Can I reverse PCP voluntary termination?

[PCPstress]

Hi everyone, I need some advice about PCP voluntary termination, now feeling nervous that we’ve made a mistake. We instigated Voluntary termination of car in Dec 2025, just as we tipped into the 4th year of the agreement. Agreement due to end Oct 2026. No financial hardship and we made all the payments but we made the decision to go down to one car ( we have an old VW that we own outright ) to try and streamline our finances.

Car finance company took ages to respond and have only just been in contact to arrange Inspection and collection, this is scheduled to take place at the end of Feb.

I have just been speaking to someone and they have basically told us we have made a huge mistake and are probably going to get stitched up by the finance company. They said they will nit pick over body work and look for any way to knock money off, meaning we may end up owing them loads of money. I’m now very worried and could do with some advice. What can I do now? We have looked after car and kept within mileage limits. Please help. Can we ask them to stop the process?

unsure if you can stop the termination as you have started the process already but thought I would give you my recent experience. I was asked for both keys, service history and an inspection done. Initially they tried to charge me £800 I contested this as was a used car and things suggested were absurd and I didn’t agree with. In the end I got the price to £200 which is far less than it would have cost me to keep the car. I’ve had a few friends go through this who haven’t had to pay anything, one had quite significant damage on hers which was surprising. It may not work out as bad as you think! Have you googled the company doing the inspection to see their reviews?

Presumably you looked into selling the car instead? Pity there wasn’t some equity in it.

This is also an issue, I am just realising that we may lose out on equity ( there should be a tiny bit not a lot)

@Tellmemore16 thank you