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After some PCP advice please.

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Comments

  • Mercdriver
    Mercdriver Posts: 3,898 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    aaron125 wrote: »
    Hello Merc,

    Yeah i browse these forums every now and then for a lot of great advice and very occasionally post.

    Thank you for your advice, it would be a case of trying to get the settlement price for the car and basically trying to walk away with no gain or loss, ive read a lot regarding selling a vehicle with PCP on the car and as stated in my original post, i know it will be hard to sell and get someone to pay the finance company rather than me paying them and hoping it sells.

    In regards to the 0% credit card option, it is very unlikely to get a credit card with a £10k+ limit from the get go.

    Thank you for your suggestion and positive input :)

    You could possibly get one for say £4k, and then use £3k to pay off the negative equity and then private sale the rest with the buyer paying the finance house over the phone.
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