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Voluntary Termination of PCP

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  • Voluntary Termination of PCP

    Hi All!

    I am looking to VT my car contract.
    Just a couple of questions to get me on my way please.

    Can I call the finance company to ask if I have paid over 50% including balloon payment before writing the letter or is this frowned upon?

    I'm pretty sure I have less than 50% left on payments, just worried when they add the balloon amount that it wont be....if that makes sense?

    Once I have emailed them my intentions, am I ok to use the car or is it to be left on the drive from that moment?

    Thanks for reading!
    Tags: None

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