Sell a financed car

We'll settle your finance • No hidden admin fees

Sell a financed car

If you’re thinking about selling your car on finance, you can get an incredible offer to help you settle the outstanding balance in seconds with GoodBye Car. Just tell us some basic details about your finance vehicle using our free valuation tool for a no-obligation quote in under 1 minute.


Can you sell a car on finance?

Yes, in most cases, you can sell a car with outstanding finance to GoodBye Car. This lets you upgrade your vehicle or helps if you’re struggling with your monthly payments.

If you choose to sell your finance vehicle to GoodBye Car, we’ll take away the hassle. Our team can give you practical advice and help you to pay off your outstanding balance, settling your finance agreement.

Find out more in our comprehensive guide to selling a car on finance.


Sell a financed car in three simple steps

Depending on your car finance agreement, we’ll be able to help you sell your finance car in three simple steps:

  1. Use the valuation tool for your free, no-obligation quote
  2. Book an appointment for us to inspect your car and drop it off
  3. We’ll send the payment the next working day so you can settle your car finance

It’s so simple to help you get a great price and your money quickly and securely.


Should I sell my car on finance online?

If you fancy an early upgrade or you want to free up cash from your monthly car payments, selling your car on finance with GoogBye Car will likely be a great option. 

If you come to GoodBye Car, the car buying service in Scotland, you’ll get a great price, a quick service and expert advice to help guide you through the process of settling your finance. 

If you choose to sell privately, you’ll have to haggle over the price and worry about the payment. Then you’ll have to go through the hassle of settling the finance agreement.

If you choose to part exchange, the price you’ll get will likely be much lower. And if you hand it back to the finance company, you could be subject to some large fees.


So selling through GoodBye Car will be a great option both financially and in terms of your time.


Why choose GoodBye Car to sell your financed car?

When it comes to selling your car, we understand you want a quick sale for a fantastic price. So when you come to GoodBye Car, that’s exactly what you’ll get along with some other fantastic benefits:

  • You’ll get a great price for your car
  • The free valuation takes under a minute and is obligation-free
  • Your payment is sent the next working day and is completely secure
  • We’d never charge you any hidden fees or admin charges – the price we offer is what you receive
  • There are convenient drop-off locations all over Scotland
  • As part of the Peter Vardy, we can give you help, advice and full-service motoring even helping you find your next new car

Want to learn more? Get your car valued today or contact one of our team for help and advice


How much is my financed car worth?

The price you’ll get for your financed car is based on a number of factors:

  • The make, model and trim
  • The age
  • The mileage
  • Service & MOT history
  • The condition

Find out more in our comprehensive guide on what affects the value of your car.


How to sell a car on finance and what you’ll need

Once you’ve had your online valuation, you’ll need to prepare a few things before your appointment.

The key thing is a dated letter from your finance company detailing exactly how much is left on your agreements. We will then take this into account when you come in for your appointment.

It’s important that you prepare for your appointment by bringing:

  • Your vehicle
  • The V5 logbook
  • The service book & handbook
  • Spare keys
  • Any accessories like the locking wheel nut
  • Your MOT certificate - if applicable
  • Your ID and proof of address
  • A letter from your finance company

This will allow us to complete the sale and process your payment the next working day.

Our handy guide will help you prepare and let you know what you need to sell your car.


What cars can I sell?

GoodBye Car accepts the majority of vehicles from a large number of manufacturers. You can find a full list of manufacturers we buy including the likes of Ford, Volkswagen, Citroen and many more. You can also use the valuation tool to find your specific car.

In terms of agreements, you may struggle to sell a car on Hire Purchase (HP) or Personal Contract Purchase (PCP), however, you can ask the finance company for permission. This is because until the car is paid off, the lender is the owner of the vehicle.

If you’re unsure whether you can sell your vehicle, speak to our team for some advice.


Choose a convenient location in Scotland to sell your finance car

Our main valuation centre is located on Airble Road, Motherwell. Complete your valuation online today and book an appointment to sell your car on finance and drop it off. 



Financed car selling FAQs

It’ll depend on whether you’re on a hire purchase agreement, PCP or have a bank loan. You may struggle if you have PCP as the outstanding amount may be too high but once you get a valuation and find out the outstanding balance, we can help advise you on your best option. For HP and PCP,  you’ll also need permission to sell your finance car.

You will have to settle your outstanding finance first, however, you may be able to sell your car through a car dealer. Please contact us and our expert team will be able to guide you through the process.

You'll have to contact your finance provider for an in-date settlement letter for your vehicle. We’ll then take this into account when you sell your vehicle.

Generally speaking, yes, however, it does depend on how much your car is worth and how much is left on your finance. We do take this into account if you sell your vehicle through GoodBye Car.

If you have a PCP agreement or HP and don’t have permission to sell your vehicle from the finance company, it is illegal as you don’t own the car. But as long as you have permission, you can sell your financed car.