sweeping statement, depends what deposit you put down. My Q5 bought new in March 2018, settlement is £30k, I could get £33k+ easily now, P/X or whatever.The moral of this tale is don't buy a car on PCP if you might want to change cars early.
sweeping statement, depends what deposit you put down. My Q5 bought new in March 2018, settlement is £30k, I could get £33k+ easily now, P/X or whatever.The moral of this tale is don't buy a car on PCP if you might want to change cars early.
hence step 4 above, buyer and seller speak to Audi Finance to establish settlement figure, Buyer can get banking details directly from AF and compare to settlement letter to ensure match. Go to own bank (buyer) and get teller to do transfer to specified bank account.If you're selling privately, you'll have to pay the car off first. I'd never trust the seller to pay off the finance with my money. So easy to get scammed and lose the car you've just bought in good faith.
If you sell it to a dealer or performance specialist, then they'd pay the balance off directly. Suppose a private buyer could do that too, but personally, I wouldn't.
As others have said, I'd be surprised if after year one you were 50% in on a PCP deal.
hence step 4 above, buyer and seller speak to Audi Finance to establish settlement figure, Buyer can get banking details directly from AF and compare to settlement letter to ensure match. Go to own bank (buyer) and get teller to do transfer to specified bank account.
What is the issue?
In my experience it’s a trust issue.
With lower valued cars you are talking a few grand but when you talking about £20-30k or more that begins to scare folk.
Tried selling my last a6 as trade in was not great. So many people with money but not willing to take the risk even though it was a good £1-2k less than an equivalent at the dealers.
Even thought about a bridging type loan so I could sell but wasn’t worth the hassle compared to selling to wbac type companies.
hence step 4 above, buyer and seller speak to Audi Finance to establish settlement figure, Buyer can get banking details directly from AF and compare to settlement letter to ensure match. Go to own bank (buyer) and get teller to do transfer to specified bank account.
What is the issue?
No issue if you are happy with doing that. I stated that I `personally` wouldn't as you here so many stories of people getting conned. I don't ever want to become one of those victims. And just because the car is an Audi, doesn't mean the car is PCP through Audi.
Having a car still on finance won't bother some, but for the vast majority of people it will.
Is that Gaelic ? or ten pintsYyuyyyuyoyyyihpohhuuuyhyhh uh uh yyhybhyyyygyhyhggyyyggh Hythe gh high yhhghpyuy Yyuyyyuyoyyyihpohhuuuyhyu y hoggh. YygCode:vyvy
Sent from my F8331 using Tapatalk
That's what his Scottish accent sounds like in real lifeIs that Gaelic ? or ten pints
I have no idea how them Enigma codes where posted mate honestly not got a Scrooby doo lolIs that Gaelic ? or ten pints
Better to try sell it privately than sit out until 50% has been paid because you can end up with more in your pocket than what's left on the agreement.
Hi all.
I just wondered if anyone has sold car while still on a pcp deal?
I am one year in and I am given a settlement figure. I’m told Ican sell the car privately or can wait till March at hand back as I will be 50% of way through my contract.
Did they try to knock you down on price? Mate of mine was looking to sell his VXR to them, but he'd heard that once there they pick at everything to get the price lower!I have sold 2 of my car's on PCP to Arnold Clark, I got the best price around as it is unlikely you'll be able to sell a car over £10K privately....(From my experience)
Arnold Clark settled all the finance and paid me the remaining balance. I was very happy with the process and the price I was paid hence me selling 2 cars to them