Hi Debbie and thanks for your email.
The first thing you will need to get is a precise settlement figure from Vauxhall finance. You cannot simply multiply your monthly payment by the number of remaining months as you will be due a rebate of interest for the remaining period left so hopefully it will be a bit less than you think. For some more advice on this CLICK HERE to go to our information page on settlement figures.
The dealer you spoke to doesn’t sound very helpful and this may be because they don’t have a Consumer Credit License (CCL) which they have to have by law to arrange finance or to settle off your current finance agreement. So maybe you should find a larger or more reputable car dealer who has the experience and is licensed to help you. If they have a CCL they should have their certificate displayed on the wall of their office or you can go online and check the national register to make sure they are licenced correctly.
Once you have found a car the dealer will deduct the Vauxhall finance settlement figure from what he gives you for your astra and the remaining amount will go towards the deposit of your next vehicle. (this is all explained in our information page.)
If you would like us to run through all of the figures with you before you go looking again then feel free to call us on 0800 066 2888 so that one of our advisors can explain the process to you.
They can give you an idea of how much your next car will cost you per month and can you pre-approved for you next car loan before you go shopping for your new wheels.
I hope this makes sense and is of help to you. If you have any more questions feel free to email us again or call us on the number above.
