He admitted liability and forgetting my broken arm for now, despite being fully comprehensive insured, my insurer has valued my bike at less than I owe the finance company.

I have stopped paying Mr Finance Co. and told them they can do one. I don’t see why I have to pay for a bike I don’t have any more all because of some little muppet in a Micra. Why shouldn’t he pay?


Firstly, I feel your pain as I got nailed on my new Bandit 600 years ago about three months after I got it. However, your finance company can take you to court and would win if you do not repay them.

While it is unfortunate that you have to pay off a Ducati you no longer have,you have an agreement to repay Mr Finance Co. the money that originally paid for your bike. Think of it in terms of a bank loan i.e. if you borrowed £10,000 over three years, but failed to make the payments the bank could sue you. My advice is get in contact to start paying.

Andrew Prendergast

Motorcycle Monthly June 2015