PCP vol termination - can I reverse process?

[CJ2026]

Hi everyone, I need some advice about PCP voluntary termination, now feeling nervous that we’ve made a mistake. We instigated Voluntary termination of car in Dec 2025, just as we tipped into the 4th year of the agreement. Agreement due to end Oct 2026. No financial hardship and we made all the payments but we made the decision to go down to one car ( we have an old VW that we own outright ) to try and streamline our finances.

Car finance company took ages to respond and have only just been in contact to arrange Inspection and collection, this is scheduled to take place at the end of Feb.

I have just been speaking to someone and they have basically told us we have made a huge mistake and are probably going to get stitched up by the finance company. They said they will nit pick over body work and look for any way to knock money off, meaning we may end up owing them loads of money. I’m now bricking it and could do with some advice. What can I do now? We have looked after car and kept within mileage limits. Please help.

[echat11]

Hi CJ2026

Welcome to LB

It might be an idea to look through the Terms and Conditions, what does it say regards 'reversing' the PCP?
Here's an excellent guide.

https://legalbeagles.info/forums/for...on-your-rights

[HariSeldon]

They said they will nit pick over body work and look for any way to knock money off, meaning we may end up owing them loads of money. We have looked after car and kept within mileage limits.

The law simply says that you must take reasonable care of the car so the finance company can nitpick all they like but if they try anything on then you just need to keep politely reminding them of this. Personally I wouldn't pay them another penny whatever they ask for but come back here for more specific advice if they do.