Pcp early termination

[Anom01]

Good morning,
I was wondering if anyone had advice as to whether there would be large financial implication if we terminated our pcp early. We have had the car for only 10 months out of a 48 month contract and recently our financial situation has drastically changed. Any advice would be appreciated.

[chris gibson]

Re: Pcp early termination

Sorry but the harsh truth is you signed a contact with the leasing company and you can only terminate this after you have paid 50% of the contract value. Another option is to try and sell the car but you may not get enough to clear the whole debt and have to make up the difference. You could try and plead your case for financial difficulty with them but it may well fall on deaf ears but I guess it would be worth a try. Failing all of the above try speaking with citizens advice.