HELP - sold a car and it was repossessed from the buyer
Discussion
BigLion said:
By way of note, if a car is sold by a small trader it can have finance on it that may not flagged on HPI. Something to do with stock finance...
Not relevant here but shows the pitfalls.
would be a criminal act and wouldn't last long i bet. the same as the ops seller, nefariously sold the car, but in this whole saga seems to have been left out the equation.Not relevant here but shows the pitfalls.
What I'm not clear about is whereabouts of the vehicle. As I understand these situations, finance company get bailiffs to seize car, finance company put car into auction and collect.
Not so however here. I have asked before where the car has been, unanswered.
So what I can't understand is why would the Finance bods just park it up...?
Not so however here. I have asked before where the car has been, unanswered.
So what I can't understand is why would the Finance bods just park it up...?
IanA2 said:
What I'm not clear about is whereabouts of the vehicle. As I understand these situations, finance company get bailiffs to seize car, finance company put car into auction and collect.
Not so however here. I have asked before where the car has been, unanswered.
So what I can't understand is why would the Finance bods just park it up...?
It's unusual... Not so however here. I have asked before where the car has been, unanswered.
So what I can't understand is why would the Finance bods just park it up...?
All I can think is that the message got through to them in time, or they sensed trouble... Normally the repo agent will take them straight to the auction house...
Welshbeef said:
robinessex said:
All quiet here now
Maybe the bank have confirmed the car will not be returned or that the car has already been auctioned and the funds it raised cleared the outstanding finance just. mgtony said:
Welshbeef said:
robinessex said:
All quiet here now
Maybe the bank have confirmed the car will not be returned or that the car has already been auctioned and the funds it raised cleared the outstanding finance just. Where is OP?
Did he also incur legal fee costs for the advice?
funkyrobot said:
motoroller said:
OP is still here and awaiting news from Barclays.
Good luck.Personally, I think you need to be pushing them harder.
OP clearly you don't want to post up the reg number - can you yourself carry out a full HPI report now to see if it is cleared or not, also that will give you number of owners if it's greater than the chap you sold it to clearly it's been sold at auction in which case you are hoping for a cheque from he bank
Welshbeef said:
2 whole working days plus the Sat when they would also be working has past with nothing from them.
OP clearly you don't want to post up the reg number - can you yourself carry out a full HPI report now to see if it is cleared or not, also that will give you number of owners if it's greater than the chap you sold it to clearly it's been sold at auction in which case you are hoping for a cheque from he bank
I will HPI when I hear something from Barclays, will most likely call them in the morning and then HPI in the afternoon. It's been a busy few days with work so haven't had chance to chase it much Friday or today.OP clearly you don't want to post up the reg number - can you yourself carry out a full HPI report now to see if it is cleared or not, also that will give you number of owners if it's greater than the chap you sold it to clearly it's been sold at auction in which case you are hoping for a cheque from he bank
motoroller said:
I will HPI when I hear something from Barclays, will most likely call them in the morning and then HPI in the afternoon. It's been a busy few days with work so haven't had chance to chase it much Friday or today.
They are open until 8pm get on the blower now it's £12k surely worth the effort. motoroller said:
OP is still here and awaiting news from Barclays.
I hope you get the outcome you desire, but I do question your integrity of selling the car on when it is reasonable to assume finance was outstanding - I know you plead ignorance on this but that call from the dealer is the nail in the coffin.Karma has a way of delivering and if you were aware I hope you get nothing back.
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