PCP term up . Returning car quey.
Discussion
Hi All,
I am coming to end of 3 year PCP term and want to hand car back. Now I know that i can get billed for wear and tear and indeed the alloy wheels are in a poor state and maybe one or two scratches bigger than their guidelines. The final finance figure is £3800 (Toyota Aygo) and worried that they may hit me with a big repair bill. Is it possible to change mind and pay off car if say they hit me with a bill for 1k ? Even if they have taken car away? Just wondering if I'm fretting for no reason but would rather buy the car than pay for a huge repair bill. Has anyone any experience on this?
I am coming to end of 3 year PCP term and want to hand car back. Now I know that i can get billed for wear and tear and indeed the alloy wheels are in a poor state and maybe one or two scratches bigger than their guidelines. The final finance figure is £3800 (Toyota Aygo) and worried that they may hit me with a big repair bill. Is it possible to change mind and pay off car if say they hit me with a bill for 1k ? Even if they have taken car away? Just wondering if I'm fretting for no reason but would rather buy the car than pay for a huge repair bill. Has anyone any experience on this?
Why not fix as many things as you can before giving back.
Alloy wheel refurbish is less than £75 a wheel.
Get a "Revive" to try to touch up as many obvious stone chips as possible.
( I have had a long scratch blended in to being almost invisible )
It is going to be cheaper this way - as any fixes they have to make will come with a markup.
Alloy wheel refurbish is less than £75 a wheel.
Get a "Revive" to try to touch up as many obvious stone chips as possible.
( I have had a long scratch blended in to being almost invisible )
It is going to be cheaper this way - as any fixes they have to make will come with a markup.
My experience of using BCA, returning a Mercedes SLK from MB Finance was very fair. Alloy scratches and door/trolley dings bigger than set guidelines and they didn't bother at all. With MB, BCA came out and did an appraisal a fortnight before. Anything they raised effectively gave you a fortnight to get it fixed. Chap that actually did the collection a fortnight later didn't even inspect it. Might be worth asking if that's an option?
rudebhoy said:
Well not looking for new car so trade in is not an option, but WBAC is an option but i would have thought there valuation may be pretty low. May as well get a quote I guess.
Its well worth a try. Also trade in should still be an option as dealers will buy cars from the public that they can then sell on themselves as used stock. Super Slo Mo said:
Hang on, be careful there, it's not your car to sell until you've made the final payment.
How it works is the dealer or WBAC or whoever will make the final payment on behalf of the OP to purchase the car. They'll ask if any finance is outstanding before agreeing to buy.WBAC quote was £3100 and that was me adding all 4 damaged alloys , one dent and 2 scratches. So £700 less than finance . Also been quoted £240 to get all 4 wheels refurbushed £60 a corner. So doing that and repairing the other odds and sods if i can in the time left its getting on for WBAC valuation. So do i take a chance that i will be billed less with TOYOTA finance or pay off the car and see through WBAC. Decisions
jimi said:
Toyota use BCA for their inspect and collect and they work to a tight set of criteria.
Fix the wheels and polish up the scratches as best your can and hand it back.
I had BCA collect my C1 - no mention of stonechips, a scuff or the totally blacked out rear windows.Fix the wheels and polish up the scratches as best your can and hand it back.
OP - I would check what the charges for stuff are; they're usually pretty reasonable and remember that you can always haggle.
My 2012 SLK went back to Mercedes last year and all four wheels were, IMO, a mess, I had a cracked light and some chips.
I checked the documentation before it went back and they only wanted 85 per wheel if they had to do them - bear in mind these are those diamond cut face AMG things - I doubt I could find anyone to do them for that price *. I just decided to leave them and pay, less hassle and cost.
When I did get billed I only got charged for two of the wheels (so already I'd saved money) and the light (which was reasonable) but it still came to about 400. I haggled with them. I got away with (I think) 108 quid.
