Selling a car on finance?
Selling a car on finance?
01-07-2017, 03:35 AM
Naturally I ahve to make back the settlement figure which is £9.9k
not sure my car is worth exactly that, but taking a punt on it
If someone does buy it, do i just get them to ring lexus finance and make the payment, then hand over the V5 as in any other car sale, forwarding a copy of the finance completion letter on after ive received it?
[SIGPIC][/SIGPIC]
Lexus IS220d - Parrot Bluetooth kit, 1 idiot driver
How do you work this???................
Naturally I ahve to make back the settlement figure which is £9.9k
not sure my car is worth exactly that, but taking a punt on it
If someone does buy it, do i just get them to ring lexus finance and make the payment, then hand over the V5 as in any other car sale, forwarding a copy of the finance completion letter on after ive received it?
[SIGPIC][/SIGPIC]
Lexus IS220d - Parrot Bluetooth kit, 1 idiot driver
01-07-2017, 03:45 AM
2002 '02' IS200 SE Auto - DVD Satnav with Voice Activation - [COLOR="Blue"]Strathcaron Blue - Parking Sensors - 5000K HIDs with Anti-Glare Bulbs - PIAA 6500K Main Beams - LED Sidelights - Mirror/Sunroof Closure - TTE Styling Kit - 18" Styling Kit Alloys with nitrogen filled Goodyear Eagle F1 Asymmetric Tyres - Bluetouch Multimedia Kit - Gromaudio AUX in - Black painted calipers with silver Lexus decals - 12 LED Dome Light - 96 LED Boot Light - Stainless Steel Sport Sill Plates - PIAA Silicone Wipers[/COLOR]
I think it would work quite similar to that, only problem might be getting someone interested in a car that has outstanding finance on it. Have you asked how much it would cost you if you gave the car back now? Or could you get a loan to settle the finance and then sell privately with no finance outstanding?
2002 '02' IS200 SE Auto - DVD Satnav with Voice Activation - [COLOR="Blue"]Strathcaron Blue - Parking Sensors - 5000K HIDs with Anti-Glare Bulbs - PIAA 6500K Main Beams - LED Sidelights - Mirror/Sunroof Closure - TTE Styling Kit - 18" Styling Kit Alloys with nitrogen filled Goodyear Eagle F1 Asymmetric Tyres - Bluetouch Multimedia Kit - Gromaudio AUX in - Black painted calipers with silver Lexus decals - 12 LED Dome Light - 96 LED Boot Light - Stainless Steel Sport Sill Plates - PIAA Silicone Wipers[/COLOR]
01-07-2017, 03:53 AM
parthiban Or could you get a loan to settle the finance and then sell privately with no finance outstanding?
That's the way to go if you can get a Variable loan from the bank or similar, pay off lexus finance Then pay back loan, you will incurr a fee of course but normally minimal, and if you get it sold within a month, you wont have lost much in the way of interest.
Can put buyers off selling with outstanding finance.
[SIGPIC][/SIGPIC]Lexus IS200 Sport
TRD'd, Lowered, 18" Kahn Rep's, K & N, Denso IK20's, 7" JVC DVD & Satnav, Fog 2 Brake, shiney interior bits
SOLD
ad: - Now a German Drug Dealer:biggrin:
parthiban Or could you get a loan to settle the finance and then sell privately with no finance outstanding?
That's the way to go if you can get a Variable loan from the bank or similar, pay off lexus finance Then pay back loan, you will incurr a fee of course but normally minimal, and if you get it sold within a month, you wont have lost much in the way of interest.
Can put buyers off selling with outstanding finance.
[SIGPIC][/SIGPIC]Lexus IS200 Sport
TRD'd, Lowered, 18" Kahn Rep's, K & N, Denso IK20's, 7" JVC DVD & Satnav, Fog 2 Brake, shiney interior bits
SOLD
ad: - Now a German Drug Dealer:biggrin:
01-07-2017, 04:00 AM
cant be bothered with another loan lol
yeah cost to give back now is £9,848
[SIGPIC][/SIGPIC]
Lexus IS220d - Parrot Bluetooth kit, 1 idiot driver
Have stated on the advert it is financed but all settlement paperwork would be provided and the payment would be direct to lexus via phone, thus settling the agreement there and then.
cant be bothered with another loan lol
yeah cost to give back now is £9,848
[SIGPIC][/SIGPIC]
Lexus IS220d - Parrot Bluetooth kit, 1 idiot driver
01-07-2017, 04:03 AM
Carpediem yeah cost to give back now is £9,848
I'm guessing that's the price to buy the car outright and settle the finance isn't it? I meant how much would you have to pay on top if you simply returned the car to them?
