Settling the Zoe early (Mr Butterface)

Settling the Zoe early (Mr Butterface)

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Discussion

DSLiverpool

Original Poster:

14,987 posts

207 months

Sunday 4th October 2015
quotequote all
Well we dont need 2 EVs in the fleet, because of my change in circumstances I need a longer range and the Mrs can use the Leaf as its bigger.

The Zoe is on a HP Agreement with a early termination option but I dont understand it (!) I will ask Renault on monday but if any Renault guys read this can I have thoughts please.

I am happy to get a petrol Renault for 2 years if that helps we just need a family car to go with the Leaf and (when it eventually arrives) the Mustang.

Edited by DSLiverpool on Sunday 4th October 13:12


Edited by DSLiverpool on Sunday 4th October 13:15

shake n bake

2,221 posts

212 months

Sunday 4th October 2015
quotequote all
How long have you had the car?

DSLiverpool

Original Poster:

14,987 posts

207 months

Sunday 4th October 2015
quotequote all
5th Jan not a year but I see they mention different offers for 18 months on - it's a 2 year deal.
If we got another Renault I would only want 2 years max

Roo

11,503 posts

212 months

Sunday 4th October 2015
quotequote all
That looks like the cost of getting out of the battery hire only. You'd then have the cost of settling the HP agreement on top.

Butter Face

31,109 posts

165 months

Sunday 4th October 2015
quotequote all
Roo said:
That looks like the cost of getting out of the battery hire only. You'd then have the cost of settling the HP agreement on top.
Correct!

On the second page of your actual finance agreement there are two boxes which detail your termination and repossession rights and the amounts needed.

Or you can call RCI and ask them, once you've paid 50% of the total payable (including interest etc) then you can hand the car back.

gangzoom

6,641 posts

220 months

Monday 5th October 2015
quotequote all
It's the same as my Leaf contract. 50% of TOTAL borrowed value - In my case £7k!!. It's cheaper to hang on to the car till the end of term. If your really desperate, park it up on the drive and than hand it back at end of term. I doubt the dealers will be able to do much, the final payment on these cars are stupidity high - Which is how they can give you a low monthly payment figure.