Yes. Motorway Pay makes it much simpler to pay for financed cars. In one click, you can clear outstanding car finance with the lender, and pay any surplus to the seller.
Our payments to finance houses are wired within 24 hours of your transaction on Motorway Pay.
Although it can take a short while for finance houses to acknowledge that the finance is cleared, we send proof of payment to both you and the seller, for peace of mind.
What about negative equity?
If you buy a vehicle in negative equity, you can still use Motorway Pay to simplify the transaction process.
We collect the outstanding equity from the seller and combine it with your payments to clear the settlement amount with the finance house in one click.
If you’re using Motorway Pay to purchase a vehicle in negative equity, please get in touch with the Dealer Support Team.