BNPParabis VERY POOR practices on new van purchase.
I purchased a new van at the end of 2018 from Global vans on a three year term who have, unknown to me used BNPParibas as the leasing company to provide the finance. I have now had the van for the full term of three years and they have just took the final and very large settlement figure of £9000 out of my account. On speaking to accounts at BNP, despite what I was lead to believe as the full and final payment, they said to me that I would have to continue to pay another £460.00 + £48 admin cost every year as part of some sort of phase two lease term for ever until the vehicle is either scrapped, written off or sold and if it is sold they will require an additional 2% + vat of the final market value sale price.
So when you believe you are now the proud owner of your van after the three year term (paid in full), think again as you are not.
This agreement by BNP Parabis is a complete and utter con. Read the reviews for yourself.
You should NEVER use BNP for any form of finance what so ever. This company needs reporting to trading standards for FRAUDULENT practices..
It is a shame I can not leave a review rating for -5star or less..!!
BEWARE..!!
