Car Finance PPI

[nicho1120]

Can anyone help. I purchased my car back in February 2006. At the time I was told that I needed PPi as the car was for a large amount and that it would cover me if there were any problems with work or my health. I do believe that i filled in a questionnaire to say that i didnt have any alternative ppi cover and from that they suggested to PPi protection which i signed for. I felt a bit pressured into it at the time and now know from reading the forus that I dont need it. I have an excellent health PPi through work. I have already paid £17 per month for the PPi so far.The ppi is a monthly payment PPi and not a single payment policy.The PPi was organised through the car showroom. I have wrote to them to ask for the original ppi document as i never received one. It says that i can cancel the policy with 30 days notice. If i write to cancel will i get a refund of any payments, if not should i claim for mis selling. Not sure what to do?????

[nathal]

if it is a monthly ppi, you hould be able to cancel and not lose out alot unlike single ppi

unlike my single ppi policy

http://www.consumeractiongroup.co.uk/forum/ppi/103517-car-finance-ppi.html

[nicho1120]

Cheers Nathal,

 

What about claiming the money back that I have already paid ???

[MrShed]

What is your basis for them mis-selling? You cant say "actually, I already had PPI", the sellers of it did not know that unless you brought it to their attention, and indeed you were effectively asked the question outright when you signed.

[nicho1120]

I was told that I would have to have the PPI as it was quite a large amount. It was made out to me as though this was part of the deal. Also I have never received any correspondence with regards to the ppi. I never got anything with regards to the terms and conditions of the PPI. Surely i should receive this ????

[MrShed]

Well it is changed from "suggested" to "told" in two short posts - which is it?

[nicho1120]

It was very much suggested.In otherwords the gentleman was saying that I really should take take this out as the car was such a large amount. I felt from what the gentleman was saying that I really didnt have an alternative.