3 ms·
You're probably in breach of your finance agreement. A UK youtuber a couple of years back financed an M4, got some mods added, BMW finance called him up and sai
by nextweek2 6y ago
You're probably in breach of your finance agreement. A UK youtuber a couple of years back financed an M4, got some mods added, BMW finance called him up and said he had to pay the balance of the finance in 28 days.
He clearly didn't have the funds and was at risk of losing the car with all the added mods.
Nobody should consider they own a car if it's financed. But they are liable for the bad things that can happen.
- rootusrootus 6y agoFinanced vs lease are two different things. If you leased the car, then you don't own it, simple as that. If you took out a loan and bought the car, you do own it. There's a lien on it, sure, but that doesn't convey ownership unless you default and the car is repossessed.