TDO wrote:
echo15 wrote:
Has anyone ever returned a car to the finace company after paying over half the payments?
I've heard of one or two - why do you ask?
The ones I've know about just want to get another new motor, and get one before the warranty on the old one runs out.
It shouldn't show on your credit record, but I've heard that the same finance company won't give you credit again.[/quote]
There is no way that it should put a blemish on your credit rating as you have complied with the agreement.
I would not worry about as to whether they will give you credit again, their rates are not that clever and there are much better deals out there if you are prepared to shop around.
I saved over £4.000.00p interest on a five year deal by going elsewhere.