Negative Equity on my car

dibraggio

thanks for all the information guys.

particular thanks to Stirling.

hindsight is a wonderful thing. though at the time, the finance rate offered was as competitive as any bank loan or such like at the time.

now i am into the new year, i have been in contact with the garage that i bought it from and am awaitng them coming back with a "sensible" offer for the car.

i am now at the stage where i think that "cutting my losses" will be better.

unfortunately my work do not offer a cash alternative to a company car. its a "take it or leave it" scenario. as compensation for this though, they offer lucrative bonuses. swings and roundabouts really.