Sudden death of family member - car is on finance…

[StefanYHU]

Hi guys,
My partners father has suddenly passed away from a cardiac event.

He purchased a used car in 2022 via a part exchange and the rest of the monies owed was taken out via a motor finance company.

What I can’t figure out from some documents I’ve read was it a conditional sale loan or a pcp.

I’m thinking conditional sale as it’s payments to be made over 60 months….

I’ve never had a car on finance so I’m a bit lost, and not sure if I can settle the loan amount or will it be taken from us?

All advice appreciated

[StefanYHU]

There appears to be close to 10k of finance left on the car, I need to ring them to be sure.

Has anyone been in the situation where they reduce the amount to be paid to save them taking the car?

I’d say the car is worth about 10k, reading the details and the very very high mileage for the year, he got screwed pretty badly. 65k on the car that was less than 3 years old at the time….what was he thinking.

Thanks everyone