2 years ago I took out finance to buy a car. It was a two seater which suited me at the time but I've since had a baby so obviously this isn't ideal. Unfortunately the settlement figure for the finance agreement is twice the value of my current car so even if I sold it I wouldn't be able to pay off the finance to enable me to buy another. I've still got 3 years left on the agreement.
Does anyone know if it's possible to refinance a car loan? As in, extend the loan, continue my current payments and buy another car.
Any advice appreciated as I'm totally clueless when it comes to these things!
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Car finance question- any advice welcome
10 replies
JK90 · 06/08/2020 17:00
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