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frosie90
Junior Member

285 Posts

Posted - 16 November 2009 :  20:55:30  Show Profile  Reply with Quote
My friend has a car on finance. It finishes in one years time. She is paying £135 per month but needs the car for her job due to travelling and shift work and unsociable hours. The car is worth approx £2.5k. Would she be able to keep this and continue with the payments as she cannot afford to buy a smaller, second hand car?
Many thanks

chester2005
Average Member



United Kingdom
786 Posts

Posted - 17 November 2009 :  00:36:21  Show Profile  Reply with Quote
most HP agreements have a no BR clause so that might be a problem, and more than likely the HP company will not allow it.
is it definately HP or a fixed sum loan agreement??
£2000-£2500 is normally allowable for work purposes but exactly how much is up to the OR


Dave

Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
RevivaUK helped me through it all i can't recommend them enough!!
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frosie90
Junior Member

285 Posts

Posted - 17 November 2009 :  20:10:29  Show Profile  Reply with Quote
Thanks for that Chester2005. i have bounced your post to her so she can see it. She is at court tomorrow so she will cross her fingers etc. Thank you for your advice.
Rosie
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chester2005
Average Member



United Kingdom
786 Posts

Posted - 17 November 2009 :  23:52:11  Show Profile  Reply with Quote
no problem Rosie you're welcome, let us know how she gets on... i'm sure she'll be fine with your support.


Dave

Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
RevivaUK helped me through it all i can't recommend them enough!!
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