Can I p/x my car

[Nightfire]

I wanna get a 182, Im bored of the huge power my car produces . Ive got my car on finance through rfs and as Ive only had the car a few months (ordered in august) am I allowed to p/x my car, or do I have to wait 3 years?

 

[Day]

I had to settle the finance with RFS first.

Got the settlement figure, then got a loan to cover it, then sold the car.

You will loose some money though mate

 

[stusV6]

Hi Nightfire...............I recon you can if you go back to the dealer you bought it from cause they will be able to sort out the finance........in other words transfer it to the new car

Although thats why I would always go for a personal loan rather than a car loan.............you have no hassle about can I or cant I cause the car is not part of the finance agreement

Cya Stu


[Edited by stusV6 on 23 December 2004 at 12:41am]

 

[Pete]

Yep will cost you a considerable ammount to cancel the finance this early.

 

[stusV6]

Quote: Originally posted by Pete on 23 December 2004

Yep will cost you a considerable ammount to cancel the finance this early.



Not if its transfered by the same dealer Pete

Cya Stu

 

[AliasOmega]

Also you have to consider the amount your going to lose on the car. If you paid £7k for it, your going to be getting £5800 maybe on a p/x if you know what i mean. My 02 clio expression is lower model than yours, and i would of got £3600 for it.

Im in a position where i can afford the Clio 182 Cup, but not the full fat clio at £12k..think i better wait a few months..but then my car is worth even less...

 

[edde]

You will loose a lot of money on the car and you might have a problem financing the 182 since you will have negitive equity if you swop finance deals since you have only paid probably £1k off your car and its work ~£3k less so you need you need a 182 + £2k finance deal which will be difficult.

Id keep the 1.2 for 18 months or so and buy the new Renault Sport when it comes out out in about 2006. least youll be able to save some money and not be in bigger debt.