LScorsa
Member
Registered: 31st Oct 02
Location: Mansfield, Nottinghamshire
User status: Offline
|
Just done a car check for a vectra im looking at buying and its come back as having finance or loan secured on it. The AA are going to contact the fianance company but could there be a genuine reason for this that wouldnt mean being a risk to buy it. Its an R reg so there could be something like a HP agreement on it.
Thanks
|
mav
Member
Registered: 19th Jun 01
Location: Scotland
User status: Offline
|
Guy could still owe money...he might be wanting to pay off the load/finance once car sold...
|
LScorsa
Member
Registered: 31st Oct 02
Location: Mansfield, Nottinghamshire
User status: Offline
|
Yeah thats what i thought. Once the car is sold and the documents changed will any sort of problems stay with the owner or will it come to me- if he doesnt pay them for instance?
|
Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
|
well get an agreement saying that if he hasnt paid the finance company within 14 days he refunds you and you return the car... then get him to sign it an get a parent 2 witness it and you have a legalkly binding document
|
mav
Member
Registered: 19th Jun 01
Location: Scotland
User status: Offline
|
Dunno depends if it is car finance or loan etc...not too sure m8....
|
LScorsa
Member
Registered: 31st Oct 02
Location: Mansfield, Nottinghamshire
User status: Offline
|
Thats not a bad idea, will have to wait and see what AA find out just dont really want to risk losing money and car if things do happen to go wrong
|
Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
|
thats what i did when i sold my corsa an the buyer was very impressed 
|
LScorsa
Member
Registered: 31st Oct 02
Location: Mansfield, Nottinghamshire
User status: Offline
|
Yeah its just abit of comeback if anything does happen, thanks for ur help m8
|
Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
|
|
