Author Topic: Lease Vehicle  (Read 1279 times)

Ms Skint

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Lease Vehicle
« on: Aug 13, 2009, 04:05:25 PM »
I have a lease vehicle from Peugot, and am about 18 months into a 3 year business contract.  I can no longer afford this monthly amount. My last payment was stopped by the bank and I would like to send the vehicle back but am not sure if can. I have contacted Peugot but they have not got back tome. Has anyone else been in this situation?

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Re: Lease Vehicle
« Reply #1 on: Aug 16, 2009, 01:29:15 AM »
Is it just the lease vehicle payments you are strugglign with? Or others to?

My opinion on this is that if you cease paying the payments the lease company will reposess the vehicle and you will probably have an extra amount to pay for depreciation of the vehicle etc.
Raphael Gilbert
Head of Insolvency Divison www.ban