VT Car -payment

[Hopelesssave]

Hello,

i am getting a car on salary sacrifice and VT my current car (over 50% paid).
Only issue is, payment for this month is due in finance car and my new car is coming on Monday. Do I still need to pay the full amount for this months payment even though I want it collecting on Monday ?

Thanks

[Amethyst]

Have you informed the finance company that you wish to VT the agreement?

[Hopelesssave]

Not yet no

[Amethyst]

Until you do, the monthly installment will be payable.

Voluntary Termination: Letter Templates
A guide to voluntary termination: Your rights

[Hopelesssave]

Thanks for the reply. If I send the letter tomorrow, when can I cancel my insurance ? Thanks