> No. I bought a vehicle on credit in June. Of course they try to flog you
> insurance as it increases their profits. The unscrupulous may insist that
> it is mandatory.
>
> They do insist that the vehicle is comprehensively insured.

Signature
BMW K1100LT 750SS CB400F CD250 CB125 SL125
GAGARPHOF#30 GHPOTHUF#1 BOTAFOT#60 ANORAK#06 YTC#3
BOF#30 WUSS#5 The bells, the bells.....
chateau dot murray at idnet dot com
>> No. I bought a vehicle on credit in June. Of course they try to flog
>> you insurance as it increases their profits. The unscrupulous may
[quoted text clipped - 3 lines]
>
> My last lender didn't.
I've never seen a HP contract for a vehicle without a clause insisting on
comprehensive insurance. I used to sell vehicles, so I've seen a few from
different banks.
I checked my current one, issued by a HBOS subsidiary and it is very
clearly stated.
Was your last contract HP or a personal loan?

Signature
wessie at tesco dot net
BMW R1150GS
The Older Gentleman - 28 Nov 2007 22:32 GMT
> Was your last contract HP or a personal loan?
HP.
Can't remember a clause stipulating FC.
That said, maybe my credit rating and insurance record was good enough.
But I'm not sure, now you press for details, so ICBW.

Signature
BMW K1100LT 750SS CB400F CD250 CB125 SL125
GAGARPHOF#30 GHPOTHUF#1 BOTAFOT#60 ANORAK#06 YTC#3
BOF#30 WUSS#5 The bells, the bells.....
chateau dot murray at idnet dot com
Andy Bonwick - 29 Nov 2007 20:19 GMT
snip>
>I've never seen a HP contract for a vehicle without a clause insisting on
>comprehensive insurance. I used to sell vehicles, so I've seen a few from
>different banks.
My 10R was purchased using an interest free loan and my KTM is on a
low interest rate loan. Both loans were done through the dealer and
financed by Black Horse, both were on specific bikes and neither
required me to have comprehensive insurance.