How do I go about part exing my car when there is finance still owing on my current car?

I am thinking about changing my car, but there is 3 yrs finance still on mine. What do I do?

Public Comments

1. say it was stolen, make up a scam :)
2. Speak to your finance company. If you're in the UK it isn't legally yours to sell, no matter who is recorded as the registered keeper, so you need their consent.
3. pay off the balance and sell the car.
4. Speak to your finance company to see how much you owe then when you trade it in say you need however much cash back (for instance if your cars worth 8000 and you owe 4000 you can ask the dealer if you can use so much of your old car for a deposit and the rest cash back) tell them you need the cash back to pay off your finance just so they're aware then pay it off!
5. First find out exactly what you owe on the loan and what your car is realistically sell-able for. AND KBB and NADA are usually way off or reality.. If you owe less than the car is worth and can be sold practically you should find a buyer who is willing to deal with your financier as to the pay off. If you owe more than the car is sell able for you basically can do very little that beneficial. Find someone who is willing to take over payment or pay the car off partially or completely and some cash to you or you to the bank. again you have to find someone who is willing to deal with your financier. Typically people who have around the time left that you have to pay off the car they owe way more than the car is worth and are stuck..