Wanting to sell my Car whilst it's still on Finance

molerat

chanz4 wrote: »

sorry disagree as I tried to sell a car with 9k milleage , showroom condition and people didnt have the cash

chanz4 wrote: »

308cc sport

MSE News: Hard times in the hairdressing business

inmypocketnottheirs

chanz4 wrote: »

sorry disagree as I tried to sell a car with 9k milleage , showroom condition and people didnt have the cash

I bought a £5k car for cash in November.

27col

I bought a £13k car for cash last year. Lots of older people buy cars for cash.

27col

bouncydog1 wrote: »

Perhaps it was not everyone's choice - I wouldn't buy a skoda, or a fiat panda, or a Volvo, or a Mazda 2, or a Kia etc regardless of whether it was well priced and showroom condition - the cash is unrelated - just not my choice of car!

What was it by the way?

So, you don't like Fiat, Skoda,Volvo, Mazda, Kia, or Peugeot 308cc. Rather limiting your choice aren't you?

eschaton

chanz4 wrote: »

308cc sport

Bet you regret buying that car.


I bought a new GT in 2010 - biggest mistake ever.

bigadaj

27col wrote: »

So, you don't like Fiat, Skoda,Volvo, Mazda, Kia, or Peugeot 308cc. Rather limiting your choice aren't you?

Not really, there's still around 75% of the car market available after removing those Marques.

chanz4

eschaton wrote: »

Bet you regret buying that car.


I bought a new GT in 2010 - biggest mistake ever.

Only had it as a second car, wouldnt buy peugeot again

christof94

Sorry I haven't been on to check in ages!

Yes the figures are correct. There is no balloon payment at the end of the contract, I think because I traded my old car in + paid money upfront, and we haggled with ford they lowered the % we owe on top as it was low risk for them.

If I was to pay the remainder to the finance company in one payment and then sell the car and keep the money that would be fine? May have to look at doing that...

Looking to sell the car around July/August time.

Thanks for all the help as well! It's been really insightful.

Chris