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Scottish Trust Deed Forum
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Topic starter
03/04/2014 8:27 pm
Hi my trust deed is due to finish in September, 6 payments to go yipeeeee!!! The only thing is my car, I've been looking into the value of it and it is variable but has equity that will need to be realised at the end, which company does the Trustee use to value my car and when will they notify me of how they intend to progress? Thanks
L Campbell
03/04/2014 11:12 pm
Hi prenticebaby.
There's no default way that a trustee would value your car. Best to ask your trustee how they'll do it and when they intend to do so.
I wouldn't push on it too soon. Unless you're driving some sort of classic I'd imagine the value of it is trending down over time.