To sell your financed car, enter your registration for an instant valuation and create a detailed car profile from your phone.
We inform our network car dealers nationwide. They compete online to make the best offer for your financed car.
We present the highest offer for your approval. Once accepted, we'll arrange a convenient, free collection date for your car.
Complete your sale hassle-free. Your payment will be securely transferred to your bank account within 24 hours of the car's collection.
Get an accurate car value instantly with our cutting-edge tech, using live market data for a swift and precise estimate.
We find the best-paying dealer in our network, ensuring you get the highest price for your car hassle-free.
Complete your sale in just 24 hours with our free home collection service. Enjoy a seamless process and fast payment† at your doorstep.
It won't cost you a thing. Our service is entirely free for you as dealers cover the fee to buy your car. Sell your financed car effortlessly with us.
Bring your V5C form for the car selling process. |
Include the service history when selling your vehicle. |
Ensure you have your driving licence on hand. |
Show proof of purchase for a seamless transaction. |
If on PCP or HP, provide the finance settlement letter. |
If you're financing your car through HP (Hire Purchase) or PCP (Personal Contract Purchase), it's crucial to note that the vehicle remains under the finance company's ownership until you've settled the full amount owed. Despite this, selling a car with outstanding finance is a viable option. Reputable car dealers and buying services often have the ability to clear the finance on a car still under contract, allowing you to exit your current agreement and sell your car hassle-free. In essence, while you might not possess the immediate right to sell, practical solutions exist. Trusted dealers and services can simplify the process, providing you with a clear pathway to sell your financed car, even before the contract concludes. Ready to sell? Let us help you navigate the process smoothly.
If your car is under a Hire Purchase (HP) agreement, the legal ownership remains with the lender until you complete all payments. To sell the car, follow these steps:
For those who've paid less than half of the total owed, an alternative exists. Utilize Section 99 of the Consumer Credit Act 1974 – 'voluntary termination':
Selling your financed car becomes straightforward with these steps. Explore our guide for more insights on cancelling your car finance early. Ready to sell? Let's make it happen.
If you're looking to sell a car under a Personal Contract Purchase (PCP) agreement, it's a straightforward process:
Remember, the finance company's decision affects vehicle ownership. With a settlement letter and the original V5, selling to us is a hassle-free process. Ready to sell? Let's make it happen.
Ever wondered what influences your car's price?
Yes, it's legal to sell a car with outstanding finance, but follow essential steps: notify your lender, get a settlement letter, and clear the balance. Selling without disclosing financial obligations is illegal. Until fully paid, the lender is the owner, and you're the registered keeper. Posing as the owner is risky – your buyer may refuse the remaining finance, leaving you liable for shortfalls, legal fees, and fines. Review your contract's terms and conditions before selling. If unclear, seek legal advice to understand your rights. Selling a financed car is legal, but transparency and adherence to contractual obligations are crucial. Sell confidently, staying informed to avoid legal consequences.
If you accidentally buy a used car with outstanding finance, you can keep it, known as 'good title.' But, be prepared for the finance company to ask for payment, assuming you're innocent.
The final say is with the finance company. If they say you're responsible, get help from the Financial Ombudsman or seek legal advice to sort it out. Handle it carefully to make sure things end up fair and legal. Stay informed and make the right moves when dealing with unexpected issues in your car purchase.
Yes, you can sell a modified car. However, the number of offers you receive may be affected because some dealers prefer standard vehicles. To increase your selling options, provide documentation of professional modifications and consider keeping original components, as dealers may purchase to restore the vehicle to its original condition.