Selling car which is on finance

We take a look at alternatives to this well-known car buying service. Need to get cash banked for your car, and fast? We take you through all your options to sell your car for more cash. Selling a car privately can be tricky.

We walk you through the best ways to sell your car on the private market. Valuing your car online is easier than ever. Get an accurate valuation using online tools and calculators. Want to trade in your old car for another vehicle? Here we talk you through all the best ways to part exchange a car.

The new way to sell your car With Motorway, you can sell your car for a great price, right from the bath if you want , completely free. How it works. Motorway and financed cars Motorway is all about making selling your car a quick, easy, fair, and transparent process, even if your car was bought on finance. So, before you can sell your car the Motorway, make sure you have all the following ready to go: Driving license V5C Service history Finance settlement letter.

Guide to financing a car with bad credit. Scrap car prices: Everything there is to know about UK scrap car values. About Car. Our media. Please correct the marked field s below.

New Reg Limited is a loan broker and not a lender. New Reg Limited has partnered with Warrantywise Limited for the purpose of offering car warranties in accordance with the terms and conditions documented on the warranty check-out page. Follow us Twitter Facebook Instagram Youtube. Moreover, selling to a dealership is generally a sure fire way to get less than you would for selling your car elsewhere, and should only be done when other options are closed to you.

Settling the finance agreement on your own and then selling to a private seller could make you much better off. The first step to getting out of your finance agreement is to get a settlement figure from the finance company. You can either do this yourself or, if you're selling to a dealership, they may be able to do it for you. A settlement figure is the amount they'll charge you for paying off your finance early and, in the UK this was until very recently, calculated according to a standard formula called the Rule of 78s.

Although it's calculated by a slightly different rule now, the Rule of 78s still gives a pretty good indication of the amount that you're likely to be paying off. It's calculated like this. If you agreed finance for one year then that's 12 months. Each month is assigned a number with the first month being called 12, the second month 11, the third 10, etc.

This goes all the way down to 1. If you'd agreed two years then you would have started with Please remember that you have to get a finance settlement figure in order to sell your car to webuyanycar. We facilitate the payment to your finance company for your agreement. Branch locator. Car valuation. Free car check Car tax check MOT check. Scrap my car. How to sell your financed car. Can I sell a car with outstanding HP finance? Can I sell a car with outstanding PCP finance?

Can I sell a car with outstanding PCH finance? Selling a car that was purchased with a personal loan. Frequently asked questions. Q: How do I get a settlement figure on my car finance?

Q: Can I save money by paying off my car finance early?