richard plumb
Distinguished Member
Hi,
Presumably its not allowed. So whats the recommended approach? Short term loan to settle the finance, paid off when the car is sold?
I'm (rather foolishly probably) contemplating chipping in my Z4 for a more sensible 3 series coupe, but the BMW trade-in will just about clear the finance and not give me any deposit. If I sell it privately I should be able to get more for it, possibly enough to cover the deposit as well. But settling the finance may be an issue.
Presumably its not allowed. So whats the recommended approach? Short term loan to settle the finance, paid off when the car is sold?
I'm (rather foolishly probably) contemplating chipping in my Z4 for a more sensible 3 series coupe, but the BMW trade-in will just about clear the finance and not give me any deposit. If I sell it privately I should be able to get more for it, possibly enough to cover the deposit as well. But settling the finance may be an issue.