Northridge Finance VT questions...anyone have experiences?

[Micant2019]

Hi Everyone,

Pretty new to this forum so Hi Everyone,

I am about to VT my 3 year old Mazda 2 with Northridge Finance. I have a year left on pcp and car is in negative equity.

I am pretty much bang on my pro-rata contracted mileage, slightly under by a few hundred maybe. Car is in good condition, very minor kerb damage to 1 Alloy, a small dent in the passenger door (which was there when I bought the car as an ex demo) and a small chip mark that has broken the paint slightly in the roof. Other than that it has 3 full services by Mazda dealership. It is due MOT in 25 days so ideally want rid of before that, I pick new company car up in just over 1 week. I have calculated I owe them £55 to put me over the 50% mark.

Does anyone have any experiences of VT with Northridge....easy/difficult to deal with? Any tips would be great!

Should i I be looking at giving my notice now with but dating the VT as of 12th as I need the car until then?

Thanks guys!

[R0b]

Don't think I am aware of Northridge but I would treat them like any other finance co. and be cautious about what they tell you. If in doubt, record the call or get them to confirm in writing for evidential purposes.

There's no harm in giving your notice now to terminate and it means they will be put on notice that termination takes effect from 12th so they can get the ball rolling. If there's any payments due between now and the 12th (June I presume?) then you will need to pay them.