Am I able to close a finance deal after a month and pay off the balance in whole or would there be any penalties?

I'd like to buy a car on 0% finance. Am I able to close the deal after a month and pay off the balance in whole or would there be any penalties? Both Skoda dealers I have asked have said this is fine.

This Skoda PCP deal seems too good to be true, what's the catch?

I like the Skoda Yeti 150PS 4WD SEL 'Drive' with £1500 'free' extras. Skoda is offering a PCP plan of 0% finance plus £1000 contribution to the deposit and after three years the vehicle can be bought at...

Is it better to buy a used 2 year old car or buy a new car within a 3 year car finance agreement to buy/release at the end?

Is it better to buy a used 2 year old car which has lost it's depreciation, or buy a new car within a 3 year car finance agreement to either buy at the end or release. Also should I now wait until after...

Who is the owner of a returned PCP vehicle?

Who owns returned, and formerly PCP vehicles, whilst they are waiting to be sold to a second owner, the dealer or the motoring company?

Outright purchase or Hire Purchase?

A friend is looking for a small cheap new car. They usually buy a new or pre-reg car costing around £6k car outright, but are being tempted by hire-purchase deals being offered on, say, a £7k car where...

Selling mid-PCP contract - what can I do?

In August last year I bought a 62 plate Skoda Yeti TDi 170 Elegance from my local dealer. We traded in my wife's Octavia (£3200) and did a PCP at £345 pcm, minimum future value approximately £8500 if I...

How do I sell a car with finance outstanding on it

My father-in-law bought a brand new VW Passat about 18 months ago on finance. Sadly, he was recently diagnosed with a serious illness and will no longer be able to drive so we need to get rid of the...

Car has outstanding finance - should I still buy it?

I’ve found a used car I really like, but it still has outstanding finance. Should I buy it or walk away?

Would you recommend the Volkswagen Up! or the Skoda Citigo?

We have been offered a very similar deal for either a top of the range Skoda Citigo Elegance or a mid range Volkswagen Move Up! Which should we go for? We are going to buy new with a PCP Finance deal.

Can I return my faulty car bought on finance recently?

I bought a used Vauxhall Astra 1.9 CDTi 2006 reg with 68,000 finance. Having now had it for just over a month it's got an issue with a whining sound from the 3rd and 4th gears when driving....the garage...