Simply enter your search criteria and click the ‘find my car’ button. Once you’ve reached the listings page you can browse through the vehicles or refine your search using the filters, these are on the left of your desktop screen or in the dropdown on mobile.
What is the best site to find a car?
Best Used Car Sites of 2022
- Best Overall: Autotrader.
- Best Basic Option: CarsDirect.
- Best for Classic Cars: Hemmings.
- Best for Mobile: Autolist.
- Best for Cheap Cars: CarGurus.
- Best for Comparing Options: AutoTempest.
- Best Auction Site: Cars & Bids.
Can you swap a car on finance Motonovo?
If you want to part-exchange your vehicle with Deferred Payment(s) and/or interest on them outstanding, you will either need to pay the full outstanding amount to us before the part-exchange or arrange for the outstanding amounts to be paid directly to us from the part-exchange proceeds.
Can I have 2 cars on finance?
There’s no limit to how many cars you can have on finance at one time. The number of finance agreements that you can be approved for would depend on your individual circumstances, credit history, and affordability. It isn’t unheard of for people to have two or three car finance agreements in their name.
How does find and fund my car work? – Related Questions
Will a car dealer pay off my finance?
Will a car dealership settle my finance? Another short answer: yes. This is a popular process for people looking to upgrade or change their car before paying off the total outstanding finance.
How do I get out of MotoNovo finance?
In all instances if you wish to voluntarily terminate your agreement you must inform us in writing, by email, or over the phone. Please send your letter, which must include your name, address, agreement number and contact phone numbers, should be sent to: MotoNovo Finance, One Central Square, Cardiff, CF10 1FS.
Can you pay off MotoNovo finance early?
Yes. You can settle your agreement at any time and there is no penalty charge for doing so.
Can I hand my car back to finance company?
If you financed your car with a Personal Contract Purchase loan and you’ve already paid off at least 50% of the amount owing, you can hand it back to the lender. Keep in mind that this 50% figure also includes fees and interest. This option is known as voluntary termination and will be written into your PCP contract.
Can I return a car on hire purchase?
You can cancel and return something you’re paying off through hire purchase at any time, but you might owe money to the company you bought it from. ‘Hire purchase’ is a type of borrowing where you agree to pay instalments on an item but you don’t own the item until you’ve paid off the agreement.
What happens if I want to return a financed car?
If you return the car to the lender, the lender will likely sell it. It will apply the proceeds of the sale to your car loan balance, after reimbursing itself for the costs of sale and certain fees.
Will my car be repossessed if I miss one payment?
If someone has a car through a finance agreement, then normally they don’t own it until the final payment for it has been made. It remains the property of the finance firm. If they then go into arrears with their car payments, it may then be repossessed.
How can I get out of a financed car?
5 options to get out of a loan you can’t afford
- Renegotiate the loan. You can reach out to your lender and negotiate a new payment plan.
- Sell the vehicle. Another strategy is to sell the car.
- Voluntary repossession.
- Refinance your loan.
- Pay off the car loan.
Does surrendering a car hurt your credit?
Voluntarily surrendering your vehicle will have a substantially negative impact on your credit scores because it means that you did not fulfill the original loan agreement. When you voluntarily surrender your vehicle, the lender will sell the car to recover as much of the money owed as possible.
How do I return a car I can’t afford?
If you simply can’t afford your car payments any longer, you could ask the dealer to agree to voluntary repossession. In this scenario, you tell the lender you can no longer make payments ask them to take the car back. You hand over the keys and you may also have to hand over money to make up the value of the loan.
How do you trade in a car that is not paid off?
Going to a dealership to trade in a car that still has a loan can be almost as simple as trading in a car you’ve paid off. The dealer will pay off the existing loan and get the title directly from the lender. The dealer will also take care of all the paperwork.
How do I know if I have positive equity in my car?
You reach positive equity on a car once the market value of your car surpasses the principal amount of your loan. Let’s say you take out a $20,000 loan for a $25,000 car, and you made a $5,000 down payment. If that car’s current market value is $23,000, then you would have $3,000 in positive equity.
Can I sell my car back to the dealership if I still owe?
Selling to a dealer or trading in your vehicle when you still owe money is an easier way to offload it than selling to a private party. Most dealers will handle the transaction and work with your lender to close out the loan.
Will dealerships pay off negative equity?
If you have negative equity on the car (as in it’s worth less than what you currently owe), the dealer may still buy the car and pay off the loan, but the difference will be rolled into your new car loan — meaning you’ll still need to pay it off eventually.
How much negative equity is too much?
How much negative equity is too much? The best way to determine if the negative equity is too much is to calculate the Loan-to-Value ratio (LTV). Ideally, the loan amount should not exceed 125% of the resale value.
Is it smart to trade in a car with negative equity?
Trading in a car with negative equity can be beneficial if you can find a vehicle that is less expensive and fits into your budget. However, you need to be careful, as you could go into greater debt and more negative equity.