Car Finance Related Question

[Original Poster]

Hi Chaps,

I have had the 330 for 2 years now and looking to upgrade to an E46 M3.

The current 330 has a couple of grands worth of finance left over, approx £2500.

If I payed the existing finance off of the 330 could I simply top up the extra amount for the M3 onto that finance agreement to save me changing companies?

[markmullen]

No, it will be treated as a new agreement.

Speak to your current lender though, they are often keen to get your repeat business so will do you a competitive rate on the new deal and will make the paperwork easier.

[Original Poster]

markmullen said:

No, it will be treated as a new agreement.

Speak to your current lender though, they are often keen to get your repeat business so will do you a competitive rate on the new deal and will make the paperwork easier.

Great. That's the answer I was looking for, thanks!