Outstanding Finance.... Help!
Outstanding Finance.... Help!
Author
Discussion

Ston1

Original Poster:

48 posts

209 months

Saturday 16th April 2011
quotequote all
Morning All

I'm looking at a car that has come up on the HPI check as having o/s finance with the dealer. It's a private sale and the guy seems sound, what can I do to make sure I don't get stitched up?

Cheers

Will

joreco

185 posts

236 months

Saturday 16th April 2011
quotequote all
Speak with whoever is showing an interest on hpi and find out if it's current or a mistake. If it's current make sure it's settled before you purchase.

sone

4,612 posts

267 months

Saturday 16th April 2011
quotequote all
If I purchase a car with outstanding finance I settle the finance on purchase and give the balance payment to the present keeper.
Had a mate in the same scenario with a dealer in Nottingham, dealer paid the finanace off but not until my pal had, had the car for 6-7 months.
Then again I wouldn't worry about it lots and lots of cars are on finance.

Steve