Voluntary termination of PCP
Voluntary termination of PCP
Author
Discussion

Butter Face

34,701 posts

189 months

Tuesday 26th March 2019
quotequote all
No.

If you're in positive equity, sell the car and pay the finance off.

S'not rocket physics.

Dimebars

1,075 posts

123 months

Tuesday 26th March 2019
quotequote all
When you VT, you are ending the contract, so there is no negative/positive equity

If there is negative equity, hand it back (accounting for any excess mileage or damage charges)

If there is positive equity, get it advertised and sold privately, or PX it

Terminator X

20,478 posts

233 months

Tuesday 26th March 2019
quotequote all
Dimebars said:
When you VT, you are ending the contract, so there is no negative/positive equity

If there is negative equity, hand it back (accounting for any excess mileage or damage charges)

If there is positive equity, get it advertised and sold privately, or PX it
Nope just hand it back undamaged.

TX.