Lynny
Member
Registered: 3rd Jan 03
Location: oop north! Where people talk properly
User status: Offline
|
Right, If you have a car on finance, I understand the 1/3 and 1/2 rule for giving the car back to clear the finance contract....but can you after say 6 months change cars, but keep the same finance deal on a different car if they're of a similar value? Does this make sense?
[Edited on 11-04-2009 by Alex_NSM]
|
SeanXE
Member
Registered: 17th Jan 09
Location: Luton
User status: Offline
|
Makes sence, but dont the answer lol
|
am4nf
Member
Registered: 27th Jul 08
Location: South Ayrshire Drives: Corsa Sport
User status: Offline
|
i think so but it would depend on how much they can sell your car for you would need to take on the difference
|
Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
|
Who is it with? The finance.
|
Lynny
Member
Registered: 3rd Jan 03
Location: oop north! Where people talk properly
User status: Offline
|
Black horse
|
Colin
Member
Registered: 4th Apr 02
User status: Offline
|
I doubt it, iud imagine you'd need to clear the current deal & take out another one.
Im not 100% sure though, I dont know of anyone that changes their car every 6 months.
[Edited on 11-04-2009 by Colin]
|
Jay
Member
Registered: 26th Sep 04
Location: Liverpool
User status: Offline
|
No I tried to do this and got offered like £1800 for the car I had paid £4k for 6 months earlier (from the same place I got my car) so to get a car for £4000 I would of had to have the difference added on top of my existing finance, and re-apply. I obviously never bothered.
|
Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
|
quote: Originally posted by Alex_NSM
Black horse
No chance.
But yes, dealerships will sometimes just pay off your finance with the value of the car and then you start fresh.
|
Lynny
Member
Registered: 3rd Jan 03
Location: oop north! Where people talk properly
User status: Offline
|
to be honest, the car im looking at selling, is worth more than the one I'm looking at buying.
And dont change car every 6 month
|
Jay
Member
Registered: 26th Sep 04
Location: Liverpool
User status: Offline
|
quote: Originally posted by Colin
I dont know of anyone that changes their car every 6 months.
I've had about 15 cars, only kept one of them for more than 6 months
|