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Should I sell my car on finance?

Filed under: finance

The question

Is it best to sell a 2012 car where I pay a monthly EMI of €361, still outstanding is 34 months, The car is being used only on weekends. I want to buy a second hand one instead of it with budget around €6,000.

Asked by Vamshi Kaniganti ·

Expert answer

Hi Vamshi,

It depends on the car, the finance package and how much you can get for it, really. I think your first port of call should be to your accountant or bank manager, who would be in a better position to give you financial advice than us.

Answered by Neil Briscoe

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