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Help with Voluntary termination

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Hi Guys

 

Hoping that someone can lend a hand with this one...

 

I recently (month and a half ago) ended up with a company car that ill also be using for all my private miles and a such no longer have any need for my Fiesta.... The finance agreement was the regular PCP ford credit one with a small deposit.

 

Now as i am almost half way through my term I was under the impression I could call them up and simply ask for VT (nice and easy) however when I've spoken to them they have advised that I need to pay them 3,200.... Really?

 

Current market value is around 9,500 - 10,000 for a 15 plate titantum 5 door with citypack and ecoboost engine and Ford Credit have said I can buy the car for 9,600 so how on earth do they think I would owe them almost 4grand?

 

Help! :)

Thanks!



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