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Why do I need to provide an exact settlement amount?

Why do I need to provide an exact settlement amount?

• Updated

It’s important to tell us the exact amount owed (rather than an estimation), so we’re able to pay your lender the right amount once we’ve agreed to take your part exchange car. This amount won’t include any remaining interest that you would have paid if you continued with your agreement. This is known as an interest rebate. The amount of interest that you get back depends on where you are in the agreement.

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