Hi Paul
What do you mean by "amount owing" ? Let's assume the following
[/table]Cost of car |€10k
Interest|€4k
Repaid already|€1k
Future repayments due |€13k[/table]
There is nothing to stop you writing a cheque now for €13k - I am sure that they would be delighted. But there is no advantage in paying them €13k now as you will pay the same amount over the next 4 years and 5 months.
They should do a deal with you e.g. accept €11k now, but there is no obligation on them to do so, unless there is provision in the HP agreement to allow for early repayment.
Check the HP agreement you signed. Is there a clause in it which shows how early repayments are treated?
Did you deal through a garage? If so, they usually have influence with the HP provider and might be able to negotiate a better deal for you. However, try yourself further, as the garage might have to refund their commission if the agreement is paid off early.