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Handing back a higher purchase car?
Hi guys!!
I know I can hand the car back after half of the repayment period so long as its in good condition.
However - can you hand the car back after this time and go back into the forecourt and choose another car under the same HP agreement?
In other words - can you ask the salesman what car you can have for the same monthly payment?
Cheers in advance!
Callum
I know I can hand the car back after half of the repayment period so long as its in good condition.
However - can you hand the car back after this time and go back into the forecourt and choose another car under the same HP agreement?
In other words - can you ask the salesman what car you can have for the same monthly payment?
Cheers in advance!
Callum
0
Comments
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What is higher about the car ?
Is it the suspension or have you blown the tyres up too much ?0 -
Don't think you can get a new car under the same finance agreement. More likely this agreement will need to be settled and a new one taken out on another car. If the value of your car is less than the amount owing on it you may be able to roll this negative equity over to a new agreement.0
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basically you exchange your car for a newer one but you start the finance from the beginning -ive got 12 months left to pay on my car and i swear if stoneacre ring me once more to "offer"this again I WILL PUT THEIR BLOODY WINDOWS THROUGH !This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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