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Hi, welcome to JustAnswer. My name is Jo C, I’m a barrister with 12 years of experience and I am happy to help with your question today.
What is the fianance please?
No, the type of finance ?
I'm afraid I would need to know the exact type of finance. It would affect your options.
Can you call them and ask?
How far into it are you?
Thanks for the information
It depends really how you want to move this forward. The reality is that you don’t get to keep the vehicle at his expense.
He could just stop paying and then they will reclaim at some point. Hire purchase agreements are hard to terminate though I’m afraid.
You could speak to the hire purchase company about your options. Sometimes they will allow you to hand it back in the early stages because the car is still valuable. They might well refuse to engage at first but in the long run they would have to because if you can’t afford to pay then you can’t afford to pay. They can’t have money you don’t have.
Hope this helps. Please let me know if you need more information.
Oh that will clear the finance.
But if you can't do that they will have to be creative.
At least they are allowing you to sell though. They don't have to.