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Cancelling VW PCP finance

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  • Cancelling VW PCP finance

    Good Evening,

    I am 2-3 months into a finance agreement with Volkswagen.
    Due to unforeseen financial difficulties I now want to give the car back and cancel the PCP finance agreement.

    I understand that this is possible within 14days or after paying 50% of the PCP - but is it possible sooner?
    I have attached the cancellation section of the agreement.

    If cancelling is not possible, is it possible to say...take out a loan / car finance and pay the car off?
    At least then I would not have the absurd interest rates and balloon 'optional' payment.

    Thanks

    Marz08
    Tags: None

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