Car Repossed Help

[Drawweight]

I'd make the finance company a low offer and see if the accept.

Explain to them that a car that changed hand privately for £1100 is probably not going to fetch much if they put it in the auction.

[BertBert]

Do you know the amount outstanding OP?

[elanfan]

Drawweight said:

I'd make the finance company a low offer and see if the accept.

Explain to them that a car that changed hand privately for £1100 is probably not going to fetch much if they put it in the auction.

Particularly if they have to remove the parts that belong to you before they sell it. Make sure you put them on notice that if they sell the car before you get your parts back you will sue them for the cost.

[GC8]

Roo said:

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.

APology not required.

[tony wright]

I'll ring finance company on Monday (there waiting till then before they proceed) and make a cheeky offer. I'll mention parts but imagine they will fob her off. She (make that me) have replaced the front discs and pads as well as a new battery and I suppose we could include a new front reg plate as old one was broken. Once again, thank you all for the assistance.

[Jasandjules]

And sue the finance company for the loss of the vehicle value as well.... Money Claim On-Line....

[herewego]

I'm interested to know what the CAB had to say about obtaining good title by buying in good faith and whether any legislation supports this in the instance involving a logbook loan shark rather than HP or a conditional sale agreement.

[Butter Face]

To be fair to the lender, it is marked on the HPI report as a Bill Of Sale, it is very clear to anyone looking at the HPI that they have an interest in the vehicle and that there is money secured against it.

A HPI check (properly) would have saved the hassle, always worth £25 even when the car is in the hundreds/low thousands tbh.

[GC8]

They appear to be at the legitimate end of an otherwise illegitimate business.

HPI's adverts a misleading bordering on dishonest, but in this circumstance an HPI check would have been worthwhile.