I took out an unregulated agreement to hire a car but I want to reject it - where do I stand?

I took out an unregulated agreement to hire a car last September on a business contract via my own limited company. Subsequently the car has developed an emissions fault, warning light and has to go back to dealer. The dealer has made three attempts to fix, but has failed. I wish to reject the car, but I understand that I won't be covered by consumer law, or finance as it's an unregulated hire agreement. Where do I stand on rejecting the car?

Asked on 7 January 2019 by WipeOut

Answered by Honest John
An unregulated hire contract is still covered by contract law so if you are hiring something that doesn't work that's a breach of contract and you can take the rental company to court to get the rental agreement terminated.
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