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Hire Purchase Agreement

Shazforgrub · 2009-04-13 18:59:42

Is there any easy way to extricate myself from a car hire purchase agreement? I am only 7 months into the plan and I can afford the repayments okay, but in a few months time I won't be able to afford them quiet so easily. I know I can try sell the car and pay off the balance, but my chances of selling a car in the current…

13-04-2009 6:59pm

#1

Shazforgrub

Registered Users, Registered Users 2 Posts: 102 ✭✭

Join Date: April 2009

Posts: 70

Is there any easy way to extricate myself from a car hire purchase agreement?

I am only 7 months into the plan and I can afford the repayments okay, but in a few months time I won't be able to afford them quiet so easily.

I know I can try sell the car and pay off the balance, but my chances of selling a car in the current climate are slim to none!!

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Comments

#2 15-04-2009 5:43pm

Pablo Sanchez

Closed Accounts Posts: 1,207 ✭✭✭

Join Date: May 2008

Posts: 1136

Im not sure its yours to sell.

Normally with hire purchase its just that.....you hire it untill you pay your last premium, then you have purchased it!

Could be different with cars, not sure

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