AnthonyHowell said:
This is gonna sound even more of a random question.... Can another company buy you out of your contract? Ie I have finance with Volkswagen, but would say Citroen buy me out of my contract for me to get finance with them?, I feel stupid asking this haha!
Hi Anthony. It's not a stupid question at all. I did exactly that this year. I had 10 months left on my contract with Toyota, for my Yaris and I thought I'd better start looking as a letter would come through the post asking what I wanted to do. So on that, I short listed some cars and went round the dealers. The Up! was easily my favourite, so I went there to have a look at one. I spoke to a salesman, and within 10 mins of him looking around my car and taking it for a quick test drive, he contacted Toyota for the settlement figure and said that VW would pay it off, and if there was any profit on my Yaris, then it could be put down on my Up! I had to speak to Toyota finance during this to confirm my details etc, but it was only a couple of minutes.
As I said I only went in to have a look, but got such a good deal, that I had ordered one before I left!
The only other thing I had to do was confirm the last payment date, and the final payment figure and get Toyota finance to e-mail the salesman with the information.
So it's worth a go! get looking at some of the cars you like, but take your Up! just incase, so that they can value it.
I hope this helps you?
Matt