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Car Finance Termination

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  • Car Finance Termination

    I have a car on finance and it has had a catastrophic engine failure, basically its dead. Needs £800 spending on it but only worth £600. on finance with £1300 left to pay, called finance company and they said as i was 4 years into 5 year term i could terminate. They said there would be fees for 'damage' as the engine was no good. What would they expect me to pay for charges. Any ideas?
    Tags: None

  • #2
    The engine, maybe?
    If you have a question about the voluntary termination process, please read this guide first, as it should have all the answers you need. Please do not hijack another person's thread as I will not respond to you
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