Help selling car/getting out of Just Add Fuel

samc01

Hi,
I need advice on where/how to sell my car or advice on how to get out of the Peugeot Just Add Fuel Scheme. I've recently entered into this scheme which is for 3 years but now have the opportunity to work in Australia for year or more but I can't afford to keep paying for the car and I can't seem to get a buyer either.

So far I've tried Autotrader which was useless and expensive. Ebay got me a bit of interest but no sale and Gumtree, nothing. I'm about to try dealerships but they're going to massively undervalue the car.

The JAF scheme is non-transferrable.

Has anyone been in the same situation and found a solution?

Thanks in advance

jimjames

If you can't get a buyer then the price is too high for the car. To sell you'll have to drop but it will have lost a lot in depreciation.

bigjl

samc01 wrote: »

Hi,
I need advice on where/how to sell my car or advice on how to get out of the Peugeot Just Add Fuel Scheme. I've recently entered into this scheme which is for 3 years but now have the opportunity to work in Australia for year or more but I can't afford to keep paying for the car and I can't seem to get a buyer either.

So far I've tried Autotrader which was useless and expensive. Ebay got me a bit of interest but no sale and Gumtree, nothing. I'm about to try dealerships but they're going to massively undervalue the car.

The JAF scheme is non-transferrable.

Has anyone been in the same situation and found a solution?

Thanks in advance

Why are you trying to sell a car that you don't own.

Unless somebody on here has had a Just Add Fuel deal then nobody will have access to the T&C which you have access to.

A first option would be to make contact with the owners of the vehicle.

You will likely have to pay a substantial sum for breaking the contract.

bigjl

jimjames wrote: »

If you can't get a buyer then the price is too high for the car. To sell you'll have to drop but it will have lost a lot in depreciation.

You can't sell a leased vehicle.

Only speak to the lease company and read the contract you signed to see what options there are.

Who on here would buy a car on lease used via an advert?

daveyjp

OP. The car isn't yours to sell and if the scheme is still as originally advertised never will be.

Your only option is to pay off what you owe.

motorguy

bigjl wrote: »

Why are you trying to sell a car that you don't own.

Unless somebody on here has had a Just Add Fuel deal then nobody will have access to the T&C which you have access to.

A first option would be to make contact with the owners of the vehicle.

You will likely have to pay a substantial sum for breaking the contract.

The Just Add Fuel scheme is a PCP deal, not a lease.

http://www.offers.peugeot.co.uk/just-add-fuel/108-3-door

daveyjp

Some just addfueldeals are leases, as at the end of the monthly payment period a small annual payment is still required and the ads state that you will never own the car.

OP needs to know which scheme they are on.

motorguy

daveyjp wrote: »

Some just addfueldeals are leases, as at the end of the monthly payment period a small annual payment is still required and the ads state that you will never own the car.

OP needs to know which scheme they are on.

I would suggest the O/P does know what scheme they are on - others have been confused - hence why they are talking about "selling" the car.

londonTiger

eeeeepeople say that pcp/lease is so convenient, you just drive the car for qa fixed term and then just walk away and get a new car.

WRONG. They seem to be very rigid and inflexible. When your circumstances change, you want to go abroad, lose your job, become ill long term, need to get a bigger/small vehicle. You are basically stuffed.

Nothing is more liberating than paying for a car outright in cash and just being able to sell off the vehicle when you no longer need the car.

motorguy

londonTiger wrote: »

eeeeepeople say that pcp/lease is so convenient, you just drive the car for qa fixed term and then just walk away and get a new car.

WRONG. They seem to be very rigid and inflexible. When your circumstances change, you want to go abroad, lose your job, become ill long term, need to get a bigger/small vehicle. You are basically stuffed.

Nothing is more liberating than paying for a car outright in cash and just being able to sell off the vehicle when you no longer need the car.

They're a commitment for a fixed period of time. If you cant commit to that period of time - for example because perhaps you have plans to travel or start a family - then dont take out a PCP. Simples.

For 99% of people who understand that, then a PCP works for them, and works well.

My work circumstances change with every contract - i've worked from home this past 8 months and maybe next time i'll have to travel and stay over during the week, or it could be a 120 mile return commute, thus in no way would i want to commit to a PCP deal at the moment - even though i have in the past, however that doesnt mean i'm so blinkered that i cant see that it can work for others.

Having bought my last four cars with cash, it surprises me that you say "there is nothing more liberating than paying for a car with cash". Sounds like you lead quite a dull life? It doesnt even make my top 100 experiences.

Hintza

londonTiger wrote: »

eeeeepeople say that pcp/lease is so convenient, you just drive the car for qa fixed term and then just walk away and get a new car.

WRONG. They seem to be very rigid and inflexible. When your circumstances change, you want to go abroad, lose your job, become ill long term, need to get a bigger/small vehicle. You are basically stuffed.

Nothing is more liberating than paying for a car outright in cash and just being able to sell off the vehicle when you no longer need the car.

Some of us plan further ahead than the next month, I know for the snowflake generation that is hard to understand.