Advice on vehicle finance

[anonymous-user]

As i can't seem to sell my car, I need to refinance to lower my monthly repayments, my current lender won't entertain extending the term - can anyone recommend a good Company?

TIA

[illmonkey]

digimeistter said:

As i can't seem to sell my car, I need to refinance to lower my monthly repayments, my current lender won't entertain extending the term - can anyone recommend a good Company?

TIA

AA's cheap. But is it the best thing to do

[Roo.]

Log book loans is another. But, as already mentioned, maybe not the best thing to do at the moment as the APR will be a bit steep.

[Vee]

Is it financed with a personal loan or finance linked to the car ?
If the latter, how much have you repaid ?
If you're more than halfway through I believe you can just hand it back.

[lazyitus]

Best way is possibly to take out a personal loan at a low rate, pay off the current settlement amount and reduce your monthly payments over whichever period suits you best.

You should get some kind of rebate for settling early but remember you'll also be paying interest on the new loan. Not ideal but an option if you're struggling.

[bazking69]

Plus personal loan rates aren't that hot at the moment.