HELP - sold a car and it was repossessed from the buyer

HELP - sold a car and it was repossessed from the buyer

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Butter Face

30,192 posts

159 months

Thursday 24th November 2016
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Let them start proceedings, don't cave and give them any cash yet!

R8Steve

4,150 posts

174 months

Thursday 24th November 2016
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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.
That's some good news at least, did they give you any idea of what the outstanding amount is?

motoroller

Original Poster:

657 posts

172 months

Wednesday 7th December 2016
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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.

Butter Face

30,192 posts

159 months

Wednesday 7th December 2016
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Any update then?

crofty1984

15,830 posts

203 months

Wednesday 7th December 2016
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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.
But surely that's the least bad option? You pay the 2k or whatever that Barclay's is owed, they release the car to the person you sold it to.

robinessex

11,046 posts

180 months

Wednesday 7th December 2016
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Maybe the OP has been shot !!!

Welshbeef

49,633 posts

197 months

Wednesday 7th December 2016
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I'm surprised that Barclays don't simply state £xk and the car will be released. They don't want civil actions instead simply paid job done

R8Steve

4,150 posts

174 months

Wednesday 7th December 2016
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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.
I would have thought that is the most important part of information required in this situation so fine it strange you haven't been told this.

Starfighter

4,908 posts

177 months

Wednesday 7th December 2016
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Welshbeef said:
I'm surprised that Barclays don't simply state £xk and the car will be released. They don't want civil actions instead simply paid job done
I doubt that Barclays still have the car. I would imagine that it would be shipped off for the next available auction.

Red Devil

13,055 posts

207 months

Thursday 8th December 2016
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You're a bit late to the party. That was mentioned way back on page 12. wink

motoroller

Original Poster:

657 posts

172 months

Thursday 8th December 2016
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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.

R8Steve

4,150 posts

174 months

Thursday 8th December 2016
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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'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.

motoroller

Original Poster:

657 posts

172 months

Thursday 8th December 2016
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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.

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!!

redddraggon

268 posts

128 months

Thursday 8th December 2016
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motoroller said:
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.
That shouldn't have really been your problem.

Red Devil

13,055 posts

207 months

Thursday 8th December 2016
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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.
As it stands now you're totally exposed if Barclays renege or are unable to do what they have promised.

anonymous-user

53 months

Thursday 8th December 2016
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Who paid off the car finance?

funkyrobot

18,789 posts

227 months

Thursday 8th December 2016
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OP - I hope you haven't been screwed over.

motoroller

Original Poster:

657 posts

172 months

Thursday 8th December 2016
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The Spruce goose said:
Who paid off the car finance?
No one has paid it off. Barclays seem to have realised they are in the wrong and do not have ownership rights to the car.

joshcowin

6,775 posts

175 months

Thursday 8th December 2016
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Hope this isn't some elaborate scam!!

gooner1

10,223 posts

178 months

Thursday 8th December 2016
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motoroller said:
No one has paid it off. Barclays seem to have realised they are in the wrong and do not have ownership rights to the car.

How was this information passed to you?
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