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Trading in PCP early

Home Forums Car finance Trading in PCP early

This topic contains 1 reply, has 2 voices, and was last updated by Stuart Masson Stuart Masson 4 years, 3 months ago.

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  • #65651 Reply
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    Anonymous

    Hi guys – great website – very helpful.

    We are 24 months into a 37 month pcp on a qashqai, the cash value of which was £17,895. Through a deposit and a trade-in we put down £6,150, meaning we financed £11,745. It was a 0% contract at £147pm, with a GFMV of £6,421.

    We just wanted to know what our options are at this stage. The dealer has left a few messages and we just want to be sure of our position before we call back. It’s a good practical car, but also utterly soulless so a new car would be nice. If it makes more sense to see the agreement through then that’s no big deal.

    Thanks in advance,
    Keir

  • #65653 Reply
    Stuart Masson
    Stuart Masson
    Keymaster

    Hi Keir. Have a read of this article about settling your PCP early.

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