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Subject Topic: Cancelling a PCP Post Reply Post New Topic
Persondaddysrubbish
17/4/2019 at 11:09am
 Location: Lancaster
 Outfit: None Entered View daddysrubbish's Profile View Profile   Reply to daddysrubbish Reply   Quote daddysrubbish Quote  
Joined: 23/5/2010

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Hi all

Does anyone know what the possibility is of ending a PCP early might be? I took delivery of the car last year, it's well under the annual mileage allowance but my circumstances have changed and I need to reevaluate my financial commitments.

Many thanks


Persondaveyjp
via mobile 17/4/2019 at 2:58pm
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Quite possible. Call the finance company for a settlement figure, pay it and hand the car back.


Personjaiash
17/4/2019 at 4:15pm
 Location: nr Derby
 Outfit: Phoenix 440+ View jaiash's Profile View Profile   Reply to jaiash Reply   Quote jaiash Quote  
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Get a settlement figure from the finance company. Make it clear you want to hand the car back (assuming that is your intention) Figure will depend how long your deal was for and how far away you are from the point of simply walking away from the deal and handing back with nothing to pay.

I handed my last car back at the time that I could just walk away without paying any more. Quite simple but make sure you have everything the finance company require in terms of paperwork. Alternatively you could go back to the dealer to see what they can offer or talk to the finance company to renegotiate the deal in some way.

-------------
Grahame


Personcheethama
17/4/2019 at 8:24pm
 Location: Blackpool
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I also want to end my PCP contract. Will follow this post & replies with interest. Daddysrubbish, how long have you had your car for? Mine is 18 mths into a 4 year contract. Anne

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Anne Blackpool



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