Finance and payments

Outstanding finance is normal and it is not a barrier to selling. What matters is knowing who the agreement is with and what the settlement figure is on the day, because the vehicle cannot transfer clear of the agreement until the lender has been settled.

There are two usual shapes. Where the agreed figure is above the settlement, the finance is cleared and the balance goes to you. Where it is below, the difference has to be made up before the sale can complete. Neither case is unusual and both are better discussed early than discovered late.

We describe our own process here and point to the lender and to independent guidance for anything that is genuinely a financial or contractual question for you.

What you can work out here

What a settlement figure is and how to get one
What happens when the vehicle is worth less than the settlement
What we need from you when finance is outstanding
How payment and paperwork are sequenced

Questions

Answers in this topic

Shorter answers in this topic

When should I receive payment for my caravan or motorhome?

The short answer

Payment is arranged at collection, once the vehicle has been inspected, the paperwork signed and identity confirmed. You should never be asked to release a vehicle or its documents on a promise of payment later — by us or by any private buyer.

What to expect

Transfer set up at collection, not days afterwards
Confirmation of the amount and the account before it is sent
Bank clearing times can still apply, depending on your bank

Official sources

General information only — not legal, financial or tax advice. Check the official source for your situation.

Written by Caravan2Cash buying team, Caravan and motorhome buyers. Published 2026-01-12, last reviewed 2026-01-12.

Should I settle the finance before asking for a valuation?

The short answer

No need. Ask for a valuation first and request a settlement figure from your lender at the same time, so you can see both numbers together. Settling early with your own money, before you know what the vehicle is worth, can leave you short.

What to have to hand

Lender name and agreement number
Current settlement figure and the date it is valid to
Whether the agreement is hire purchase, conditional sale or a personal loan — a personal loan is not secured on the vehicle

Official sources

General information only — not legal, financial or tax advice. Check the official source for your situation.

MoneyHelper — car and vehicle finance — Explains settlement figures and the different agreement types

Written by Caravan2Cash buying team, Caravan and motorhome buyers. Published 2026-01-12, last reviewed 2026-01-12.

Guides

Read the detail

What should you do next?

Send us the vehicle details and the buying team will call you to talk a figure through. It is free, and there is no obligation to sell.

Get My Free Valuation Call Our Buying Team · 07729 331999

Find out what your caravan or motorhome is worth

Tell us about your vehicle and our buying team will come back to you about a possible offer. It's free and there's no obligation to sell.

Get My Free Valuation Call Our Buying Team · 07729 331999