Hi Glos Guy
That’s brilliant news and glad you’re sorted but could I ask what the actual wording is in the MB agreement statement is? I ask because I’m not sure the exact date that MB made these changes so I quote word by word my agreement to see if its the same as yours, BTW for dates my agreement started the last week of February 2023.
Agreement quote under the “Duration of Hirer” section…
“The Hire Term is for a minimum period of three years starting on the date of delivery of the Vehicle (the “Minimum Hire Term”), but continuing until either the expiry of the period of twenty four months following the Minimum Hire Term (the Maximum Hire Term”) or the date on which the Agreement is terminated in accordance with the terms set out in the Contract Hire Terms and Conditions (Ref T&Cs 01/22)(the “Conditions”), whichever is the earlier.”
Has the wording of this clause been changed?
I got two years to go before I face this situation and her in doors paid the £3.5k upfront AP and adaption under her conditions we keep the car longer than three years so would like to make sure I got it right so when you say “minimum term is 39 months with an option to extend by 24 months“ are you referring to the bit in the above quote saying “minimum period of three years starting on the date of delivery of the Vehicle (the “Minimum Hire Term”), but continuing until either the expiry of the period of twenty four months following the Minimum Hire Term”.
Not a legal eagle myself but that sort of suggests 3 year plus 24 months and I cannot find no other reference under T&Cs 01/22.
Of course if AP’s were to be a bit more reasonable in two years time all this would be academic but can’t see that myself.