Renault UK End EV Battery Lease Agreement: Difference between revisions
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*'''Battery Lease Background:''' | *'''Battery Lease Background:''' | ||
** New electric cars no longer come with battery leases. | **New electric cars no longer come with battery leases. | ||
** Battery leases were primarily available on Renault Zoe models (up to 2019) and early Nissan Leaf models. | **Battery leases were primarily available on Renault Zoe models (up to 2019) and early Nissan Leaf models. | ||
** Renault's battery lease was managed by RCI Bank, now known as Mobilize. | **Renault's battery lease was managed by RCI Bank, now known as Mobilize. | ||
*'''Battery Lease Terms:''' | *'''Battery Lease Terms:''' | ||
** Lease agreements require a minimum term (usually 1–3 years). | **Lease agreements require a minimum term (usually 1–3 years). | ||
** After the minimum term, the lease can be terminated with one month’s written notice. | **After the minimum term, the lease can be terminated with one month’s written notice. | ||
** The agreement mentions responsibility for battery removal and restocking fees but lacks clear details about additional costs. | **The agreement mentions responsibility for battery removal and restocking fees but lacks clear details about additional costs. | ||
*'''Challenges with Lease Termination:''' | *'''Challenges with Lease Termination:''' | ||
** '''''Process Issues:''''' The speaker faces difficulties even initiating the return process, as local Renault dealerships are unaware of the procedure, and Mobilize relies on these third parties without clear contractual obligations. | **'''''Process Issues:''''' The speaker faces difficulties even initiating the return process, as local Renault dealerships are unaware of the procedure, and Mobilize relies on these third parties without clear contractual obligations. | ||
** '''''Excessive Fees:''''' If the process progresses, removal costs are estimated around £450, with additional transport costs to France pushing the total to approximately £1,400. | **'''''Excessive Fees:''''' If the process progresses, removal costs are estimated around £450, with additional transport costs to France pushing the total to approximately £1,400. | ||
** '''''Legal Concerns:''''' The speaker argues that these transport fees are not explicitly mentioned in the lease agreement and are therefore unreasonable. | **'''''Legal Concerns:''''' The speaker argues that these transport fees are not explicitly mentioned in the lease agreement and are therefore unreasonable. | ||
*'''Legal Action Initiated:''' | *'''Legal Action Initiated:''' | ||
** A "Letter Before Action" has been sent to Renault, citing failure to fulfil contractual obligations, effectively trapping the speaker in a contract without a viable exit. | **A "Letter Before Action" has been sent to Renault, citing failure to fulfil contractual obligations, effectively trapping the speaker in a contract without a viable exit. | ||
** The speaker plans to pursue a "small claims court" case, seeking the battery’s buyout cost (£253.20) as a legal strategy to terminate the lease. | **The speaker plans to pursue a "small claims court" case, seeking the battery’s buyout cost (£253.20) as a legal strategy to terminate the lease. | ||
** ''Frustration of Contract:'' The speaker references the legal concept of "frustration of contract," where a party cannot fulfil their contractual obligations due to circumstances beyond their control. | **''Frustration of Contract:'' The speaker references the legal concept of "frustration of contract," where a party cannot fulfil their contractual obligations due to circumstances beyond their control. | ||
*'''Wider Consumer Impact:''' | *'''Wider Consumer Impact:''' | ||
** The speaker has created a Google Form to collect data from others affected by battery lease issues, aiming to identify patterns of unfair practices. | **The speaker has created a Google Form to collect data from others affected by battery lease issues, aiming to identify patterns of unfair practices. | ||
** Reports from viewers reveal widespread problems, including: | **Reports from viewers reveal widespread problems, including: | ||
** Inability to return leased batteries due to dealership incompetence or indifference. | **Inability to return leased batteries due to dealership incompetence or indifference. | ||
** Cases of insurance write-offs where battery leases remain active, as insurers failed to settle the lease. | **Cases of insurance write-offs where battery leases remain active, as insurers failed to settle the lease. | ||
** Consumers paying excessive fees to terminate leases or being forced to buy out batteries at inflated prices. | **Consumers paying excessive fees to terminate leases or being forced to buy out batteries at inflated prices. | ||
*'''Potential Class Action:''' | *'''Potential Class Action:''' | ||
** If a significant number of affected consumers come forward, the speaker suggests exploring broader legal action, possibly a class action lawsuit, to challenge Mobilize and Renault's practices. | **If a significant number of affected consumers come forward, the speaker suggests exploring broader legal action, possibly a [[class action lawsuit]], to challenge Mobilize and Renault's practices. | ||
*'''Options for Ending the Lease:''' | *'''Options for Ending the Lease:''' | ||
** '''''Buying out the battery:''''' Costs around £2,000, despite the market value being significantly lower (~£500). | **'''''Buying out the battery:''''' Costs around £2,000, despite the market value being significantly lower (~£500). | ||
** '''''Paying removal and transport fees:''''' Approximately £1,400, viewed as excessive and potentially unenforceable. | **'''''Paying removal and transport fees:''''' Approximately £1,400, viewed as excessive and potentially unenforceable. | ||
** '''''Legal action:''''' Using small claims court to dispute fees and force lease termination. | **'''''Legal action:''''' Using small claims court to dispute fees and force lease termination. | ||
*'''Additional Issues:''' | *'''Additional Issues:''' | ||
** '''''Resale Complications:''''' Difficulty transferring leases during car sales due to complex paperwork and delays from the finance company. | **'''''Resale Complications:''''' Difficulty transferring leases during car sales due to complex paperwork and delays from the finance company. | ||
** '''''Insurance Write-offs:''''' Cases where vehicles declared as write-offs still carry active battery leases, as insurance companies fail to settle outstanding agreements properly. | **'''''Insurance Write-offs:''''' Cases where vehicles declared as write-offs still carry active battery leases, as insurance companies fail to settle outstanding agreements properly. | ||
** '''''Potential Credit Risks:''''' Cancelling direct debits to end payments could harm credit ratings, even if legally justified. | **'''''Potential Credit Risks:''''' Cancelling direct debits to end payments could harm credit ratings, even if legally justified. | ||
** '''''Remote Disabling:''''' Renault reserves the right to disable the vehicle’s charging capability via telematics if lease payments are missed, provided the telematics system is functional. | **'''''Remote Disabling:''''' Renault reserves the right to disable the vehicle’s charging capability via telematics if lease payments are missed, provided the telematics system is functional. | ||
===Conclusion=== | ===Conclusion=== |