With the vast majority of brand new cars purchased being bought on finance, selling a car with outstanding finance is common.
It's usually fairly straightforward to settle the finance when selling your vehicle, providing the sale price covers the outstanding balance remaining.
Yes, you can. Once you have dealt with your insurers and informed the DVLA, your car will be reclassified, most often as category C.
As long as you declare this when selling, it is perfectly legal to sell a vehicle that has been written off.
Once you have sold your car, received payment and handed the car over, there are a few things you need to do to complete the sale legally and protect yourself:
You're likely to get the most for your car selling privately. On average you may get 10-15% more than you would selling to a dealer. It can be the most time-consuming way to sell a car but if your not pressed for time and can afford to wait for a good offer, it is usually the most profitable.
You will need the following details when selling your vehicle:
You can get most of this information using our free car check service.
You'll need the following information to get a valuation: