Car finance

jinty28

I have 10 months to pay on a car loan but the engine has blown. Can I hand the car back?

Keep_pedalling

Handing back a knackered car won’t clear the finance. What sort of finance is it?

jinty28

The finance is with Black Horse. Does this help?

fatbelly

Is it just a loan? In that case, it's your car and your problem

Cit6

Is it a personal loan? If so no. 
Out of interest, what makes you think you can hand the car back and stop payments?

Ayr_Rage

jinty28 said:

The finance is with Black Horse. Does this help?

Not really.

You need to say what type of finance contract you have, PCP, HP, etc and how long is the contract.

If the car has failed due to a pre-existing or inherent fault you may have so comeback, what is the failure?

What is the make and model, how old and what mileage?

Edi81

Maybe..find the agreement and see what 50% of the total amount payable is.  You may be able to voluntary terminate. 

Ayr_Rage

Edi81 said:

Maybe..find the agreement and see what 50% of the total amount payable is.  You may be able to voluntary terminate. 

Not if it has a blown engine!