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Can we sell our car on finance?
To whom it may concern , I was hoping for your help , me and my fiancé just had a newborn and I was wondering is there a way of selling my Volkswagen Golf that is on finance still , because of the new baby we cannot afford a 290 euro a month anymore for my car really stuck please help !!
Our answer:
Hi Terence,
Depending on the type of finance, and the terms and conditions, you may be able to just give the car back. Assuming you don't actually own the car until the finance is all paid off (again, it depends on the contract you signed), you cannot legally sell the car, so you really need to engage with the lender to come up with a plan.
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