Selling a car on finance
Selling a car which is on finance can be confusing and you may not even know if it is possible to sell the car while you are under the agreement. Carry on reading for everything you need to know about selling a car on finance in Kent!
If you have a car on finance which you no longer want or need, you may be wondering what your options are, especially if there is still money to be paid on your finance agreement. The good news is, you can actually sell your car to us here at Kent Car Buyer, but there are a few things you need to take into consideration.
Firstly, before we purchase the car, the finance must be paid in full. There are two ways you can go about this. The first is to pay off the finance yourself before we complete the sale. We would need written confirmation from your finance provider that they have received full and final payment, before we purchase the car.
The second way would be a situation where we settle the finance for you, and then deduct the finance figure from the amount we would pay for your car. for this, we would need you to obtain a written settlement figure from your finance provider. If you owe more than we would pay for your car, you would need to settle the outstanding amount before the sale could be completed.
Once these steps have been completed, we can make the sale and arrange to collect your car at a time and location that suits you.
If you want to sell a car on finance in Kent, get in touch with the team to find out more about how we could help. We offer no obligation quotes on all vehicles and purchase most makes and models here at Kent Car Buyer.