Sell a Car With Outstanding Finance in Hexham

Sell a Car With Outstanding Finance in Hexham and the Tyne Valley

Having outstanding finance does not stop you selling your car, it just adds a step. On HP or PCP the finance company is the legal owner until the agreement is paid off, so the finance has to be settled as part of the sale. We do this routinely across Hexham and the Tyne Valley: you get a settlement figure from the lender, we deal with them directly, the finance is cleared, and any equity above the settlement is yours.

You can sell, you just have to settle the finance

On a hire purchase or PCP agreement, the finance company owns the car until the final payment is made, which is why you cannot simply sign it over while money is still owing. The way round it is straightforward: ask your lender for a settlement figure, the amount to clear the agreement today. That figure tells us, and you, exactly where the car stands.

We deal with the lender directly

You do not have to find the money to clear the finance first. We deal with the finance company directly: the settlement is paid to the lender, the agreement is cleared, and if the car is worth more than the settlement, that equity is paid to you. If the settlement is higher than the car is worth, which can happen early in a PCP, you make up the difference, and we explain all of it plainly before anything is agreed.

Other routes, and the full legal picture

Depending on how far through the agreement you are, voluntary termination may also be an option once you have paid a set proportion of the total, and your lender can confirm where you stand. For the full legal detail on selling a financed car, see our guide to selling a car with outstanding finance. Whichever route suits, we will walk you through it.

Across the Tyne Valley, finance settled for you

We buy financed cars from Prudhoe to Haydon Bridge, deal with the lender directly, and pass on any equity that's yours.

Outstanding finance does not stop the sale. Get a settlement figure, we deal with the lender directly, and any equity is yours.

How to get a firm offer

Enter your registration in the box above and add a couple of condition details, or call us on 01434 400 444. We come back with a human-reviewed offer, usually the same day. If you accept, we agree a collection slot, bring the right kit, pay by instant bank transfer on the day, take the V5C and photo ID, and notify the DVLA before we leave. Local and family-run since 2021, free collection across NE46, NE47 and NE48.

Written from the yard by John James, who has bought cars directly from sellers across Hexham and the Tyne Valley since 2021. Last reviewed June 2026.