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Should I pay off PCP on bike?
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Wishywashy74
Posts: 82 Forumite

Hi, so I have a 2024 motorbike I want to get rid off, I've taken it over 3 years PCP. I've recently advertised it and being very upfront about its still owed money to clear it off, I've stated on the advert I will clear the finance and ensure its clear if someone is serious about buying it and ensuring its clear before they go with the bike once they have bought it.
However I'm getting no interest in the sale other than constant queries regarding the finance. Should I just clear the finance and then re-advertise it, only thing is I'm going to have to fork out £12k to pay it off,, its worth a bit more than that so if I do sell I will reclaim it but its just the matter of the money leaving my savings account and having to wait to find a buyer.
Do you think it will make it easier to sell if there's no outstanding finance?
However I'm getting no interest in the sale other than constant queries regarding the finance. Should I just clear the finance and then re-advertise it, only thing is I'm going to have to fork out £12k to pay it off,, its worth a bit more than that so if I do sell I will reclaim it but its just the matter of the money leaving my savings account and having to wait to find a buyer.
Do you think it will make it easier to sell if there's no outstanding finance?
0
Comments
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Yes and yes.
Clear the finance and it will be easier to sell.2 -
I wouldn’t buy privately if the seller told me there was outstanding finance1
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photome said:I wouldn’t buy privately if the seller told me there was outstanding finance0
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