This sounds like a very interesting concept. But how are you going to deal with the large number of old adverts on Carzone and Autotrader that can be up to 2 years old, regardless how long it says its been up for. This will damage the accuracy of your tool.
Also how much will this be to the public?

Regards
Paul

Thanks for your helpful comments Alan.

thanks Pat. We sent you some details to your email!

thanks Alan, it’s another interesting scenario. The Statute of Limitations may apply in a civil case such as this. No harm to consult with a lawyer, perhaps using some free legal service like the FLAC, to see if it might apply in your case. Sounds to us like there are other aspects which a lawyer would be interested to hear – the van was for company purposes and it was financed in your name. Presumably it was registered as a company vehicle. A lawyer on your behalf may be able to argue the van was, in fact, an asset of the company and as the company went into receivership then the debt outstanding should follow the company and not you personally. We can’t give legal advice, as you know, but perhaps no harm to have a chat with a legal professional.

Hi there Paul, thanks for the question. While we aren’t 100% certain we think you could hand the car back, under the half-rule, provided the arrears are cleared. Obviously you need to check this with the bank, and we’re not in a position to provide legal advice.

Hope this helps

It’s nice to be appreciated (even by spam bots).

Anthony Conaghan Cars,

no, it isn’t Jason. We’re working hard to make it illegal, as you probably already know, and we’re happy that politicians, at last, are listening to us. Getting the law changed is a long process

good question stephen. it depends on the bank. your best bet is ask them. you are right to treat the re-sale value seriously because some institutions have been known to sell below market value to “close a quick sale”

no problem Pat. Leave it with us

Thank you for a excellent article and it proves what we are seeing. We are trying to find a comparison between the number of licensed motorcyclists and the number of motorcycles on the road.

During your research for your article did you come by this information? Motorcycle Action Group Ireland (MAG Ireland) aim is to improve the image of the people who ride two and three wheeled transport and information like this can be of great help.

If you have some info in Excel format available that we could use, I would appreciate getting a copy.

Kind regards

Pat Whelan

hi regina, we couldn’t comment on the specifics, especially because you’ve mentioned the name of the bank! generally speaking it doesn’t appear as though the half rule would apply unless you had paid half the debt and then handed the vehicle back. what we can’t understand is how a vehicle you bought for 16,500 could be sold for 2,300 such a short time later. was the original market value of the vehicle inflated or did the bank not realise the market value when they sold it at 2,300? this is an important point. i am afraid it sounds to us like its a complicated situation. perhaps seek independent free legal aid advice. a lot of good lawyers do free legal aid work – this might give you an idea where you stand. as mentioned, we can’t deal with a specific matter like this. good luck

hi there, thanks for your email and your phone call. we hope the information we provided was useful

I have used the new passenger car (only cars of Japanese origin) registrations in Ireland for 2010, 2011 and 2012 from The Society of the Irish Motor Industry (SIMI) to try and see if cars registered for the tsunami period dropped but there was no such indication.

My supervisor wants more and better data, please sir could you help as I have searched the internet to no avail.

Best regards,

Addy.

US average car age is 10 yrs
Sweden is 10.2 yrs
Gernamy is about 8.5 years

AND they all have car industries which the Irish do not have.

It illustrates how the Irish are economically illiterate to artificially promote the purchase of new cars by a tax bias (CO2 ) and transfer 6Billion euro per annum out of their economy. It has major opportunity costs.

The Irish car age should be longer than car manufacturing countries …..

Rgs
ray

i am just looking for some advice please… i bought my car on HP through GE Money a good few years ago and after a year and a half i gave it back of my own free will as my husband lost his job…they sold the 05 car for 2,300 and i had paid 16.500 the year and half before for it so they tell me now i owe 13.300 and i offered to pay a 50 a month and they refused this and sold the debt to cabot financial… i cant even pay my mortgage never mind for a car i dont have….what can they do to me now ….. would i better off going to court as at least a judge will see i have no money….. and is it my fault that they sold my car for such a crazy amount at the start of the recession…..

thanks

hi liam, there’s probably nothing wrong (though you can’t be 100% sure) as we’re finding more and more issues with purchase of repo vehicles ranging from absence of official documentation to lack of service records. this is a reality in this particular sector of the market. resolving this issue will not be easy. we suggest getting (finding) a contact in ptsb to help you get in touch with the person/department in that bank that can assist. a simple communication between the bank and the department of transport might do wonders! good luck

hi eddie, we’re wondering whether the bank presumed you weren’t paying when you applied to reschedule the loan: we’re presuming you paid all your payments in 2011, even when you weren’t working? if it’s just the one payment you missed then that seems harsh. we suggest contacting the bank asap and sorting this out. to answer your question, yes, they can lift the car without your consent, and can do so anywhere