PCP Scheme

I have a situation where an employee (me) is being forced to join a PCP scheme. I have a car which is now 3 years old, has covered 42,000 miles is a volvo estate and a high spec diesel. Can my employer make me join their PCP, which will force me into disposing of my car – which i don’t wish to do; meaning I will lose money on my car.

I am still within my probationary period (month 4 of 6). These schemes are credit agreements and i would have thought that no employer could coerce an employee into taking out a finacial contract for their benefit.

I do need a vehicle to perform my role as a Senior Major Account Manager.

Is there a point of law or precident to help me with this?

Desperately seeking help! Please phone with info or advice Mob: 07775 903 105 or email me: ralph.findlay@lineone.net

Thanks
Ralph
Ralph Findlay

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