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Car finance

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gaz06
gaz06 Posts: 85 Forumite
I have got a car on finance roughly 7ks worth!i have had it two months and i really dont enjoy it for the price i paid what can i do about getting out of the finance agreement?its with ford and i want to buy a cheaper car once i get rid of this one whats my options?

Comments

  • nuttyrockeress
    nuttyrockeress Posts: 1,260 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Try posting this on the loans board - this board is more for holidays etc and you probably won't get much advice on here

    L
    It's nice to be nutty but's more important to be nice
  • gaz06
    gaz06 Posts: 85 Forumite
    thanks i thought i was in that section sorry
  • asandwhen
    asandwhen Posts: 1,407 Forumite
    you wont be able to do much until half way through the agreement you will then be able to give the car back.
  • richardw
    richardw Posts: 19,459 Forumite
    Part of the Furniture 10,000 Posts
    Look up how much it is worth, hope it is economical.
    Posts are not advice and must not be relied upon.
  • harveybobbles
    harveybobbles Posts: 8,973 Forumite
    Get a settlement figure from the finance company. Can't give you much more advice really.
  • If it is Ford's own finance plan you are on you might be surprised..in a good way! They are one of the better ones in terms of rates and flexibility for termination. Just give them a call and ask what your options might be at this early stage, or the supplying dealer you bought it from will be able to advise you. However, if you are thinking of changing it for another Ford from the range you need to move very fast as all current Ford deals end on 30th June and a new pricelist is due out with increases across most models from 1st July...they may also change some of the current very good finance offers if they have a mind to, at the same time, so get your skates on!
    Official Company Representative
    I am the official company representative of DealDrivers. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
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