From start to finish, you can sell your financed car from the comfort of your phone. Before you begin, request a settlement letter from your finance provider. This tells you exactly how much you still owe, so you can compare it against your car’s value. Then, here’s how our auction works:
We take the hassle out of selling your financed car. Our auction is safe, trusted, and designed to get you a fair deal that reflects the real market value of your car. Don’t just take our word for it:
Selling a financed car doesn’t have to be any harder than selling one you own outright. We mean it.
With your valuation and settlement letter, you’re free to sell to a verified dealer on Motorway. And they’ll clear the balance directly and pay any surplus straight into your bank account, saving you hassle with your finance provider.
Here’s how equity works in practice:
Not sure where you stand? Start with a free, up-to-date valuation on Motorway and compare it against your settlement figure.
Dealers on Motorway are bidding on cars just like yours, and that includes financed, zero-emission, diesel, petrol, large, small, old, new, and everything in between.
We’re the easiest place to sell your Mercedes, BMW,Vauxhall, Volvo, Renault, Land Rover, Alfa Romeo, Toyota, Nissan, Ford, Volkswagen, Skoda & many more makes and models.
Your financed car probably has a ‘guaranteed minimum future value’ quoted in the paperwork, especially if you’re on PCP. That’s a predicted value for your car, but you can get a free, up-to-date valuation on Motorway. Then, decide whether it’s more worth your while to sell up.
If you decide to put your car in our auction, you can sell it to a verified dealer for their best price. All you need is a settlement letter from your lender. This is a document that confirms exactly how much you still owe, including any interest, and it is usually valid for a set number of days. The dealer will clear all your finance directly with no fuss.
Over 85% of cars in the UK are bought on finance, so you’re in great company. And the professional dealers in our network know exactly what they’re doing when it comes to clearing your finance directly. They handle the payoff with your lender and take care of the paperwork, so you don’t have to.
To make the most of the equity you’ve built up, consider selling on Motorway when your car’s value is higher than the remaining balance. You’ll keep the surplus and can decide how best to spend it. That could mean a serious upgrade for your next car, with plenty more options than if you had simply rolled your contract over.
Everything to know about selling, valuing, and maintaining your car. Made simple.
Yes, you can sell yourcar on finance. You do not need to wait until every payment is made. You just need to settle the outstanding balance at the point of sale, and Motorway can help you do exactly that.
The popularity of PCP hasexploded in recent years. In fact around 80% of new and used cars use a PCP. But do you know how it works?
When it comes to buying acar, most of us will experience a combination of excitement and fear. The joy of purchasing some new wheels is mixed with the chance we might make a mistake. But don't worry, our guide to the smartest ways to buy a car will help you avoid wasting time and money.
Buying a used car? An HPIcheck is one of the smartest ways to protect yourself from fraud, hidden finance, and costly surprises. You’ve probably seen it recommended everywhere, and for good reason. But not all vehicle history checks are equal, and knowing what should be covered will help you choose the right one. In this guide, we’ll explain what an HPI check is, what data is included, why it matters, and the various options and costs.
When it comes to buying acar, there are plenty of ways you can do it. From PCP finance to personal loans, to buying a car on hire purchase, there are loads of finance options out there.
If you need a new car,but don’t have the savings for an upfront payment, no-deposit car leasing could be the perfect solution.