PCP - can I trade in a car on a PCP contract with a different dealer? | Ask Honest John

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PCP - can I trade in a car on a PCP contract with a different dealer?

I currently have a 2014 Skoda Citigo on a PCP deal which comes to an end in a few months. I am looking to change cars and enter a new PCP deal, possibly a Citroen or a Nissan. Is it possible to use my Skoda as a trade-in with a different dealer other than Skoda without paying the final payment?

Asked on 18 August 2016 by Rebecca Mangan

Answered by Honest John

Flat no. There may not be any equity in the car anyway. The only way is to pay the GFV so you own the car and you can them use it as a downpayment with a different dealer.

Tags: buying and selling pcp

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