How do I make a settlement enquiry request?

Please send an email to

Please note, if your agreement is being settled by an individual, we require the following details about the third party:

    • Full Name
    • DOB
    • Address
    • Your relationship to the payer

If your agreement is being settlement from a company, we may need the following details:

    • Full Name of the Company
    • Company Number
    • Your relationship to the payer

This list is not exhaustive so we may contact you if we need more information to process your settlement.

We will then be in touch to discuss.

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What is a settlement figure?

An early settlement figure is the amount still owed, plus interest and charges if you want to pay off your car finance early.

Send us a settlement enquiry request and one of our team will get back to you with a settlement figure. 

Whether you are looking to upgrade to a newer model, sell your car or simply want to explore your settlement options, JBR Capital is here to assist you every step of the way.

We need to capture all the necessary information we need to provide you with the best possible service.

Send us a settlement enquiry form today and we will come back to you via email.

How has my settlement figure been calculated?

The final settlement figure is based on the remaining balance due under the agreement, including any arrears (if applicable), minus a rebate of charges included in the total charge for credit, which includes a rebate of interest. 

The amount of the rebate is calculated in accordance with the Consumer Credit (Early Settlement) Regulations 2004 (the Regulations). 

It assumes any monthly repayment which we are currently processing will still be paid (in addition to the settlement figure).

What is a rebate of interest?

When you settle the agreement we refund all the outstanding interest (rebate of interest) from the point at which you settle until the end of the agreement (less 58 days’ interest as permitted by the Consumer Credit (Early Settlement) Regulations 2004). It’s important to note that interest is not apportioned evenly throughout the agreement. The amount of interest included in each monthly payment decreases with each payment. More interest is payable earlier in the agreement than at the end of the agreement. However, a balloon payment may contain more interest due to the amount payable. 

Things that you should consider.

The Settlement Quotation

Our settlement quotation will only be valid for a limited time period, as shown in your letter. If you have have a Direct Debit payment due around the time of your settlement request, the settlement quotation will be invalid, and a revised settlement will be required from us. This will also incorporate the missing payment(s) together with any late payment charge due to us.

Selling your Vehicle without Clearing the Outstanding Finance

You should be aware that it is illegal to sell a vehicle financed through JBR Capital without settling your agreement. Until the agreement is settled, the legal tittle and ownership of the vehicle is that of JBR Capital.

Instead of Settling my agreement, can I just move it to a different Lender?

No, this is not possible. You will be required to settle our agreement directly or ask the new lender to settle it directly with us.

Withdrawing from the Finance Agreement

Depending on the type of Agreement, you might be able to withdraw from your finance agreement within 14 days of signing your agreement by paying us back the balance that we have financed, plus any interest. You'll need to ensure the this payment reaches us within 30 days of the notification. Should this period be greater than 14 days, under the Consumer Credit Act 1974 you have the right to end your agreement and hand back the vehicle at any time before your last monthly repayment is due, but to do this, you must pay at least 50% of the total amount payable under the agreement, minus sums that you have paid and sums that are due.

How to Pay

If you are paying us direct, this must be by bank transfer from an account in your name. Please reference your agreement number when transferring money to us. Ideally, this should be from the account which the direct debit payments have been received. If you pay from a different account, there may be a delay in allocating and processing your payment whilst we undertake additional checks required by Law to ensure compliance with financial crime legislation. Should a payment be received from a person within the Motor Trade, it is important that they are regulated by the Financial Conduct Authority and hold permission from the Regulator to settle motor finance agreements. If the person/organisation does not hold this permission, we may not be able to accept the payment - in such cases, we will notify you of this and return the payment to the person who made it. You will remain responsible for settling the agreement.

Instead of Settling my Agreement, can I just move it to another Vehicle?

Your agreement is vehicle-specific and cannot be transferred to another vehicle. This is because your Agreement with us is based on a number of different criteria, including the vehicle being financed and our expectations of future residual value. A change of vehicle may significantly change our credit and lending decisio`n, including our abilty to offer finace. If you would like to finance another vehicle with us, we may be able to roll this Settlement figure into your new Agreement. Please contact our Direct Sales team on 020 3355 0051.

My vehicle has been subject to an accident, how does it get Settled?

Your insurance company must be notified of our interest in the vehicle and the agreement should be settled directly with us. You are responsible for maintaining your monthly repayments until the settlement is made by your insurance company. If there is a shortfall between the sum provided by your insurance company and our settlement quotation, you must make a payment direct to us for the difference.

After Settlement

Once you have settled the Agreement to our satisfaction and paid any other outstanding sums due to us, we will remove our title to the vehicle on the register operated by HPI Limited. Upon request we can issue a clearance letter to you. We will also cancel the Tracker subscription on the vehicle.