Supra_UK_
Well-Known Member
- Thread starter
- #1
Hi chaps,
Does anyone have any experience of ending their PCP/PHP contract early?
I checked my contract and it says I have a early termination right only if I have paid at least 50% of the total amount - I did the math and this would still be quite a long time (>1 year).
I have considered doing this for personal and financial reasons, money would be better spent elsewhere ideally - I know, should have thought about it sooner, but it is what it is, I might not be able to do this, and will keep paying it, but just wondering if anyone can share a concrete real life example when you wanted / had to ask your car finance company to end the agreement early and whether it worked /exceptions were made? etc.
I'm 99% sure it's not possible since the contract seems black and white (as they tend to be by nature...) but hey, I suppose this is what forums are for, on the off chance someone can share a useful experience
Thanks.
Does anyone have any experience of ending their PCP/PHP contract early?
I checked my contract and it says I have a early termination right only if I have paid at least 50% of the total amount - I did the math and this would still be quite a long time (>1 year).
I have considered doing this for personal and financial reasons, money would be better spent elsewhere ideally - I know, should have thought about it sooner, but it is what it is, I might not be able to do this, and will keep paying it, but just wondering if anyone can share a concrete real life example when you wanted / had to ask your car finance company to end the agreement early and whether it worked /exceptions were made? etc.
I'm 99% sure it's not possible since the contract seems black and white (as they tend to be by nature...) but hey, I suppose this is what forums are for, on the off chance someone can share a useful experience
Thanks.
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