GAP / Voluntary terminating my finance

[shaunna]

Hi, i have been adviced that due to me Voluntary terminating my finance car contract that I would need to pay outstanding gap of £254.41. I wasn’t aware that this would be the case

[des8]

Hi and welcome.
What you need to do is contact the insurers and cancel the policy.
Most companies (not all however) will give a return of premium (either pro-rata or at short term rates) less an administration charge.
Your policy wording might contain details.
You would have to pay any difference between the money the finance co. require and any return of premium