Im wanting to get a house soon, and am paying quite a lot for my car monthly....so the sensible option would be to get rid of it, and get a cheaper car!

Its on finance from the Ford dealership where I bought it. Ive had it a year, and have three years left on it. Can I go back and just ask them to take it back off me, and they dont give me any money, and I wont owe them? I know the car is worth a bit more than I owe on the finance, but im not bothered about getting anything from them, I just want to be left carless when I walk away, then will get a little loan for a new cheapo car. You think they will do that or not really??

Cheers

have you read the small print on your finance agreement to see if something like that is possible?

Jaimz

Yeah, but couldnt really see anything about it. Im away from home at the moment so cant double check it.

Its only 11months old as well.

if you take it back to where you bought it from, they should be able to sort it for you so they buy it back from you and pay off the finance all in one go.... plus you get any thats left over

... but dont tell them you dont want anything in your pocket for it... and haggle, or theyll screw you (its whats they get paid for) and end up asking you for money !

Yeah, I might as well try to be honest! Didnt know if theyd want it back really though. And yeah, I should try haggling to be honest, as I could get a few hundred extra in my pocket!!

Better: see if you can consolidate the loan with a home loan.

You mean get a personal loan to pay off the HP?

Im not wanting really to get another loan really soon, as if im getting a mortgage it might go against me if you get me.

When I get a cheaper car, i will probably lend the coin off my parents and pay them back/get a loan after id got the mortgage.

what he means is get a morgage that coveres buying a house and paying off the car hpi

Quote from: knightywhat he means is get a morgage that coveres buying a house and paying off the car hpi

basically what i did, i bought my house for 85k, and got a 95k morgage so i could get rid of a few debts and get some nice furniture.

Oh right, yeah I see.

I could maybe do that. But I was going to get a bit more that the house was worth anyway to buy stuff.....like furniture, fridge etc, as I have nothing at the moment!    Also, could do with a smaller engined car, as this one drinks petrol. Only get about 270 miles out of a tank, and if I get the house I will be travelling to work etc which I dont do at the mo!

Quote from: chrisdickothis one drinks petrol. Only get about 270 miles out of a tank,

WTF do you drive? a Tank?

LOL.

Na, id probably get better MPG in that. Its a Fiesta ST, but they dont get the best MPG in the world.

You can just give it back, but if your halfway through a monthly payment, they may ask for a fraction of your monthly amount, to cover the days where you crossover between payments.

If you want economy buy a C2 Diesel, wont find much more economical tbh and theyre good fun to drive

Jaimz

Quote from: Eggtastico

Quote from: chrisdickothis one drinks petrol. Only get about 270 miles out of a tank,

WTF do you drive? a Tank?

I reckon I can only get 200 miles per tank

Im doing Sheffield to Basingstoke this weekend. Im going to refuel at Oxford just to be sure.