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We will settle any outstanding finance on your vehicle. Due to ‘Data Protection’ laws you will need to contact your finance company in order to obtain a finance settlement. Either via email or post. If you prefer to settle the finance personally, we can purchase the vehicle once the settlement amount has cleared and any financial interest held with the vehicle has been removed, it is much faster to let us pay the finance on day of sale. If you owe more on your finance than the sale price agreed, you will need to pay us the shortfall by bank transfer prior to us settling the finance agreement.

Yes, you will need to complete the retention process either using the DVLA online system or filling out a V317 application form to transfer or retain a vehicle registration. This form can be downloaded here or collected from any Post Office. The completed form and appropriate fee should be sent to DVLA, Swansea, SA99 1AR. We can still buy your car whilst this process is taking place. However we may reserve the right to withheld part of the funds payable as a security deposit until we receive the new and updated V5C. Proof of ownership must be provided.

We will pay you by BACS bank transfer. This is a same day payment with no charges. You will receive a confirmation of payment via HSBC Online Business Banking.

The payment is set up and sent at the point of sale. It is a HSBC faster payment service which normally will arrive in your account within 2 hours on the same day. Subject to fraud checks from our bank or yours, this may be held up for authorisation. Depending on the time of day and weekends of bank holidays funds that are fraud checked can take up to 48 hours to arrive.