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My father in Law had a vauxhall Corsa on a four year PCP. Commenced in June 2018. Unfortunately he passed away after a short illness in May 2019 aged 82 . I have notified (via recorded letter) Vauxhall Finance that he passed away and given them proof of death via death cert..
My question relates to options given.
1. Pay off outstanding balance 9400
2.Executor or 3rd party to take over finance (no executor as no estate)
3. Return vehicle and estate will be liable for any shortfall after car sale (no estate)
4. Voluntary termination.
Given that my father in Law is the sole agreement holder and deceased what is the best option– he has no estate to speak.
Can you give me some advice on the best option on this please .
Thanks Paul
My question relates to options given.
1. Pay off outstanding balance 9400
2.Executor or 3rd party to take over finance (no executor as no estate)
3. Return vehicle and estate will be liable for any shortfall after car sale (no estate)
4. Voluntary termination.
Given that my father in Law is the sole agreement holder and deceased what is the best option– he has no estate to speak.
Can you give me some advice on the best option on this please .
Thanks Paul
