hi everyone, hope someone can help. I recently part-xed my old car for a new finance agreement with welcome. I now want to VT. I have wrote a letter to my local office and to the sales office explaining this. I have not yet made my 1st monthly payment and I have now cancelled my direct debit. I believe that this should follow- 1. The RAC come out to inspect the car + docs 2. They then arrange collection/delivery of the car 3. I then have to pay the outstanding amount as in the ' Termination: Your rights ' section in the contract. Is this right??? I just want rid of the car, wish I could just arrange to take the car back to the showroom and sort out repayment as in No.3. This is causing a lot of stress and anxiety for me and I am finding it very hard to deal with anything. Hope someone can help Thanks Spike

Thanks m8, have done that

Hi there, I am just needing some advice. I have literally bought a car on finance with welcome about 15 days ago and I am wanting to return the car. I have wrote a letter to the local office that I deal with stating that I want to terminate the agreement, (it was an example that I found on here somewhere). I am going to the local office tomorrow with the letter and hopefully will be able to organise to return the car. I just have a couple of questions: I have cancelled the direct debit before the first payment due 1st May, is this ok when VTing? And obviously there is that outstanding amount to pay back when VTing, can they insist on having it in one lump sum or can I just arrange to pay back what I can afford per month. Any help would be great. Thanks Spike