoid going around in circles and repeating myself any more than I have already. OP, ring up Close Motor and request a settlement figure, then establish what you can actually sell the car for, if you can get more than what's owed, no brainer, VT is not the best solution. however if you have negative equity (owe more than you can sell the car for) then you need to look into the VT option. You are able to VT the car if you have paid over 50% (your deposit + all payments) of the vehicle + ALL charges. Then provided the car is in good condition subject to expected wear and tear for a vehicle of its age then you need to write to the bank and state your intention to VT.

 

 

Wouldn't want you to go around in circles :-)

 

The answer to the OPs question is yes you can VT it is a simple process, however you have to be careful, and ensure it is your best option, also beware that dealers do not like facilitating these so you may encounter some hostility.

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Just to clarify one last point it is quite OK to contact the dealer regarding the VT as said they are the agent.

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Close Motor Finance don't offer finance lease, so the agreement will be a conditional sale/HP agreement.

 

I am a bit confused now, does this mean that I can't VT because its close finance?

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I am a bit confused now, does this mean that I can't VT because its close finance?

 

Yes you can VT on a HP or conditional sale agreement.

 

Just send the letter and hand the car back.

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Seriously? please differentiate between the bank (Close Motor Finance) and a dealer, they are in no way the same thing.

 

Dealers settle existing finance on behalf of customers all the time, what do you think happens every time a customer part-exes a vehicle that's got remaining finance? Obviously they will sell at a profit but for a hassle free way of getting rid if there is +ve equity in the vehicle this is a MUCH better idea than doing a VT

 

Perhaps I made a mistake not responding to this and it has confused the Op, i did not want to fuel an off topic flame.

 

Yes seriously, dealers do not like VTs because usually they cost them money, maybe indirectly but it is most certainly it is a fact that they do whatever they can to avoid their obligations under the act.

 

The OP does not want to part exchange, he has indicated that he is finding it hard to maintain any payments and this would mean further liability.

If he did he would not get what the car is worth because obviously the dealer would want to re-sale and require a margin for the mark up.

 

So that leaves a private deal, the finance company owns the car, he cannot sell it without their permission, they would have to release him from his obligations under the contract, if he sold it without he would be selling their property so any money raised by the sale would be theirs, so why would they.

 

Sorry but it is really not that complicated.

 

Send the letter and take the car back it f that is what you want to do.

Or just send the letter and if anything untoward develops come back on here.

Edited by Dodgeball

DO NOT PAY UPFRONT FEES TO COLD CALLERS PROMISING TO WRITE OFF YOUR DEBTS

DO NOT PAY UPFRONT FEES FOR COSTLY TELEPHONE CONSULTATIONS WITH SO CALLED "EXPERTS" THEY INVARIABLY ARE NOTHING OF THE SORT

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Make sure you do it as a VT and not a VS

 

Sensible advice, voluntary surrender of the vehicle would mean that you were liable for all sums due under the agreement. Use the template letter and mention section 99 you will be fine.

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