Lots of people think they are stuck with a car until the finance is paid off. Usually that is not the case.
Get a settlement figure
Contact your finance company and ask for a settlement figure. This is the amount needed to clear the agreement today.
How the sale works
Once a price is agreed, the finance is settled from the sale and any amount left over is paid to you. If the car is worth less than the settlement, you would need to cover the difference.
Be upfront
Tell any buyer about finance straight away. We deal with this regularly and will talk you through it honestly when we come to see the car.
Frequently asked questions
- How do I get a finance settlement figure?
- Contact your finance company and ask for a settlement figure. This is the amount needed to clear the agreement today.
- What happens to outstanding finance when the car is sold?
- Once a price is agreed, the finance is settled from the sale and any amount left over is paid to you. If the car is worth less than the settlement, you would need to cover the difference.
Want your car valued properly?
A valuer visits you anywhere in Doncaster, and the price agreed on the day is the one you are paid.