Yes, you can sell a car you have on PCP finance but only if you settle your outstanding finance agreement first.
With a PCP finance agreement, your loan will be secured against the car, so you won’t be its legal owner during the agreement term. And you can’t legally sell a car unless you are its legal owner.
PCP loans typically last between two and four years, and once you reach the end of the agreement, you have options. You can choose to return the car to the lender, put any positive equity towards a new finance agreement, or pay the final balloon payment plus any OTP fee to become the car’s legal owner.
To sell the car during your PCP agreement, you’ll first need to pay the settlement figure. This will include any outstanding finance payments as well as the balloon payment.
You can find out more about PCP car finance here.