Quizzes & Puzzles1 min ago
Fair wear and tear on a previously owned car?
Hi i am voluntary terminating my cars HP contract as i am halfway through payments but the finance company says i am liable for fair wear and tear.The car was 3 years old when i purchased it and had slight scuffs on the front steel wheel and a scratch on the rear spoiler.I have maintained all aspects of the car which is now 6 years old including servicing and repairs.Am i responsible for the scuffed wheel and scratch on the spoiler which was already there when i took out my agreement.
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For more on marking an answer as the "Best Answer", please visit our FAQ.Hi i also purcahes the car at my local arnold clark whom gave no report on vehicle condition and advised me to go with this HP agreement as i could simply hand the car back halfway through and get another one.This was my first HP car and im just worried what sort of bill the HP company will provide.
Ask the lease company whether they follow the BVRLA fair wear and tear guidelines.Most do, you can download a copy and you will know exactly what you will be charged for.Get any repairs done before the hand back or you will be invoiced later...and at a far higher cost.As said any pre-existing damage may be charged to you if its outside the guidelines.
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