Customer FAQs

If you are able to make this payment, please do so as soon as possible.

If you are struggling to make this payment, please contact us on 0330 303 0567 as soon as you can to discuss your circumstances and we can understand how we can help you. 

The arrears status of your account is reported monthly to the credit reference agencies. If you are behind or late with payments, this can mean it will cost you more or be harder for you to obtain credit in future.

Please contact us on 0330 303 0567 at the earliest opportunity to discuss how we can support you.

Yes – you can settle your finance agreement early and pay off the amount that you owe.

To request a settlement figure:

• You can log into ‘Manage my Account’ online, select ‘My Contracts’ tab and click ‘Get a Settlement Quote’, OR
• Call our Customer Service Team on 0330 303 0568

Your settlement figure will be valid for 28 days, after this time you will need to request another quote.

You can make the settlement payment by;

• Bank Transfer, visit Make A Payment for our bank details

You can request an interim statement by calling our Customer Service Team on 0330 303 0568.

Our team is available Monday – Friday, 9am – 6pm and Saturday, 9am – 1pm.

A payment at the end of your V12 Vehicle Finance Hire Purchase Agreement which, when paid, transfers ownership of the car from V12 Vehicle Finance to you, the customer. The option to purchase fee is added to your final monthly contractual payment. You can see the details of this payment in your Finance Agreement.

This is an optional payment at the end of your V12 Vehicle Finance Personal Contract Purchase Agreement, which, when paid, transfers ownership of the car from V12 Vehicle Finance to you, the customer. For PCP products this payment will be quoted in your Finance Agreement as the Guaranteed Future Value payment.

You will have confirmed and agreed your annual mileage allowance when you completed your application for finance, you will be able to view this detail in your Finance Agreement.

The annual mileage allowance you agreed at the time of application for finance will have influenced the Guaranteed Future Value of the car. Charges will be applied if you return the vehicle to us and the annual mileage allowance is exceeded, at a rate of pence per mile that is noted within your Finance Agreement.

No – as the Guaranteed Future Value of the care was influenced by the pre-determined annual mileage allowance at the time of application for finance, we are unable to change this figure.  If you are expecting to exceed your annual mileage allowance, you can determine the likely charges that would apply if you were to return the vehicle to us at the end of your agreement by reviewing the rate of pence per mile noted within your Finance Agreement.

At the end of your finance agreement, you have three options:

Option 1
Part Exchange – If the value of your vehicle exceeds the Guaranteed Future Value (GFV) amount, you can use the difference as a deposit towards another car. Your supplying dealer can help you with the valuation of your car.

Option 2
Buy – Simply pay the Guaranteed Future Value (GFV) amount to own the car.

Option 3
Return – Agree a handover date and return the car to us. Please note that additional charges may apply if you have exceeded the agreed contracted mileage or if there is damage to the vehicle that exceeds our wear and tear conditions.

Let us know at least 30 days before the end of your agreement if you do not intend to pay the Guaranteed Future Value so that we can support you with arrangements for returning the car.

You can find details of our complaints procedure and log your complaint on line here.

• Go to 'Manage My Account'.
• Log in.
• Select 'change my payment date'. 

You will then see a page confirming the date of your next payment.

Phone

Call us on 0330 303 0568 and our Customer Services team will be happy to help..

Our opening hours are Monday to Friday, 9am-6pm and Saturday 9am-1pm.

What you need to do after changing the payment date

• Please allow 10 working days for us to cancel your old direct debit and set up the new instruction.
• Check with your bank that:
  • the new payment has been set up for the correct date
  • the old direct debit has been cancelled.

This will ensure that you avoid missing or duplicating payments.

Call our Customer Services Department on 0330 303 0568.

Our opening hours are Monday to Friday, 9am-6pm and Saturday 9am-1pm.

Please allow 10 working days in order for a new Direct Debit instruction to be set up. We will cancel your old Direct Debit and you are advised to check with your bank that the new Direct Debit has been set up and the old one cancelled. This will ensure that you avoid missing or duplicating your payments.

