I've been thinking about VTing my citigo for a while now as I have just passed the 50% mark on my payments. And being offered my dads (not very exciting ) old car as hes quitting driving I though id go for it.
I phoned up VWFS on Friday and it was all done in a minute.
If anyone is thinking of this its really easy. They check you have paid to 50% mark and then ask you if you want to go ahead. Once I said yes, that was it. The local auction house will arrange collection of the car and that is it. If the collection runs into next month I will be billed, but refunded as ive arranged to VT the car before the payment date.
Also, they confirmed that mileage doesn't matter if you VT (in my case im well under my milage!) and as long as the car is drivable and there are no scratches or dents down to the bare metal they aren't bothered about the condition either.