Need Advice on PCP - new to this site!
Discussion
Coming back to the OP, take a look at your PCP agreement and work out where the 50% VT termination point is, likely ~6 months before the balloon becomes due.
I would continue using the car as normal and then VT it when you've paid the required 50% (inc. interest & balloon), if you're VT'ing the contract the mileage is irrelevant as the contract no longer exists. You just need to make sure it is in reasonable condition for the age and mileage and that it has been serviced correctly (for your own peace of mind if nothing else).
That is going to be by far the cheapest option for you. Audi may try it on and attempt to charge you for the excess mileage but tell them to go swivel for it...you don't have to pay it
I would continue using the car as normal and then VT it when you've paid the required 50% (inc. interest & balloon), if you're VT'ing the contract the mileage is irrelevant as the contract no longer exists. You just need to make sure it is in reasonable condition for the age and mileage and that it has been serviced correctly (for your own peace of mind if nothing else).
That is going to be by far the cheapest option for you. Audi may try it on and attempt to charge you for the excess mileage but tell them to go swivel for it...you don't have to pay it
kiethton said:
Coming back to the OP, take a look at your PCP agreement and work out where the 50% VT termination point is, likely ~6 months before the balloon becomes due.
I would continue using the car as normal and then VT it when you've paid the required 50% (inc. interest & balloon), if you're VT'ing the contract the mileage is irrelevant as the contract no longer exists. You just need to make sure it is in reasonable condition for the age and mileage and that it has been serviced correctly (for your own peace of mind if nothing else).
That is going to be by far the cheapest option for you. Audi may try it on and attempt to charge you for the excess mileage but tell them to go swivel for it...you don't have to pay it
Fair wear and tear guidelines can be found here...I would continue using the car as normal and then VT it when you've paid the required 50% (inc. interest & balloon), if you're VT'ing the contract the mileage is irrelevant as the contract no longer exists. You just need to make sure it is in reasonable condition for the age and mileage and that it has been serviced correctly (for your own peace of mind if nothing else).
That is going to be by far the cheapest option for you. Audi may try it on and attempt to charge you for the excess mileage but tell them to go swivel for it...you don't have to pay it
http://www.bvrla.co.uk/service/fair-wear-and-tear-...
Always useful to have at hand
Also NEVER sign anything from the finance company to facilitate a Voluntary Termination - they will use weasel-speak to get you to legally commit to extra (mileage) charges. Use a templated letter which can be found by googling.
I would personally be uncomfortable about trying to VT a highish miles car (significantly over agreed miles) as i think they would be more inclined to pursue you relentlessly as its more in their financial interest to do so, and likewise i wouldnt be bothered with the hassle / stress of arsey threatening letters.
Edited by daemon on Thursday 17th August 15:37
Granfondo said:
daemon said:
Granfondo said:
It's funny how someone can read a post and pick out all the bits that they can twist to suit their argument which in fact bares no resemblance to what was in fact written!
Oh f
k me pink.Theres the kettle calling the pot black.
Oh and by the way, no thanks on your kind offer!
Edited by Granfondo on Sunday 13th August 19:11
ks on here just as much as anyone else no need to nasty is there!i mentioned the car as its no secret, i've posted on the alfa threads asking questions/advice. i mentioned i was in departures as i was inferring i don't spend my Friday nights without anything better to do than posting on an internet forum... but you took that as a brag. O wow i can afford to use an airport, I'm so boastful!
also i admitted i was a hypocrite.
theplayingmantis said:
yeah stop bullying me! i'm aloud to spout bks on here just as much as anyone else no need to nasty is there!
i mentioned the car as its no secret, i've posted on the alfa threads asking questions/advice. i mentioned i was in departures as i was inferring i don't spend my Friday nights without anything better to do than posting on an internet forum... but you took that as a brag. O wow i can afford to use an airport, I'm so boastful!
also i admitted i was a hypocrite.
You know something - you're right.ks on here just as much as anyone else no need to nasty is there!i mentioned the car as its no secret, i've posted on the alfa threads asking questions/advice. i mentioned i was in departures as i was inferring i don't spend my Friday nights without anything better to do than posting on an internet forum... but you took that as a brag. O wow i can afford to use an airport, I'm so boastful!
also i admitted i was a hypocrite.
I've removed my posts. Unnecessary rant. After all you do drive an Alfa so fair play.
daemon said:
theplayingmantis said:
yeah stop bullying me! i'm aloud to spout bks on here just as much as anyone else no need to nasty is there!
i mentioned the car as its no secret, i've posted on the alfa threads asking questions/advice. i mentioned i was in departures as i was inferring i don't spend my Friday nights without anything better to do than posting on an internet forum... but you took that as a brag. O wow i can afford to use an airport, I'm so boastful!
also i admitted i was a hypocrite.
You know something - you're right.ks on here just as much as anyone else no need to nasty is there!i mentioned the car as its no secret, i've posted on the alfa threads asking questions/advice. i mentioned i was in departures as i was inferring i don't spend my Friday nights without anything better to do than posting on an internet forum... but you took that as a brag. O wow i can afford to use an airport, I'm so boastful!
also i admitted i was a hypocrite.
I've removed my posts. Unnecessary rant. After all you do drive an Alfa so fair play.
ks, that can rub people up the wrong way, so no skin off my nose if people take issue with it. just be glad i havent dared venture into the brexit thread...
i dont drive an alfa, yet. the bloody thing hasn't arrived, with no definite estimate of when it will as the factories on holiday. Probably not even bult yet despite supposed to have been before the shut down.
theplayingmantis said:
no need for that, put em back up, im big enough to cope (the bullying comment suffixed by the ! was meant to be lighthearted) i dont care, its an internet forum. its water off a ducks back mate, i know i spout a lot of opinionated bks, that can rub people up the wrong way, so no skin off my nose if people take issue with it. just be glad i havent dared venture into the brexit thread...
i dont drive an alfa, yet. the bloody thing hasn't arrived, with no definite estimate of when it will as the factories on holiday. Probably not even bult yet despite supposed to have been before the shut down.
Well strength and health to enjoy when it does arriveks, that can rub people up the wrong way, so no skin off my nose if people take issue with it. just be glad i havent dared venture into the brexit thread...i dont drive an alfa, yet. the bloody thing hasn't arrived, with no definite estimate of when it will as the factories on holiday. Probably not even bult yet despite supposed to have been before the shut down.
Sounds like an amazing car!
Good to see Alfa back on form.
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