You have the right to hand the vehicle back to the finance company as part of a voluntary termination at any point during your agreement – if you have not already paid 50% of the total amount repayable (not the amount borrowed as you have to include interest and fees) you will need to make a payment that means that half of the total amount repayable has been paid.
The finance company cannot charge you an extra fee or fine for this. However you will be responsible for paying any arrears and any amount arising if you have breached the obligation to take reasonable care of the vehicle.
Reasonable care may include but may not be limited to: dents or scratches on the car; making the car road legal (including MOT); and paying for any excess mileage you have done (as stipulated within your agreement).
I hope that helps and if you need car finance moving forward please come back to us and make an application. If approved, we offer a no obligation quote and you can buy a car from any dealer. Kind Regards, Rachel