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Home Forums Car finance car finance

This topic contains 1 reply, has 1 voice, and was last updated by Stuart Masson Stuart Masson 1 year, 6 months ago.

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  • #124049 Reply
    mr thompson

    dear sir I thought I had a pcp on my car but ihave just found out that I have a balloon at the end of my 32 months contract then I will have to pay the rest of the money I owe on the car is ther eny way I can get out of the finance after I have paid half of the 32 monthes thanks ray.

  • #124087 Reply
    Stuart Masson
    Stuart Masson

    Hi Ray. Have a read of our article about Voluntary Termination – your halfway point is half of the Total Amount Payable, including the balloon. So it will be a lot later than halfway through your 32 months, and will probably be somewhere closer to 26 months or so at a guess.

    Editor, TheCarExpert.co.uk and