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PCP car agreements

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  • PCP car agreements

    Dear LegalBeagles
    I know this is an old question but I have never seen an answer that was not a little bit opaque:
    I am 10 months into a PCP with Audi Finance. I want to Voluntarily Terminate (walk away), no excess milage, no car damage, nothing dodgy.
    I am aware that this is before the 50% point. I do not want the car. I want to direct my finances elsewhere. I recognise I lose out on the deposit I put down.
    Audi will not like it but does it effect my credit rating (Audi say it will. I don't think it does, but I recognise they will not give me another loan in the future)?
    Thanks
    Lewis the Cat
    Tags: None

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