Can anyone give me advice, car finance!!!?

in a nut shell, had a car on tick we split up owed money but rang them and they said surrender the car and that,ll be it, they,re now saying they want 鎷?00 but they had the car back as they wud if they repo, do i have to give them more!!?

Can anyone give me advice, car finance!!!?

What paperwork were you given when they took the car back? If nothing is noted and you didnt sign anything the 鎷?00 may well have been the %26quot;interest that would have been collected had you not returned the car%26quot;

Quickest way to sort it is to ring them and ask what this 鎷?00 is for exactly, and where in the agreement does it state it.

If they cant tell you or mumble.....they cant do a thing!

Can anyone give me advice, car finance!!!?

Depends on if you want to keep your credit in tact.

Can anyone give me advice, car finance!!!?

Your question is hard to understand, but if I understand correctly, you%26#039;re asking %26quot;After I return a vehicle, can they send a bill?%26quot; and the answer is YES, they can.

You had a loan with the vehicle pledged against the loan. When you default, they take it back and sell it. If the sale doesn%26#039;t cover what was owed on the vehicle, you would owe the balance. You will also have a repossession on your credit report now, for the next 7 years.

Can anyone give me advice, car finance!!!?

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Can anyone give me advice, car finance!!!?

check what contract you have, you could had agreed to sell the car privately and give them the money, and potentially you would had some money made for your self.

depending to your contract, as you have given them the car, they can set the value below your borrowing so it shows you ow them more to pay. check your contract, and give them the offer you sell this privately, they need to tell you what you must pay till its over.

then raise if you need money by selling the car your self or raising finance your self this way is the best and cheapest

regrades