HELP - sold a car and it was repossessed from the buyer
Discussion
motoroller said:
SiH said:
Any further news OP?
Current situation is that the buyer will start legal proceedings next week if I don't refund, but at the same time I've been chasing Barclays and FINALLY got through to someone who understands and deals with these situations. They have sent me forms to be filled in, it's been logged with ActionFraud, and am awaiting response from Barclays.motoroller said:
R8Steve said:
That's some good news at least, did they give you any idea of what the outstanding amount is?
No news on that front. I doubt I'll ever find out.motoroller said:
R8Steve said:
That's some good news at least, did they give you any idea of what the outstanding amount is?
No news on that front. I doubt I'll ever find out.Just had an update. Barclays are removing their marker from the car and will *apparently* return it to me "soon". There had better be a large cheque on the passenger seat if/when it's returned.
I have refunded the buyer, out of goodwill and to prevent any legal action which may impact me (mortgage / job applications in coming years). I have full signed paperwork about having the buyers cooperation and that I have full ownership of the car. The car is, in all honesty, worth a little bit more than what I sold it for, so I don't mind the "burden" of having to sell it on again. There was lots of interest when I did sell it.
I have refunded the buyer, out of goodwill and to prevent any legal action which may impact me (mortgage / job applications in coming years). I have full signed paperwork about having the buyers cooperation and that I have full ownership of the car. The car is, in all honesty, worth a little bit more than what I sold it for, so I don't mind the "burden" of having to sell it on again. There was lots of interest when I did sell it.
motoroller said:
Just had an update. Barclays are removing their marker from the car and will *apparently* return it to me "soon". There had better be a large cheque on the passenger seat if/when it's returned.
I have refunded the buyer, out of goodwill and to prevent any legal action which may impact me (mortgage / job applications in coming years). I have full signed paperwork about having the buyers cooperation and that I have full ownership of the car.
A positive update at least.I have refunded the buyer, out of goodwill and to prevent any legal action which may impact me (mortgage / job applications in coming years). I have full signed paperwork about having the buyers cooperation and that I have full ownership of the car.
I'd still have left all this in the new owners court right enough as you now have a car back that you don't want, is older with higher miles and could potentially have damage done to it.
It will be interesting to see how this all works out.
Good luck to you though and i hope it does.
R8Steve said:
A positive update at least.
I'd still have left all this in the new owners court right enough as you now have a car back that you don't want, is older with higher miles and could potentially have damage done to it.
It will be interesting to see how this all works out.
Good luck to you though and i hope it does.
Thanks - I completely understand why some people would rather leave the main headache with someone else, but for me it's not worth having something silly like this which would take a long time to explain, come up later against my name or personal record. I'd still have left all this in the new owners court right enough as you now have a car back that you don't want, is older with higher miles and could potentially have damage done to it.
It will be interesting to see how this all works out.
Good luck to you though and i hope it does.
Part of the problem here is that the buyers weren't native English speakers so I doubt they would have had the same luck or means to chase things up the way I've been able to.
Fingers crossed it all works out in the end!!
motoroller said:
Just had an update. Barclays are removing their marker from the car and will *apparently* return it to me "soon". There had better be a large cheque on the passenger seat if/when it's returned.
I have refunded the buyer, out of goodwill and to prevent any legal action which may impact me (mortgage / job applications in coming years). I have full signed paperwork about having the buyers cooperation and that I have full ownership of the car. The car is, in all honesty, worth a little bit more than what I sold it for, so I don't mind the "burden" of having to sell it on again. There was lots of interest when I did sell it.
Would it not have been more prudent to do this the other way round? Ensure you get the car back from Barclays with full title then refund the buyer.I have refunded the buyer, out of goodwill and to prevent any legal action which may impact me (mortgage / job applications in coming years). I have full signed paperwork about having the buyers cooperation and that I have full ownership of the car. The car is, in all honesty, worth a little bit more than what I sold it for, so I don't mind the "burden" of having to sell it on again. There was lots of interest when I did sell it.
As it stands now you're totally exposed if Barclays renege or are unable to do what they have promised.
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