Jump to content

Ending my Lease Early - Help!

Recommended Posts

Hi, so i've been offered a company car from work so looking to end my lease with my golf early. I have just over one year left of my 3 year lease. I contacted Arval and they gave me two options - one is an 'Actual cost termination' and the other is I have to pay 50% of the outstanding rentals which works out at just over 2k. 


I've never heard of the 'actual cost termination', but from what I make out they take away the car to auction, and then I pay the difference between what it sells for and what they estimate the value being. Risky option as if it for some reason sells for a lot less then i'll be paying the difference (which could be a lot more than 2k).


Has anyone got any experience with this or know anything about it? I'm not sure what the best option is to go for!


Thanks in advance.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...