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handing your car back
Posted: Tue Jan 10, 2006 12:46 pm
by badboypolo
I have had my car for 3 years and took it over 5years, can I hand it back to them saying I dont want it and not have to pay anything? a guy in my work is doing it with his bora sport as he is getting a new focus ST and he still owes nine grand on his bora.
Posted: Tue Jan 10, 2006 12:50 pm
by omicron
I think you have to have paid over 50% off, but TBH, I can't remember.
Not really my sort of thing, I paid £90 for my car
Posted: Tue Jan 10, 2006 4:37 pm
by mfa-polo
I think it would depend on how much is left to pay and what the car is now worth. If its finance on the car then you will have to pay what ever the settlement is.
Hope this helps
Posted: Tue Jan 10, 2006 4:39 pm
by Mk2Adam
i wonder if i can take my mk2 polo into vw say i don't like it and get a free golf GTI in exchange?
Posted: Tue Jan 10, 2006 4:44 pm
by mfa-polo
Mk2Adam wrote:i wonder if i can take my mk2 polo into vw say i don't like it and get a free golf GTI in exchange?
Im fairly sure you can Adam!
Im taking my 9n in to swap for a new R32
Posted: Tue Jan 10, 2006 5:23 pm
by PhilGTi
All this finanace business, tut tut, pay cash, makes it all easier.
Re: handing your car back
Posted: Tue Jan 10, 2006 5:27 pm
by Si_GTi
badboypolo wrote:I have had my car for 3 years and took it over 5years, can I hand it back to them saying I dont want it and not have to pay anything? a guy in my work is doing it with his bora sport as he is getting a new focus ST and he still owes nine grand on his bora.
Usually when you get about halfway through your agreement (around about now really) VW will be in touch to offer you a settlement with a view to part-exing on a newer (or new) car. Happens quite a lot, although often you may have to add a little extra cash into the settlement to close the deal, as your car will most likely be valued at a touch less than your remaining debt!
You can hand the car back and settle the finance at any point during the deal as long as you're prepared to use a bit of cash to make up the numbers though, so if you want to do it, then it is possible. I was going to take this route with my GTI and have a new one, but have now decided that it simply isn't affordable on my current wages
Posted: Tue Jan 10, 2006 5:56 pm
by omicron
Mk2Adam wrote:i wonder if i can take my mk2 polo into vw say i don't like it and get a free golf GTI in exchange?
As long as you don't mind it saying corgi on the bottom, I'd say give it a go
Posted: Tue Jan 10, 2006 6:18 pm
by Mk2Adam
haha i'd be impressed if vw gave me a toy golf gti in part exchange for my car
Posted: Wed Jan 11, 2006 12:15 am
by mysteryboy
CymruPolo wrote:polosilver wrote:All this finanace business, tut tut, pay cash, makes it all easier.
Agreed.
Yup... I never buy nothing unless I can pay with cash for it... Best way to do things imo
Posted: Wed Jan 11, 2006 2:36 pm
by laura_fairy_22
when my mum & sister bought their Bugs, they had a BOGOF offer... buy a real Beetle then get a toy car for free (one of those lil cycle ones for the kids!!) i wanted one!!