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Withdraw from funded PCP

Home Forums Car finance Withdraw from funded PCP

This topic contains 1 reply, has 2 voices, and was last updated by Stuart Masson Stuart Masson 1 month ago.

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  • #165129 Reply
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    Paul

    Hi,

    Went into BMW dealer and signed on March 29th (friday). Dealer said I will have to sign the agreement and have them register it that day to get the deal. Car wasn’t due to actually arrive with them until 08/04/19.

    Extreme circumstances have put me in a position where I can’t afford the car.

    Dealer says now they have the agreement funded and car registered nothing can be done, although the DVLA say they can de-register a car within 7 days through a V996?

    Thanks
    Paul

  • #166040 Reply
    Stuart Masson
    Stuart Masson
    Keymaster

    Hi Paul. You can cancel your car finance agreement within 14 days, but that doesn’t cancel the purchase of the vehicle – only the finance.

    Editor, TheCarExpert.co.uk and