- 13 July 2017 at 11:35 am #117040
I bought an Audi A4 last year and I love the car. I have no difficulty in making payments. My family situation is changing next year as my wife has been offered a job in Australia which is financially too good to turn down.
Now, by the time we move, I’ll only be 18 months into a 4 year PCP. Can I sell the car back to Volkswagen Finance and then refinance the negative equity that is undoubtedly going to be there? Has anyone had experience of this?
Tips on what my best move is would be greatly appreciated.
- 17 July 2017 at 1:37 pm #117140
Hi Andrew. You are unlikely to be able to refinance the negative equity through Volkswagen Finance. What you would probably need to consider is borrowing the necessary money from your bank.