I had some engine trouble in sep 06 and although the car is fine now, i have lost a little bit of confidence in it. I am now looking to purchase a new car but still have 2 1/2 years still to pay. This monts spells half of my term agreement. Am i entitled to VT my current car? If so how do i do it? if not Why not???
2007-03-06 01:38:45 · 5 answers · asked by Andy M 1 in Cars & Transportation ➔ Buying & Selling
I did this a few years ago, if memory serves as long as you are past half way through your repayment you can do it, check your HP agreement paperwork there should be some information on it and a phone number (it wasnt very obvious on mine, had to search for it), they will come and inspect the car and if all is ok will take it away for you and cancel your HP agreement
2007-03-06 01:50:56 · answer #1 · answered by emma529005 2 · 0⤊ 0⤋
The way to terminate any agreement is to contact the other party and ask them the simple "How much" question.
Any HP company will give you a payout figure, but be sitting down when you open the letter.
2007-03-06 09:45:56 · answer #2 · answered by Billybean 7 · 0⤊ 0⤋
When you part ex your old car for a new one on HP, the company that takes your old car settles the old HP agreement for you. Im pretty sure thats how it works
2007-03-06 10:09:03 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Take care to read the small print first to ascertain if there are any early settlement penalties.
2007-03-06 11:57:51 · answer #4 · answered by Anonymous · 0⤊ 0⤋
That would be an economical matter!
2007-03-06 09:42:48 · answer #5 · answered by William Shakespeare 1 · 0⤊ 0⤋