- the chap who collected my car confirmed my belief that not getting the alloys fixed was cheaper - ALSO if you do have diamond coated jobbies and get them coated or painted and not with the proper diamond cut finish they'll bill you again to have them done proplerly. On that basis I'd leave them. Same thing for scratches - if they aren't fixed properly you'll get billed again and throw more money at it.
rudebhoy said:
Ah I see, I guess the best dealer would be the one i bought it off? i.e. Toyota Franchise?
Yep give them a try and any other local used car traders in the area. Don't mention the damage let them inspect it themselves. That £3800 GFV should really be the minimum its worth unless you've gone over the mileage. PCPs are usually designed so you have some equity left in the car at the end of the scheme.
Dog Star said:
I had BCA collect my C1 - no mention of stonechips, a scuff or the totally blacked out rear windows.
OP - I would check what the charges for stuff are; they're usually pretty reasonable and remember that you can always haggle.
My 2012 SLK went back to Mercedes last year and all four wheels were, IMO, a mess, I had a cracked light and some chips.
I checked the documentation before it went back and they only wanted 85 per wheel if they had to do them - bear in mind these are those diamond cut face AMG things - I doubt I could find anyone to do them for that price *. I just decided to leave them and pay, less hassle and cost.
When I did get billed I only got charged for two of the wheels (so already I'd saved money) and the light (which was reasonable) but it still came to about 400. I haggled with them. I got away with (I think) 108 quid.
Very interesting, The car is in very good state otherwise an it is also 3k miles under the allowance. but have seen some horror stories on various forums of people getting screwed by this. OP - I would check what the charges for stuff are; they're usually pretty reasonable and remember that you can always haggle.
My 2012 SLK went back to Mercedes last year and all four wheels were, IMO, a mess, I had a cracked light and some chips.
I checked the documentation before it went back and they only wanted 85 per wheel if they had to do them - bear in mind these are those diamond cut face AMG things - I doubt I could find anyone to do them for that price *. I just decided to leave them and pay, less hassle and cost.
When I did get billed I only got charged for two of the wheels (so already I'd saved money) and the light (which was reasonable) but it still came to about 400. I haggled with them. I got away with (I think) 108 quid.
- the chap who collected my car confirmed my belief that not getting the alloys fixed was cheaper - ALSO if you do have diamond coated jobbies and get them coated or painted and not with the proper diamond cut finish they'll bill you again to have them done proplerly. On that basis I'd leave them. Same thing for scratches - if they aren't fixed properly you'll get billed again and throw more money at it.
Thanks for all the replies got a few options to explore now.
Troubleatmill said:
It isn't unkown for the lease company phone up later and say something is dented,scratched etc
That's where everyone in this thread seems to be getting confused. It isn't a lease where you HAVE to hand back to the finance house at the end of the agreement and accept the damage fees. This is a PCP which is a different and much more flexible product with more options available. Troubleatmill said:
Oh. Take photos. Lots of photos with the day's newspaper
It isn't unkown for the lease company phone up later and say something is dented,scratched etc
See this is what leans me towards WBAC as at least i know where i stand . effectively a repair bill of £700. Or trade in . Handing it back seems a wee bit scary It isn't unkown for the lease company phone up later and say something is dented,scratched etc
Edit yep just to confirm its a PCP deal not lease
My PCP went back 6 months ago with 6 badly scuffed, diamond-cut alloys and a couple of stone chips.
Somewhere in Liverpool wanted £120 a corner plus a week of time to get them redone (so, £480) - the company ended up billing me £40 a corner for "refurbishment" - so I was quids ahead.
I'd just send it back - I bet you come out of it OK so long as you've treated it relatively well - unlike my wife's ability to park..
Somewhere in Liverpool wanted £120 a corner plus a week of time to get them redone (so, £480) - the company ended up billing me £40 a corner for "refurbishment" - so I was quids ahead.
I'd just send it back - I bet you come out of it OK so long as you've treated it relatively well - unlike my wife's ability to park..
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