Details: Finance Company: Raphael Finance Product: mini cooper convertible 56 plate 74k miles Term: 5yrs Repayments: £133.71pm APR: 19.9% Start date: 11th March 2018 Settlement figure before June 2018: £4068 Settlement figure after May 2018: £5950 Hello Everyone, I am new to this group and have a car finance problem which I would appreciate help with. Briefly the costs of running this car are beyond my capabilities. I am locked into the repayments and not allowed to sell the car, yet I must get to work. I have been offered just £1500 on part-exchange by the garage I bought the car from. I have tried to take out a bridging loan from my bank (natwest). I am young and have not built up my credit rating enough to get a loan, and have no assets to gtee. any loans. I am finding myself in a very stressful situation whereby I can neither afford the car and cannot get rid of it without being ripped of by unsecured loan sharks who want 40%APR. Please help ♥♥