Cars wanted up to 10 years old – up to 80,000 miles – between £3000 and £8000
One of the most common questions when selling a financed vehicle is: “Can I sell my car and settle the finance?” The short answer is yes, you can. However, the process requires careful planning and an understanding of your finance agreement. When you finance a car, whether through a personal contract purchase (PCP), hire purchase (HP), or another financing option, you are legally required to pay off the outstanding balance before you can sell the vehicle.
To sell your car and settle the finance, you’ll need to know exactly how much you owe, which is known as the “settlement figure.” This is the amount required to pay off your finance agreement in full, and it includes any interest or fees you may owe. Once you have the settlement figure, you can sell the car, use the sale proceeds to pay off the outstanding finance, and settle your account.
For example, if you owe £5000 on your car but the sale price is £8000, the difference can go toward the cost of your next car or simply be returned to you, depending on the terms of your sale.
If you’re considering selling your car with outstanding finance, Get A Better Price Nottingham can help. However, there are specific requirements to ensure you get the best possible offer for your vehicle.
At Get A Better Price Nottingham, we only buy cars that are under 10 years old and have fewer than 80,000 miles on the clock. These criteria help ensure that the cars we purchase are in good condition, have a relatively low risk of maintenance issues, and are more likely to be sold to new owners without any complications.
If your car meets these criteria, you could be in a great position to sell your car and settle your finance. With cars ranging between £3000 and £8000 in value, Get A Better Price Nottingham can provide you with an offer that works to clear your outstanding balance and possibly leave you with some extra funds.
While the car’s age and mileage are important, we also consider the general condition of the vehicle. A car that has been well-maintained, free from major accidents, and is mechanically sound is likely to fetch a higher price. So, if your car is in good shape and meets the age and mileage criteria, you could sell your car on finance and be confident that you’ll receive a fair offer.
When you sell your car on finance to Get A Better Price Nottingham, we’ll take care of the settlement process. This means we will pay off the finance owed on your vehicle directly to the finance company, ensuring that your existing balance is cleared as part of the sale. This makes the process much easier for you, as you won’t need to worry about contacting the lender or coordinating the payment yourself.
Get A Better Price Nottingham has streamlined the process of selling a car on finance. When you choose to sell your car to us, we offer a smooth, fast, and transparent service that takes the stress out of managing your existing finance. Here’s how the process works:
Start by getting a free online quote for your car. Simply enter the details of your vehicle, including its age, mileage, and condition, and we’ll provide you with an instant estimate. This gives you an idea of how much your car could be worth, which is essential for determining whether it will be enough to settle your finance.
Once we’ve reviewed the details of your car, we’ll make an official offer. If you accept the offer, we’ll move forward with the sale. Remember, we only buy cars valued between £3000 and £8000, which means that we can offer competitive pricing for vehicles that meet our age and mileage criteria.
The most important part of the process when selling a car on finance is settling your existing finance. At Get A Better Price Nottingham, we will handle the payment to your finance company. If the offer price for your car exceeds the amount you owe on finance, the excess can be yours to keep, which can be used towards the purchase of a new vehicle or simply put back in your pocket.
If the offer price is less than what you owe, we’ll discuss the options with you to ensure the process remains as stress-free as possible.
Once we’ve paid off the finance and settled everything, we’ll transfer the agreed-upon payment to you. This can be done quickly, often on the same day as the sale, so you won’t have to wait for days or weeks to receive your funds.
There are numerous benefits to selling your car to Get A Better Price Nottingham, particularly if you still have outstanding finance on it. Here are just a few of the advantages:
Selling your car on finance doesn’t have to be complicated. By choosing Get A Better Price Nottingham, we handle all the paperwork, including settling the finance directly with your lender. This ensures a seamless experience for you, without the need for any back-and-forth with the finance company.
We provide fair and competitive offers for cars that are under 10 years old and have less than 80,000 miles. Our valuation process ensures that you get a realistic price for your vehicle, based on its condition and market value.
When you sell your car to Get A Better Price Nottingham, you can expect a fast process. We handle everything from the initial valuation to the finance settlement, making the transaction quick and efficient.
We pride ourselves on transparency. The offer we make is what you’ll receive, with no hidden fees or extra charges. You can rest assured that there won’t be any surprises during the process.
The answer is yes – you can sell your car on finance and settle the outstanding balance. At Get A Better Price Nottingham, we make this process easy by offering fair, transparent valuations for cars under 10 years old and with fewer than 80,000 miles. We will buy your car for between £3000 and £8000 and handle the settlement of your existing finance directly with your lender.
If you’re asking, “Can I sell my car and settle the finance?” Get A Better Price Nottingham is here to help. Get in touch today for a free quote and take the first step toward selling your car with ease.
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