HELP TO SELL HUBPayment

Can you offer instant payment for my vehicle?

  1. The short answer is not always, due to dealers using different accounting systems:

  2. Payment Systems:

    • Most dealers offer instant payment, but some larger dealerships use accounting systems that process payments within specific periods or times of the day.
    • CHAPS: Payments made via the CHAPS system are processed on the same working day, typically before 3 PM.
    • BACS: Payments through the BACS system take longer, usually within two to three working days.

  3. If Your Vehicle is on Finance:

    • Processing the payment will take longer due to additional checks. Finance companies often use clearing houses to conduct fraud checks, which can take at least one to two working days.