Skip to content

Car Finance Expert Q&A

Hi, I'm Edwin and I'm here to help you!
image description

Edwin Miles. Underwriting Manager

Car Finance Calculator

Calculate your loan immediately

close

How can I help you?

Do you have a question about Carfinance247 or its services? If so, please complete the form below for a response within 1 working hours. I have over 7 years experience working for Carfinance247 and have the responsibility to answer all questions asked.

Rejecting Car Finance Due to Faulty Vehicle

My father purchased a car from Skoda last year using a finance agreement. The car is used for business purposes (as a taxi) and this was disclosed at the point of purchase. The car has had a lot of faults, costing a lot of money and it's a known problem in VW engines. My father is losing money every day whilst Skoda repair the problem and he's at the point now where he is considering rejecting the finance. Where does he stand as ideally he wants the finance cleared, leaving him free to purchase a new car so that he can continue to work?

Posted by HK on

Answer.

Hi Hollie, apologies for the delay in responding. How old is the car? If it is under 3 years old Skoda should cover the major issues under manufacturers warranty. However, if it's older than 3 years old there's not a great deal that you can do other than get an independent inspection and get the car fixed once and for all. Also, if your father has had the car for less than 6 months then legally the car dealer has to put the problem right (only if it's a major mechanical problem). Please come back to me with the further information and i'll try and help you. Kind Regards, Edwin :-)

Posted by on
4/5

Rate Edwin’s advice.

image description

Do you have a question on this topic?

Ask a question or leave a comment on this topic below

Back to Car Finance Expert Q&A

Back to top