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At which point can I VT PCP - Santander

Keith
Keith Posts: 2,924 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
Hi,

I'm sure it's available on the site but I can't find it.

Our PCP is 24 months + GFV.

If I was to VT my car PCP, is the half way point:-

1. Half of the total finance repaid - (GFV + 24 x monthly payment)/2

2. Half of the monthly payments due - month 13 of the deal?

Thanks
Keith

Comments

  • chanz4
    chanz4 Posts: 11,057 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
    check your agreement, as not so sure pcp has the half way VT
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
  • it's half of the total amount repayable - it's clearly shown on your documents.
    We've spent decades teaching people about their rights, but nothing about their responsibilities.
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