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whistleblower
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And lastly, we traded in our pervious car with them for £1000, however, when it came to signing the paperwork, they put down that they had only given us £1 for our car and when I asked why this was, the reply was "oh, its to do with VAT". Whats that all about? My husband is convinced its some kind of fiddle!! Can anyone shed any light on it?


This is general practise within car/finance companies. With there being no prices displayed on the cars, the actual price is over inflated by upto £2000. When a car is brought in for PX they offer the customer over inflated prices, however the true price given for the px can be, as in your case £1.00

This does save a large amount of VAT for the garage and also makes money at auction when the PX is sold.

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Are you having problems with Yes Car Credit or a debt collection agency?
Make your complaint direct to the Office Of Fair Trading and BBC1 Watchdog below:
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James.MacDougall@oft.gsi.gov.uk or telephone 08457 22 44 99
watchdog@bbc.co.uk or telephone - 020 8535 1000
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