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  Car Finance Q&A - Personal Circumstances

Can you sell a car on finance?

I want to sell a car which is on finance and I'm still making payments. Is there a way to do it?

Jenna Samuels

Answer from the Stoneacre finance team:

Hi Jenny, it's illegal to sell a car to someone if there's outstanding finance. In any circumstance, you should contact lenders directly and explain your situation. They will then give you a settlement sum which you'd need to repay. After it's paid, you can legally sell your car as an owner.

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