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Car on HP just inherited some money.

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I bought a new car on HP 4 months ago and sadly my father has passed away leaving me and my sister the family home and some money.

Since we both already own homes we are selling and splitting the money.

I already have the value of the car HP so I don't need to wait for the house to be sold.

Do I just inform the HP company that I want to settle the HP and they will give me a setlement figure even though it has just been 4 months since I bought the car?



Comments

  • DrEskimo
    DrEskimo Posts: 2,436 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Yup, free to settle the finance whenever you like. As you say, request settlement figure and send the money.
  • sandyman80
    sandyman80 Posts: 29 Forumite
    10 Posts Photogenic
    I just bought a new car on HP, I got £2000 discount for using finance, they wanted full price for cash.

    I'm settling the HP when I get my car, I would pay more in interest than I am getting for the money sitting in the bank.
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