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Can I get out of my PCP lease to get a van?

Hi, I have a car out on a PCP lease and it is about 15 months old, but I am starting my own business and need to trade the car for a van, but the settlement on the car is €18,500. I have around €5,300 paid though the dealer is telling me that a significant deposit would be required to come out of the PCP, but the van is around €20,000. Where do I stand?

Thanks for your time

Paudie Brown (Cork)

Aug 2014 Filed under: finance

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Can you help with buying a MINI with outstanding finance?

Looking at at MINI One and the seller is emigrating back out of the country with some finance on her car I believe. How do I protect myself if I bought it off her and how do I ensure finance on the car is cleared?

Karen Greer (Dublin )

Aug 2014 Filed under: finance

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How do I sell a car with outstanding finance?

When selling a car and finance is owed on the vehicle, how should seller proceed with a genuine car sale so as to tell prospective clients appropriately and yet not turn them off?

Breda Hand (Athlone)

Apr 2014 Filed under: finance

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What's the history of this car?

Is there finance owing on the car registration 08 D XXXXXX or has it been crashed?

Patrick Molloy (Dublin)

Apr 2013 Filed under: finance

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What bank is best for car loans?

What's the best bank for a car loan?

Eric Mullins (Dublin)

Jan 2012 Filed under: finance

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Can I do PCP on a second-hand car?

Is it possible to do a PCP on a second-hand car from a garage or does it have to be new? I was considering doing this with a F10 BMW 5 Series and taking the worry out of depreciation etc. I would have a sizeable deposit.

Paul Byrne (Drogheda)

Jun 2011 Filed under: finance

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Why is there a difference in VW Group finance rates?

Why are SEAT and Skoda able to offer finance at 4.9%, but VW only does 5.9%? All three are provided by the Volkswagen Bank, right?

 

Paul Campbell (Irishtown)

Feb 2011 Filed under: finance

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Which dealers offer PCP finance in Ireland?

Which dealers offer PCP finance in Ireland?

Katie Dyer (Enniscorthy)

Jan 2011 Filed under: finance

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Where to go for car finance?

I know finance is hard to come by these days but I'd really like to buy a new car. Where should I go first to get finance because I don't want to be turned down by loads of banks?

Joseph Murphy (Kerry)

May 2010 Filed under: finance

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5,174 Irish motoring queries answered to date

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