Changing finance and returning bike?

[callum94]

I have found this https://www.ebay.co.uk/itm/2008-Honda-CBF-250-Only-3-405-Miles-Full-Honda-Dealer-Facilities-/171060640741?pt=UK_Motorcycles&hash=item27d4023be5

My question is can you change finance on a motorcycle and return the old motorcycle to the store. My CBR currently costs £90 finance a month and £80 a month insurance, but this CBF250 would cost me £97 a YEAR and the finance might be cheaper.

This is the same store I bought my current bike from so would they accept it back if I cancel the finance and change the finance for this 250?
https://s17.postimg.org/ye5ewkv4r/insurance.jpg

EDIT : I'm going to phone them tomorrow after work and hope they still have it. I'm just hoping for the best.
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Current: CBR 125R 2012 (Black)
Restricted licence (33hp): 09/12/12

[Nexus Icon]

[The Disapproving Brit]

Ask them. They certainly don't have to, and best you could probably hope for is them giving you a part ex value on it. Still, you might get lucky.
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Current Bikes: 1983 Honda VF400FD / 2003 Honda VT750 Shadow
Bike Test Passed 18/03/09, Car Test Passed 14/05/13

[Wonko The Sane]

As above, you'll probably find that you end up trading the old bike in with hopefully enough to buy out the finance left on it to then take out a new finance on the CBF250


Not sure how that is an 'F' since I thought F stood for the faired model...

[j.silvs]

If you have had the finance on your bike for half the period you could simply call up the finance and tell them to take the bike and it will be cancelled. Credit rating won't b touched neither.

If it is less than half the period then you may have to put some money in.

As long as your not in negative equity you should be fine or as said, if it's half the period or more you can simply hand it to finance company

[iooi]

[Turkish]

You actually agreed to a £960 premium on a 125? You could buy one outright for that!
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ZX-6R G2
CBR125R RW6

[TheSmiler]

The old motto goes "You won't know until you ask".

So ask.
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CB125>CG125>GN125>ER5>K100RS>R1100RS>K100RS
A2 completed 23/07/15 Ready for the Golden Crisp Packet

[callum94]

Ok thanks guys. I'm going to ring up about 10 today (when the store manager arrives, which is who I bought my current bike off) and see where it goes from there.
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Current: CBR 125R 2012 (Black)
Restricted licence (33hp): 09/12/12