I can forsee some tears before this is finished with.

I'm sorry, but anyone who uses a hire car at £359 a day is asking for it. What was it, a Rolls Royce?

I think the owner of the Porsche is making life very difficult for himself. His distrust may cost him a fortune.

He deserves the 80k bill ! obvioulsy all flash & no cash when he wants to supply his own bits ! he should of got an independant inspector straight away & tried some negotiation! thats what I used to encourage.

The eraly cayennes did have trouble with some plastic pipes in the V & should be replaced when disturbed for the benifit of the customer!

This sounds more like April 1 to me. Roll on the new year.

I read that too.

Aside from the car hire it is very well researched vis position of starter and the possibility of damage to pipes.

Furthermore it addresses some interesting angles on repossession of a vehicle which is on hire purchase. If "Mr Rothschild" bought the vehicle in good faith and there was hire purchase outstanding this is one of the few scenarios where he could get good title.

The question is almost perfectly posed to test a law student - in respect of the recovery of hire, mitigation of costs and the ownership of the vehicle - which is why it originally attracted my attention and why I posted a link to it.

FWIW he has not contacted us.

Edited by LucyBC on 31/12/2010 at 12:21

The daily "credit hire" rate on a Porsche Cayenne (with turbo) approved by the ABI is £284.63 plus VAT. That rate would apply in the event of an accident but will not be recoverable in the event of a trade dispute.

Section 27 of the Hire Purchase Act 1964 (embodied as S22 of schedule 4 of the Consumer Credit Act 1974) says the first innocent purchaser has good title to goods on which there is outstanding finance but only if they have no knowledge of this.

S27:--

(1) This section applies where a motor vehicle has been bailed or (in Scotland) hired under a hire-purchase agreement, or has been agreed to be sold under a conditional sale agreement, and, before the property in the vehicle has become vested in the debtor, he disposes of the vehicle to another person.

(2) Where the disposition referred to in subsection (1) above is to a private purchaser, and he is a purchaser of the motor vehicle in good faith, without notice of the hire-purchase or conditional sale agreement (the "relevant agreement") that disposition shall have effect as if the creditor's title to the vehicle has been vested in the debtor immediately before that disposition.

(3) Where the person to whom the disposition referred to in subsection (1) above is made (the "original purchaser") is a trade or finance purchaser, then if the person who is the first private purchaser of the motor vehicle after that disposition (the "first private purchaser") is a purchaser of the vehicle in good faith without notice of the relevant agreement, the disposition of the vehicle to the first private purchaser shall have effect as if the title of the creditor to the vehicle had been vested in the debtor immediately before he disposed of it to the original purchaser.