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Settling agreements

Want to upgrade your vehicle?

There are many reasons why you may decide to settle your vehicle finance agreement early. Perhaps you have seen a new car you’re interested in buying?

When you settle your agreement, any equity in your vehicle can then be used as the deposit for a new agreement linked to your new car. This means you can easily upgrade your vehicle as and when it suits you.

Get a settlement quote

If you want to pay off your entire loan early you’ll need to request a settlement quote from us.  You can settle your motor loan with us at any point in your agreement by paying the settlement figure quoted.

To get a settlement quote you’ll need to request a settlement quote from us. The quickest and easiest way for you to do this is to log in to your Close Brothers Motor Finance online account, where you can request one automatically from the system. 

This quote will be valid for 28 days from the day you requested it. All you need to do is print off the settlement quote and hand it to one of our approved dealer partners.

If you haven’t activated your Close Brothers Motor Finance online account yet, then contact your local branch to request a registration key.

Find a dealer

One of our approved dealers will be able to provide you with a finance quote to take out a new agreement for a new car, motorbike or van. If you want to go ahead at that point you can apply for finance quickly and easily in the dealership.

Even If you have found your next vehicle at a dealership we are not partnered with, your local branch can provide you with a quote to finance a new car.

Contact your local branch

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Frequently asked questions

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