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Duke of Marlborough, owner of Blenheim Palace, has to return the keys to his £132,000 Porsche Cayenne after paying only for ‘half’ the car – despite being worth £188m
- The Duke of Marlborough has made no payments for a £132k Porsche Cayenne
- Volkswagen Financial Services sued the duke over the unsettled debt
- The Duke paid £67,721.64 on entering into a deal to buy the car in 2018
- An Oxford court ruled that the Duke had to return the car and pay £602 in costs
A district judge has ordered a £132,000 Porsche Cayenne owned by the Duke of Marlborough to be seized by a finance company after payments failed.
Charles Spencer-Churchill, owner of the spectacular Blenheim Palace, was not present in Oxford court for the request to repossess the top-class luxury car.
Volkswagen Financial Services UK Ltd took the Duke to court for a hearing to get the paid part of the car back after it was alleged he could not make the payments – despite being valued at £188 million.
The 12th Duke of Marlborough, Charles James Spencer Churchill, pictured, paid £68,000 for a Porsche Cayenne in 2018 and agreed to pay the balance in installments
He failed to pay the remaining £64,000 of the balance to the original £132k bill. to pay
The Duke, owner of Blenheim Palace, pictured, did not show up in court when the case was heard. He was ordered to hand over the car and pay £600 in costs
The Oxford Mail reported that Porsche Financial Services, trading as Volkswagen Financial Services UK Ltd, sued the owner of Blenheim Palace, claiming he owed almost £64,500 to the £132k Porsche Cayenne.
The newspaper reported that the Duke, whose name appears in court documents as Charles Spencer-Churchill, entered into the financial agreement in July 2018.
He paid £67,721.64 for the Cayenne EST Turbo Tip S car, which is just over half of the vehicle’s total price of £132,194.34. That left an outstanding balance of £64,472.70 to pay,” the newspaper reported.
“In court documents, Georgina Muschamp, for VW Financial Services, said a letter of formal notice had been served on the Duke last September informing him of the unpaid installments and warning him that the vehicle could be repossessed.
The agreement was subsequently effectively terminated in November.
Ms Muschamp said VW Financial Services lawyers wrote to the Duke in February that he would return the Porsche. The Defender [the Duke of Marlborough] refused and/or did not do so,” she said.
At the hearing, District Judge Richard Lumb ruled that the financial services company could recover the Porsche, which had been “incorrectly stored” by the peer. He was also ordered to pay £602 in costs by 13 September.
The newspaper said Blenheim Palace had been approached for comment, but no response had been received from the Duke or his representatives.