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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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Original poster

Car payments

168 replies

Justme49 · 17/01/2022 10:56

My partner bought a new car two years ago and I've contributed monthly to it. He has paid the car off but I still contribute my monthly payment.
I have suggested I might like to get a newer car now. Either trade in current car or I'm happy to go it alone and get my own car in my own name.
He said you won't have a deposit though and I said I would be looking for a percentage of the monthly payments I have made. He went nuts and cannot see that I have contributed to his car and continue to do so.
The question is, am I right or wrong in thinking I am entitled to something back from the proceeds of sale.
Thanks for reading.

OP posts:

GreenLunchBox · 17/01/2022 12:32

You day you pay the wear and tear. What do you mean by that?

GreenLunchBox · 17/01/2022 12:32

*say

Viviennemary · 17/01/2022 12:33

This is a bit confusing. You want a newer car. The one you have got is only 2 years old. I think you are being very cheeky indeed. Pay him back what you still owe him for the car he bought for you to use.

GreenLunchBox · 17/01/2022 12:33

@Viviennemary

It was second hand when they bought it.

StarsAreWishes · 17/01/2022 12:34

This isn’t really just about the car, is it OP? What else are you wanting to tell us? I’m guessing there are other related issues? It’s OK to have a rant. We’ll listen.

girlmom21 · 17/01/2022 12:36

@GreenLunchBox

You day you pay the wear and tear. What do you mean by that?

She'll pay for MOT's and repairs.

Whatiswrongwithmyknee · 17/01/2022 12:39

As far as I understand, you bought a car to use together though it is in his name. He has paid for most of it thus far with you paying for the upkeep as you use it much more. You want him to sell it and give him the % back of what you have paid in versus what it cost or you want him to give you the % you paid from his saving/ earning. He does not want to sell the car.

Is this not you changing the deal you had when you bought the car? You're forcing him to pay much more for a car than he wants to and then you agreed he would?

GreenLunchBox · 17/01/2022 12:39

So yes, I've had full use. I already pay for all repairs, wear and tear etc

Girlmom this is what OP said. So as if wear and tear is separate to repairs. That's what confused me. Wear and tear is basically depreciation, so the owner pays that.

Loveisthere · 17/01/2022 12:39

Ok op have I understood this correctly dp purchased a car on monthly payments to which you contributed, now the car is paid off dp wants you to continue you to pay him for another 2 years so you have both contributed the same amount. You use the car more than him and pay for the upkeep . If I have got this right then I suggest you stop making payments to him because you pay for the upkeep. Stop being taken for a fool he sounds awful

Skeumorph · 17/01/2022 12:39

All a bit bizarre, but I'd probably look at what the repayments are now for the possibly slightly failing car that you are now essentially renting from him. If they're around the same as a hire agreement would be, I'd shrug and say right it's all yours mate, I'm taking my car hire money elsewhere.

CSJobseeker · 17/01/2022 12:41

This is insane.

What car would you be able to afford for yourself if you sold the existing one, and split the proceeds according to what you each contributed?

(E.g. if the existing one has a resale value of £15k, and you have paid your partner 70% so far, you would get £10.5k, and he would get £4.5k)

Do that, and buy your own car with your own money, with your name on the V5. It doesn't matter if it's an older model or whatever - you do not want to be in hock to a man who treats you like this.

Kennykenkencat · 17/01/2022 12:44

@littlefireseverywhere

Stop paying for it, get your own car. Most garages don’t need a deposit payment, you just pay higher monthly payments. He sounds a charmer.

I think it might work out that way if you buy but we lease cars and I suggest you do every connotation of months down, yearly mileage + paying for extra miles etc because it can throw up anomalies.

Leased a car about 4 years ago where if you put down 12 months deposit and added on the monthly payments for 3 years divided by the 36 months it was £18 per month more expensive than putting 1 month down and leasing for 2 years.

Just looking for lease deals atm We will do around 15000 miles per year. Going through all the figures for 1 car all the calculations came out at around the same figure
However if I put down 9 months deposit and leased for 3 years and said we would only do 12500 miles per year and then added in the extra 3x 2500 miles at the penalty per mile the payments over 36 months were £26 per month less than anything else.

I think by the time you have added up depreciation and all the costs associated with even a relatively newish car over 2, 3 or 4 years it can work out cheaper to lease.

Itsalmostanaccessory · 17/01/2022 12:45

If he wants you to pay equally into the car then it is your car too. So you get equal use of it. If you need a second car then he will need to pay into that. Or give you your money back.

This guy sound like a real bad guy to build a life with though. Cut your losses and walk away.

Thegrassisntalwaysgreener · 17/01/2022 12:46

@AlwaysinaFlap

You will have to see your money as if you were leasing the car on a PCP for the past two years.If it was that, you would hand car back and get nothing. If you continue with your partner get a living together statement drawn up as to who pays for what etc. Am I right in thinking you haven't paid 50% of it? What % and value have you paid?

