Savvy Ways to Earn Some Cash from Your Car

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There may be many reasons why you’re looking to scrape together some extra cash as quickly as possible. Whether you’re negotiating a business deal, or you’re hoping to invest in growth for your company, it’s always handy to have some disposable income to work with. Your vehicle could be the first place to start when it comes to gathering some extra money for your business or personal ventures, so consider some of the following savvy methods.

Make a Claim on Mis Sold Finances

If you have previously financed a car and believe you were mis-sold PCP finance, you may be eligible to make a claim and get a partial refund. Take a closer look into Close Brothers PCP Claims and you may be able to receive more information on the refund process, and how much you might get if you were wrongly sold car finance in previous years. In some cases, motorists may be able to receive a refund for the difference in commission between what was paid by you and what the cheapest rate was at the time of purchase. This is certainly worth looking into, even if you’re unsure if this applies to your previous car finance agreement.

Sell Your Number Plate

If you have previously bought an expensive number plate with rare numbers and letters, this could be worth a lot of money. Selling your number plate could be a viable way of earning back some money from your car quickly without actually having to sell your vehicle or downgrade to a different model.

Get a Refund on Vehicle Tax

If you have already paid for your vehicle tax upfront, and your car has been sold, written off or is no longer in use, you may be able to get a partial refund on your vehicle tax. You can apply for this via the government website as long as you can provide the accurate dates for which your vehicle needs to be taxed.

Cut Down on Petrol Usage

One of your biggest expenses when it comes to running a vehicle is your petrol. With prices rising higher and higher, you need to be mindful of your usage and cut back as much as possible. When it comes to reducing your fuel consumption, you can try a number of methods such as making sure your tyres are pumped up and you aren’t accelerating and braking unnecessarily. You may also want to walk more so that you’re making small savings on short journeys!

As you can see, there are a handful of ways in which you could earn some extra money from your vehicle. Whether you’re cutting down on your petrol usage or making a claim from previous finance deals you’ve been involved in, there are plenty of options to look into. Most of these ideas will help you to come up with the cash quickly and effectively so that you can move forward with the ventures you’re hoping to work on as soon as possible.

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