GaryK

Hi,

Ive got just over a year on a 2 year personal contract hire agreement, I remember reading and someone telling me that you can in fact hand the car back after 50% of the term has passed provided everything is in order.

Anyone know anything about this?

Cheers

Gary

Kev_turbo

On contract hire I am not sure this is the case. I know it can be done with a car that was bought on finance and is therefore in your name but I think you would have to buy yourself out of the contract to cancel a hire agreement.

Kev

stevebt

iTrader: (8)

yep handed me van back to ford with more than a year left of the deal and they owed me money as they give you trade in value then you have to repay what is left on the agreement so what ever is left is yours

GaryK

Steve,

was that on finance or contract hire though?

Cheers

Gary

Burt

be interested to know how you get on as my scoobs on contract hire, and coming upto 18months on a 36 month contract, and would like to change. Had a quote to chnage a few months ago, and they wanted quite alot to change.

stevebt

iTrader: (8)

it was on a lease purchase the vehicle was mine to sell but never mine to keep, strange but it was for tax reasons

GaryK

Burt,

I'll ask the guys that I did the contract hire with and see what they say, let you know.

Gary

Burt

Cheers M8.

Burt

Dave P

Gary,

Not the case. I'm on contract hire through IM and I've screwed up my mileage for one reason or another. Wanted to get out pay the difference and get an MY03 with PPP.

Called them up and I have to get a value from a third party. IM then send you a settlement figure being the differnce.

Because of the way bug eyes have crashed in price I have decided to leave it and suffer the pain.

However I was on a PCP before and bailed out of that early and ended up with a little equity to put into this one.

Swings and roundabouts. Next time, coz money is almost free, I'm just going to borrow teh diff and buy outright.

Dave