Car finance?
I currently have a car on finance and am thinking about selling it. i heard that you can sell your car back to your finance company? im unsure as to how to go about it, id be grateful if anyone could shed some light on this one.
Answer
I suggest that you ring the fin. company and ask for a settlement fig. and then sell it privately on condition that you will settle the finance before the exchange, as the buyer will check with hpi to see if the car is on finance. you can put it in part exchange, but you will not get a nice
deal, as the cost of finance is going to be even higher, unless you are lucky
to go for an interest free deal.
