I bought my car 2 years ago on hp but now no longer need it as i have a company car. There is a clause in the contract which states that i can terminate the contract at any time providing i have paid half of the total amount of the finance. I have now paid just over half of the amount and so would like to send the car back and terminate the agreement. However, the car is SORN'd off road and has been since January as i didnt need it with having the company car. My question is, will the finance company pick the car up without it being taxed (and take away on a low-loader or arrange their own tax for it) or do i need to go and pay for 6 months tax for a car i wont be using? If i ring them up to ask them, they will probably just say i have to tax it! does anybody have any prior experience of this or legal knowhow?
TIA