Please note the account will need to be in the agreement holders name, we do not accept payments from a Third Party bank account.

• You can log into ‘Manage my Account’ online, select ‘My Details’ tab and click ‘Change My Address’, for details on how to do this visit our Manage My Account FAQs here.
• Write into us at V12 Vehicle Finance, Yorke House, Arleston Way, Solihull, Birmingham, B90 4LH, OR
• Call our Customer Services Department on 0330 303 0568.

Our opening hours are Monday to Friday, 9am-6pm and Saturday 9am-1pm.

• You can log into ‘Manage my Account’ online, select ‘My Details’ tab and click ‘Change My Phone Numbers’, for details on how to do this visit our Manage My Account FAQs here, OR
• Call our Customer Services Department on 0330 303 0568.

Our opening hours are Monday to Friday, 9am-6pm and Saturday 9am-1pm.

• You can log into ‘Manage my Account’ online, select ‘My Login Details’ tab and click ‘Change My Email Address’, for details on how to do this visit our Manage My Account FAQs here, OR
• Call our Customer Services Department on 0330 303 0568.

Our opening hours are Monday to Friday, 9am-6pm and Saturday 9am-1pm.

• You can log into ‘Manage my Account’ online, select ‘My Login Details’ tab and click ‘Change My Contact Preferences’, for details on how to do this visit our Manage My Account FAQs here, OR
• Call our Customer Services Department on 0330 303 0568.

Our opening hours are Monday to Friday, 9am-6pm and Saturday 9am-1pm.

If you would like someone else to act on your behalf in dealing with your Agreement, you can set up a third-party authority.

Examples of third parties include;

• your spouse or partner,
• a relative, or
• a professional carer.

It could be anyone who has responsibility for assisting with your financial affairs, or someone you trust and who has agreed to help.

You can set up a third-party authority by:

• contacting us on 0330 303 0567.

Our opening hours are Monday to Friday, 8am-6pm and Saturday 9am-1pm.

• We can also arrange for a letter to be sent to you with a form authorising a third party to discuss your account.

It is important that the third party is informed how we will use their personal information, this is explained in our privacy notice.

We recognise this will be a very difficult time and we will aim to support you through this process.

Please contact us on 0330 303 0568 to speak with one of our team.

Our opening hours are Monday to Friday, 9am-6pm and Saturday 9am-1pm.

You will need to consider whether you wish to settle the loan and keep the vehicle or if you would prefer to return the vehicle to us. Our team will be able to explain to you what each of these options will mean.

During the call our team will also request a copy of the death certificate.

Your agreement requires that you keep your car comprehensively insured at all times.

If you hold the V5 document for your vehicle, you can take it to Europe for up to 28 days without notifying us. If you wish to go abroad for a longer period than 28 days you will need to contact us to retrieve written permission.

Please contact our Customer Service Department on 0330 303 0568 for more information.

Our opening hours are Monday to Friday, 9am-6pm and Saturday 9am-1pm.

In the event of an accident, you should submit a claim to your insurer.

Should the vehicle be written off, we will provide a settlement figure to you and your insurer. 

You should instruct your insurance company to send all monies to V12 Vehicle Finance.

Please note you will be liable for any outstanding balance after the insurance funds have been applied, any excess in payment, if any, will be refunded to you.

You will need to maintain your monthly payments until the insurer has paid the funds to us.

If you have any questions, please contact our Customer Services Department on 0330 303 0568.

Our opening hours are Monday to Friday, 9am-6pm and Saturday 9am-1pm.

In the event of the vehicle being stolen you should inform the police and submit a claim to your insurer.

We will provide a settlement figure to you and your insurer. 

You should instruct your insurance company to send all monies to V12 Vehicle Finance.

Please note you will be liable for any outstanding balance after the insurance funds have been applied, any excess in payment, if any, will be refunded to you.

You will need to maintain your monthly payments until the insurer has paid the funds to us.

If you have any questions, please contact our Customer Services Department on 0330 303 0568.

Our opening hours are Monday to Friday, 9am-6pm and Saturday 9am-1pm.