Buying a car with outstanding finance.....what to do

[dasherdiablo1]

I've found a car that suits my needs but it has finance with Porsche - I want to take the car away on the day as long as it is in the condition the seller has told me it is in. The thing is there is £10k of outstanding fiancé; what is the best way to sort this and not get stung?

Cheers in advance.

[steve954]

Simple phone up the finance company and pay it off yourself with the remaining money being paid the the owner.

[Gruber]

On the day you collect, you get the seller to phone Porsche finance, you give Porsche your card details to take payment for the £10k, they confirm that's all settled, you pay the seller the balance, take keys and drive off into the sunset.

Or get the seller to take out a bridging loan for the £10k and pay it off before you collect.

[dasherdiablo1]

Thanks chaps I thought that might be the case but wanted to be sure :0)