I'm in a very sticky place financially. I am trying to sell kit as I can't pay the finances, one big one due in 6 weeks that I can't pay. I just wondered if anyone on here could give any advice on what happens if the HP company repossess the tractor?
What do the finance company do with it, how do they sell it - it's worth around £50k but how much can I expect them to get for it?
By how much should I drop the price to try to move it before they come take it?
A dealer is trying to sell it for me atm but he says there are no buyers around - been a bad year for many.
Any other advice appreciated. Many thanks
What do the finance company do with it, how do they sell it - it's worth around £50k but how much can I expect them to get for it?
By how much should I drop the price to try to move it before they come take it?
A dealer is trying to sell it for me atm but he says there are no buyers around - been a bad year for many.
Any other advice appreciated. Many thanks