Morning all,
I beleive you can have a PCP car finance car back after paying half? If that half the value of the car, or half the vavlue you agreed to pay in the term?
Info i have:
Vechile cash price £8,667 Less Advance payment (deposit) £500 Amoung of credit £8,167
Small print (total amount payable (comprising the advance payment,amount of credit, acceptence fee, interest and option to purchase is £9,882)
Monthly repayment £139 Payment term 41 Months
Final Payment £3,757
I took policy out 17/10/2013 Ends 17/02/2017
My current settlement fee to buy the car is coming out at £5,800
Can anyone help or give me some advice ... Trying to work out if i can hand it back or best to run the term? Thanks