I bought a car on HP and have had it for over a year now. I can no longer afford the payments and want to just give the car back. Can I do this?
For many HP/Hire Purchase contracts there is an option or clause that after a certain time period, or after a certain number of payments have been made, you can hand the car back without incurring any additional charges.
You need to discuss this with who you have the HP contract and they can advise you. In addition, if you have all your original paperwork for th car, you can review this.