2002 '02' IS200 SE Auto - DVD Satnav with Voice Activation - [COLOR="Blue"]Strathcaron Blue - Parking Sensors - 5000K HIDs with Anti-Glare Bulbs - PIAA 6500K Main Beams - LED Sidelights - Mirror/Sunroof Closure - TTE Styling Kit - 18" Styling Kit Alloys with nitrogen filled Goodyear Eagle F1 Asymmetric Tyres - Bluetouch Multimedia Kit - Gromaudio AUX in - Black painted calipers with silver Lexus decals - 12 LED Dome Light - 96 LED Boot Light - Stainless Steel Sport Sill Plates - PIAA Silicone Wipers[/COLOR]
Carpediem yeah cost to give back now is £9,848
I'm guessing that's the price to buy the car outright and settle the finance isn't it? I meant how much would you have to pay on top if you simply returned the car to them?
2002 '02' IS200 SE Auto - DVD Satnav with Voice Activation - [COLOR="Blue"]Strathcaron Blue - Parking Sensors - 5000K HIDs with Anti-Glare Bulbs - PIAA 6500K Main Beams - LED Sidelights - Mirror/Sunroof Closure - TTE Styling Kit - 18" Styling Kit Alloys with nitrogen filled Goodyear Eagle F1 Asymmetric Tyres - Bluetouch Multimedia Kit - Gromaudio AUX in - Black painted calipers with silver Lexus decals - 12 LED Dome Light - 96 LED Boot Light - Stainless Steel Sport Sill Plates - PIAA Silicone Wipers[/COLOR]
01-07-2017, 04:10 AM
Carpediem erm, £3k???
That's bigger than I thought it would be, so as far as they're concerned the car is only worth £7k?
Hope you get it sold without too much hassle
2002 '02' IS200 SE Auto - DVD Satnav with Voice Activation - [COLOR="Blue"]Strathcaron Blue - Parking Sensors - 5000K HIDs with Anti-Glare Bulbs - PIAA 6500K Main Beams - LED Sidelights - Mirror/Sunroof Closure - TTE Styling Kit - 18" Styling Kit Alloys with nitrogen filled Goodyear Eagle F1 Asymmetric Tyres - Bluetouch Multimedia Kit - Gromaudio AUX in - Black painted calipers with silver Lexus decals - 12 LED Dome Light - 96 LED Boot Light - Stainless Steel Sport Sill Plates - PIAA Silicone Wipers[/COLOR]
Carpediem erm, £3k???
That's bigger than I thought it would be, so as far as they're concerned the car is only worth £7k?
Hope you get it sold without too much hassle
2002 '02' IS200 SE Auto - DVD Satnav with Voice Activation - [COLOR="Blue"]Strathcaron Blue - Parking Sensors - 5000K HIDs with Anti-Glare Bulbs - PIAA 6500K Main Beams - LED Sidelights - Mirror/Sunroof Closure - TTE Styling Kit - 18" Styling Kit Alloys with nitrogen filled Goodyear Eagle F1 Asymmetric Tyres - Bluetouch Multimedia Kit - Gromaudio AUX in - Black painted calipers with silver Lexus decals - 12 LED Dome Light - 96 LED Boot Light - Stainless Steel Sport Sill Plates - PIAA Silicone Wipers[/COLOR]
01-07-2017, 05:39 AM
Car 1 - 02 Lexus IS200 SE Strathcaron Blue, Sport Grille, TTE Lowering Springs (to be fitted), K&N Panel Filter, 6500K XENON Headlight Main & Dipped Bulbs, Xenon Sidelights, 17" Gunmetal Powder Coated Alloys, Front Grooved Discs and Mintex Pads
Car 2 - 73 Hillman Imp AKA Hilda, Aquarious Blue, work in progress!
I was told by Honda Finance that you can sell a car with outstanding finance however the finance must be settled no later than after 7 days of new owner taking ownership.
Car 1 - 02 Lexus IS200 SE Strathcaron Blue, Sport Grille, TTE Lowering Springs (to be fitted), K&N Panel Filter, 6500K XENON Headlight Main & Dipped Bulbs, Xenon Sidelights, 17" Gunmetal Powder Coated Alloys, Front Grooved Discs and Mintex Pads
Car 2 - 73 Hillman Imp AKA Hilda, Aquarious Blue, work in progress!
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