This

Mumski45 · 17/01/2022 12:48

This is how I understand it. DP bought the car on finance via a monthly payment plan.
You paid him a lower amount monthly as you could not afford the full payments. The intention was that you would continue to pay the monthly payments until he got all his money back.
You have used the car as your own and have paid all upkeep.
You now want to change the car.
I think he should sell the car and he takes however much you still owe him for the monthly payments he paid out of the sale proceeds. Whatever is left should be given to you as a deposit on your new car.

If this is what you are saying then it appears to be perfectly reasonable to me.

girlmom21 · 17/01/2022 12:50

@GreenLunchBox

So yes, I've had full use. I already pay for all repairs, wear and tear etc

Girlmom this is what OP said. So as if wear and tear is separate to repairs. That's what confused me. Wear and tear is basically depreciation, so the owner pays that.

Oh I assumed she means new tyres, brake pads etc

Guiltypleasures001 · 17/01/2022 12:51

Your renting the car from him but not getting the benefits a lease car would give you

Your a mug and he knows it

Howshouldibehave · 17/01/2022 12:53

@Mumski45

This is how I understand it. DP bought the car on finance via a monthly payment plan. You paid him a lower amount monthly as you could not afford the full payments. The intention was that you would continue to pay the monthly payments until he got all his money back. You have used the car as your own and have paid all upkeep. You now want to change the car. I think he should sell the car and he takes however much you still owe him for the monthly payments he paid out of the sale proceeds. Whatever is left should be given to you as a deposit on your new car.

If this is what you are saying then it appears to be perfectly reasonable to me.

Yes, that makes sense.

irene9 · 17/01/2022 12:53

"Me personally, if it was other way around, I would have stopped taking his money the minute I paid the car off"
It would seem to the casual observer that you kept willingly paying the money over. Maybe you didn't know it was paid off?
I wonder why you did not stop paying at that point, maybe you'd hoped he offer to tell you to stop paying so you wouldn't have to make that decision.
Was it a direct debit just for the car going into his account or the car account or was it a general contribution to a joint account?

WeBuiltThisBuffetOnSausageRoll · 17/01/2022 12:54

No, I will never own any of it. He will sell it and walk away with all the proceeds.

Is that not the same position you'd be in if you leased, though? The lease company would walk away owning the car, then worth a lot less; with your payments being for two years' use of the car and two years' worth of depreciation?

Granted it's not quite the same thing if it's your partner - and I don't think lease companies expect to be able to drive it on occasion themselves whilst you're paying to lease it from them.

I think it also depends on how old the current car is, as lease cars are obviously new (or very nearly new) when you get them. If it's an old banger costing you a fortune in regular repairs, that might be a bit different - but then, if that's all you could afford; plus, if it is an old banger, he won't really be left with much of an asset anyway.

DrWhoNowww · 17/01/2022 12:55

@Viviennemary

I think you’re confused.

The car isn’t new, they’ve just had it for two years. It’s now starting to have maintenance issues, as OP pays for these problems not her “DP” then she wants to get a newer car that hopefully won’t cost as much maintenance.

OP thought she would be entitled to a percentage of the equity in the car based on the monthly contributions she’s made to the finance.

Legally OP you’re not unless you have something in writing. Morally you are and your DP is a financially abusive cheeky fucker.

Can you afford to lease/finance/buy outright a car for your sole use? If so I’d do that and hand the disputed car over to your DP to do what he likes with.

You can then use the new car to LTB.

Mumski45 · 17/01/2022 12:56

I suppose his issue may be that you still owe him as much as the car is worth as cars tend to depreciate quickly. Is this why he is saying you have no deposit as that would make sense.

By the way I am looking at this as a formal arrangement between two financially independent people. If you live together or have kids together it may not be so simple as family finances would be more entwined.

WeBuiltThisBuffetOnSausageRoll · 17/01/2022 12:57

"Me personally, if it was other way around, I would have stopped taking his money the minute I paid the car off"

It would seem to the casual observer that you kept willingly paying the money over. Maybe you didn't know it was paid off?

I wonder why you did not stop paying at that point, maybe you'd hoped he offer to tell you to stop paying so you wouldn't have to make that decision.

I'm somewhat confused, but I understood it that OP was only paying part of the loan payment and her DP the rest; hence when the car is paid off, it will have been paid off by both of them, not just her - and he's wanting her contributions to continue until he's been repaid for his own part of all the payments on a car that's effectively hers???

Staryflight445 · 17/01/2022 13:00

So what you’re saying is you can’t afford to pay for the car you have now and your dp pays for it for you, with you putting a small fee towards it every month.

But now you want a more expensive car?

Sirzy · 17/01/2022 13:03

How much did it cost?

How much is it worth now?

How much do you still owe?

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