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Can i settle my current car finance agreement early?

I have finance on my car now that was over a 4 yr period. I have only paid off 16 months but i want to get rid of it. Is there anyway of doing it and getting a new car?

Posted by Iain hewitson on 03/05/2011 @ 19:14

Hi Iain, Yes this is possible. Once you have made a car finance application with us we would need you to get a settlement figure from your existing finance company so that we can see how much you owe on your current agreement. Once this has been done we can give you a valuation on your vehicle. As we can take your car in part exchnage hopefully we'll be able to settle the finance off and get you into a new car. What car did you have in mind and how much do you need to borrow? Kind Regards, Edwin

Posted by Edwin Miles on 08/09/2011 @ 15:31

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my car finance was for 4 yrs. it is nearly 19 months finished. I would like to pay some money in advance. Is it right to do so? want to save some money.

Posted by Ishor on 25/11/2011 @ 11:14

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Hi Ishor, please call your finance company and explain that you'd like to setlle off some of the agreement early. They will advise you of the process and the steps you need to take. Good luck, Edwin

Posted by Edwin Miles on 25/11/2011 @ 11:15

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