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Author anyone ever sold a car privatly on finance?
chris_uk
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Registered: 8th Jul 03
User status: Offline
15th Nov 05 at 00:52   View Garage View User's Profile U2U Member Reply With Quote
just someone has asked me if i will do a finance deal with him..

whats everyones thoughts?
Kerry
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Registered: 5th Oct 01
Location: Norwich
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15th Nov 05 at 00:54   View User's Profile U2U Member Reply With Quote
you mean he pays u monthly?
Ian
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Registered: 28th Aug 99
Location: Liverpool
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15th Nov 05 at 00:56   View Garage View User's Profile U2U Member Reply With Quote
No way.

You're not licenced to do it and you're goosed if he stops paying.
poole
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Registered: 12th Oct 03
Location: Sheffield, UK Drives: 2.5 v6 Calibra
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15th Nov 05 at 00:57   View User's Profile U2U Member Reply With Quote
bad idea..

If he wants finance he can get a loan.

[Edited on 15-11-2005 by poole]
chris_uk
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Registered: 8th Jul 03
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15th Nov 05 at 01:05   View Garage View User's Profile U2U Member Reply With Quote
i thought the same.. ill ust have to tell him
Sam
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Registered: 24th Dec 99
Location: West Midlands
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15th Nov 05 at 08:23   View User's Profile U2U Member Reply With Quote
Put it this way - if he asks you that, then that means no-one else will give him the money ie. a loan!
Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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15th Nov 05 at 08:35   View User's Profile U2U Member Reply With Quote
I cannot believe you even considered it
Edd
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Registered: 8th Nov 04
Location: Glasgow
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15th Nov 05 at 08:59   View User's Profile U2U Member Reply With Quote
wtf?????? tell him yes you will do it with an apr of 50% and if he misses a payment his legs get broke
Sam
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Registered: 24th Dec 99
Location: West Midlands
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15th Nov 05 at 09:06   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Edd
wtf?????? tell him yes you will do it with an apr of 50% and if he misses a payment his legs get broke


50% seems a bit cheap?

 
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