Advice please on PCP deal.

[Russian Hat]

I owe £13000 and the autotrader valuation is £14100 but I am assuming that the finance company will be like webuyanycar and say it's worth about £10k.

You can’t it back hater you are past the halfway period withou any penalty, it shouldn’t affect your credit rating. Hope it all goes well.

 

[BlueMoonday]

Out of interest, is this straight forward and would it impact your credit score?

I have a car on PCP which I'm 6 months in to (my 3rd from the same car manufacturer). I COULD be switching jobs to work in the centre which would remove my need for a car nearly completely...

 

[Jung the foreman]

If he’s in the last year of his 4 year deal he should be pretty much there.

Just ring your finance company and ask for the voluntary termination figure. I did this with my last PCP deal and it was about 3 years into my 4 year deal that I hit that mark.

He's only one year into a four year deal according to the op.

 

[Prestwich_Blue]

If he’s in the last year of his 4 year deal he should be pretty much there.

LOL. Which bit of "I'm almost a year in" confused you?

 

[willipp]

LOL. Which bit of "I'm almost a year in" confused you?

Its been a long week already.

 

[willipp]

He's only one year into a four year deal according to the op.

Yeah just realised, dumb ass moment of the day.

 

[ganganvince]

See what a dealer will offer you for car 2nd hand prices are through roof at moment might make a few quid.

 

[GazM]

See what a dealer will offer you for car 2nd hand prices are through roof at moment might make a few quid.

^This. Mate of mine did the same - quids in 6 months into the deal.

 

[Prestwich_Blue]

Its been a long week already.

I know! Just been completely confused by a work meeting my work partner set up.

 

[Prestwich_Blue]

See what a dealer will offer you for car 2nd hand prices are through roof at moment might make a few quid.

This. My ex bought a new car 12 months ago and has just swapped it for a better one as the dealer said it was worth £2k more than she thought it was. It was only a little VW Up as well and she traded it up to a brand new Polo.