PCP early termination

catsdex

Hi all,


I need some help!


We bought a Mercedes on PCP and are 18 months into a 4 year agreement. Unfortunately our circumstances changed quite quickly and we had to do loads more miles than we anticipated. Along with this the car is now going to be too small for our needs.


I don't know what the best option is..... ride out the remaining term and pay the excess mileage and hand back the car (if we did this option would we also be stung for the depreciation costs of the vehicle as we have done way more miles than we previously stated?)


Or is there any way of handing back the car early?


We are stuck on what to do for the best


Any advice would be very welcome


:-)

OddballJamie

Park it up in a rough area with a rival foot team's window sticker.

GJ_WRX

Speak to the dealer you got it from and see if they can do you a deal to get into a larger vehicle.

Their will be costs for the excess mileage and by being less than halfway though the deal I'm sure their will be penalties, however it will be in the dealers interest to find you the best deal and to make it as painless as possible.

ratrace

What i would do is get the car cleaned inside out

Then register with a few websites such as swap-a-lease if somebody is willing to take over your pcp deal, see below for more information thanks

http://www.swap-a-lease.co.uk/