Its a sad day but unfortunately I’m going to have to give up my Twizy :(.
My job has recently moved and my commute is just too long to make the Twizy even half way practical, coupled with the high cost of finance, battery hire and insurance it just isn’t worth keeping, I figured out that I’ll save over £100 per month if I switch to a used ICE Smart car and that isnt even counting the extra comfort and practicality of the Smart.
Anyway I’m currently about 14 months into a 4 year finance contract so I rang Renault Finance for advice and they told me that if I want to terminate the Hire Purchase scheme that I’m on then I have to pay them up to half of the total cost of the vehicle (currently another £2400 away) then I can just hand it back, other than that they suggested that I could try and see if the dealer would be willing to buy the car back from me or I could try and sell it privately. The settlement figure they gave me was £6098.33.
I was just wondering what to do, I haven’t heard back from the dealer yet but I doubt that they would cover the full cost so I would probably end up having to make up the difference anyway, although my dealer has been very helpful so far, much better than the dealers that a lot of you have had to deal with anyway. Do you think that someone would want to buy an (almost) 2 year old Twizy Technic with doors and Twizy Windows with under 8500 miles on the clock for £6100? Or should I just bite the bullet and pay off the remaining finance?
Ill update once I’ve heard back from the dealer as well.
Any advice from the community would be great thank you :).