It has however been known that on the finance house' discresion they can choose not to reposses the vehicle, this is purely their choice and it is based upon the financial implications of repossesing the car, for example, if �500 is outstanding then they would more than likely waive this amount as it is more trouble than it is worth. However, if it is �10,000 outstanding on the car then they will have it back, guaranteed.
As I have stated, LEGAL TITLE remains the finance companies until all payments have been made.