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Used Porsche and Prestige Cars For Sale | Harbour Cars

Finance repayments

A

Andy Dyer

New member
Joined
1 Dec 2005
Messages
31
Can anyone help??

Have had my 993 for over a year now but due to an imminent addition to the family I'm going to sell it..... Had financed the car over 4 years with a balloon payment. I'm certain I've read somewhere about how to minimise any payments I need to settle the loan by informing company and then paying the sum back in v short timespan. Is this right??

Any help much appreciated

Andy
 
Andy,

are you talking about reducing penalties by paying lump first leaving small balance to settle?

If you let me know how much you borrowed initially, who the fin co is and what type of agreement it is I will offer any advice that i can mate.

Jamie
 
Cheers Jamie - much obliged, just logged back on for couple of mins now but will pm this info at some stage tomorrow.

Thanks
 
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