Car Repossed Help

[anonymous-user]

My understanding of a logbook loan purchase by third party is basically you are stuffed, you can only take the seller to court to get your money back, and that is something that can be done for relatively little money thru the fast track system for claiming.

[tony wright]

Thanks for the information. I suppose it would be a futile quest, if she had to go to an outfit like that the chance of recovering anything from her would more than likely be nil. I'm still trying to get my head around the finance company telling me there had been several different owners since 2014, but only now, nearly two years later have they managed to re claim the car from my Daughter.

[KungFuPanda]

Personally, I'd write the car off and try and help your daughter save for a new one or lend her the money for a new one in order that she has a car for when the baby arrives.

Then, I'd make it my little pet project to ruin the life of the woman who sold the car on with the finance on it. Find her details, get her address and then issue a claim against her. Even if she doesn't have any money to pay the judgment, you'll still be able to wreck her credit record with a CCJ. The cost of issuing a claim for circa £1200 won't be a lot.

[elanfan]

Am I right in thinking that any parts you have fitted to the car are rightfully yours so you should be able to recover those of the cost of them?

[GC8]

Roo said:

GC8 said:

JacquesMesrine said:

A few are quoting some Hire Purchase Act. Is that still in force? If so, does it cover a loan secured on the car that isn't HP?

Very much still in force, but scummy 'logbook loans, are beyond the scope of the act and rely on archaic bailment law.

OP: few lenders appear to record the loans propetly, so the repossession may not be lawful.

Bailment law and HP secured loans are different.

HP would give you the clear title, bailment (logbook loan) won't and don't have to be recorded against the car.

That appears to be what I have said?

[northwest monkey]

KungFuPanda said:

Personally, I'd write the car off and try and help your daughter save for a new one or lend her the money for a new one in order that she has a car for when the baby arrives.

Then, I'd make it my little pet project to ruin the life of the woman who sold the car on with the finance on it. Find her details, get her address and then issue a claim against her. Even if she doesn't have any money to pay the judgment, you'll still be able to wreck her credit record with a CCJ. The cost of issuing a claim for circa £1200 won't be a lot.

If the car is being repossessed for not keeping up a logbook loan secured on it, I'm going to guess she's already got at least one CCJ & her credit was already ruined in the first place - hence the logbook loan rather than a loan from Lloyds.

I do know exactly where you're coming from, but sometimes it's just better to move on & get on with your own life. The person who took out the loan may well be now under an IVA or even bankruptcy so it would be a futile exercise anyway. It's a lesson learned & luckily for "only" £1200. It could have quite easily been £12,000.

[anonymous-user]

for £80 always pursue else she does it again.

[rallycross]

let us know what happens.

What was the Reg it would be interesting to know if it is listed as being on finance when a proper HPi check is run.
If it's not listed then this sort of thing could happen to anyone.

[tony wright]

Quick question. Turns out the guy my Daughter bought the car from (3 miles away) did actually register the car in his name and is the last registered keeper albeit only for three weeks. We also have the paperwork he produced at the time and this includes a current valuation (at the time) as well as a NICB (National Insurance Crime Bureau) VIN check. So could we look at recovering costs from him and then he can chase the girl who took out the loan in the first place? I know it sounds a bit jack but presently only concerned about my Daughter.

Edited to include Reg No NH07HHL

[Butter Face]

If you'd HPI checked it you'd have seen that there is s 36m agreement with Mobile Money tied to the car.

Unfortunately I don't think you're getting anywhere with this. ALWAYS HPI check a car BEFORE you hand over money...

[familyguy1]

not sure I follow the thought of chasing the previous buyer, he took the same risk as you when buying it, just you got burned he didn't and sounds like he was not aware of the situation either.

Sorry to say either chase the vehicle check company you used or take the hit. I've heard before that you can't claim on someone else's vehicle check either it has to be in the buyers name.

[herewego]

tony wright said:

Quick question. Turns out the guy my Daughter bought the car from (3 miles away) did actually register the car in his name and is the last registered keeper albeit only for three weeks. We also have the paperwork he produced at the time and this includes a current valuation (at the time) as well as a NICB (National Insurance Crime Bureau) VIN check. So could we look at recovering costs from him and then he can chase the girl who took out the loan in the first place? I know it sounds a bit jack but presently only concerned about my Daughter.

Edited to include Reg No NH07HHL

Why would he have a NICB VIN check? Maybe he also HPI checked it after buying, realised there was a loan attached so got rid of it quickly.

[AutoClouseau]

Tony, have sent you a message.

[clarkey]

Butter Face said:

If you'd HPI checked it you'd have seen that there is s 36m agreement with Mobile Money tied to the car.

Unfortunately I don't think you're getting anywhere with this. ALWAYS HPI check a car BEFORE you hand over money...

When was it taken out, by the seller or the owner prior to the seller?

[Roo]

GC8 said:

That appears to be what I have said?

Not sure why that quoted your post. Must have that by mistake whilst typing on my phone. Apologies.

[Butter Face]

clarkey said:

Butter Face said:

If you'd HPI checked it you'd have seen that there is s 36m agreement with Mobile Money tied to the car.

Unfortunately I don't think you're getting anywhere with this. ALWAYS HPI check a car BEFORE you hand over money...

When was it taken out, by the seller or the owner prior to the seller?

October 2013.

[tony wright]

AutoClouseau said:

Tony, have sent you a message.

Brilliant Jonathan, thank you very much for your assistance it was really appreciated. I'll keep you updated.

[BertBert]

tony wright said:

Brilliant Jonathan, thank you very much for your assistance it was really appreciated. I'll keep you updated.

Hope it ends up being good news!

[anothernameitist]

Don't know the detail of the PM to you OP.

Why not offer the finance company some £s say £200. Might accept and its cheaaper than getting a solicitor.

Just a thought

[CYMR0]

KungFuPanda said:

Even if she doesn't have any money to pay the judgment, you'll still be able to wreck her credit record with a CCJ.

1. Your contract, and therefore your claim, is against the seller of the car to you, who did not himself have good title (though he was innocent).

2. Even if you got a CCJ, you can bet that if she's using logbook loans, her credit rating is already toxic.