Knowledge Base

If you are looking to sell your car and it has outstanding finance this isnt an issue.
All the dealer will usually need is a copy of your settlement figure from your finance company. If there is equity in the car the dealer will pay the settlement figure directly to the finance company and any remaining money to you.

If there is a negative equity situation the dealer will require you to pay them the negative equity amount and they will pay the entire settlement figure to the finance company before taking your car.