miss sold car credit from ford

[highlander16]

Hi Every one,
In 2005 I was sold a car by Ford and told at the time that when my 3 years was up that I could carry on paying the installments for 2 more years and the car would be mine, today I find out that this is not true and that I would need to go to dealer and refinance the car to pay off the rest of what is owed. Where do I stand with the miss selling of the policy

[CheekyChops]

You need to be able to prove you were mis-sold the policy I would imagine. What does the small print say in the paperwork you were given at the time?

Surely if when the three years were up you carry on paying as usual for another 2 years, you are just having 5 years finance? In which case I don't understand why they split it into 3 and 2 years.

Normally with these type of deals you can either hand the car back after 3 years and pay nothing more or pay a final settlement fee and keep the car. I've never heard of one where you can keep paying for another 2 years and the car is yours - are you sure you weren't mistaken?

You really need to go through the original paperwork with a fine toothed comb.