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BEWARE person selling dodgy


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Hi everyone just thought I should let others no that after trying to buy a 370Z reg LN10RXM advert provided did not show or owner mention that there is still outstanding fianance on the vehicle good job a friend of mine surgested to do a hpi check .

 

Not really that dodgy though is it?

 

Did you ask if there was finance outstanding (fair play if you did...that's dodgy) ? He may have the full intention of paying it off upon sale.

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did not show or owner mention that there is still outstanding fianance on the vehicle

 

 

As others have said outstanding finance isn't a problem, however the owner not mentioning it would be a no no in my book.

 

 

Pete

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After phoning the finance company who owned the car they told me that he could not sell the car untill he had cleared his money owned on the vehicle and that it shouldn't be for sale and now all the adverts for that car have now dissapeared I'm so lucky that I got my deposit back gutted tho ,now on the search for another 370Z AS MY 350Z goes to a new home very soon.

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After phoning the finance company who owned the car they told me that he could not sell the car untill he had cleared his money owned on the vehicle and that it shouldn't be for sale and now all the adverts for that car have now dissapeared I'm so lucky that I got my deposit back gutted tho ,now on the search for another 370Z AS MY 350Z goes to a new home very soon.

 

Thats BS mate.

 

The finance companies say that. But what they really mean is the keys can't change hands until the money has been paid.

Basicaly you pay the finance company the outstanding balance over the phone, and give the owner the difference.

You then have the keys and own the car.

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After phoning the finance company who owned the car they told me that he could not sell the car untill he had cleared his money owned on the vehicle and that it shouldn't be for sale and now all the adverts for that car have now dissapeared I'm so lucky that I got my deposit back gutted tho ,now on the search for another 370Z AS MY 350Z goes to a new home very soon.

 

Never heard such a load of jive in my life.

 

So they're basically saying you could never sell a car with finance on it....bull. You just need to be with the chimp when he pays it off with your money as you conclude the sale.

 

Good luck with the hunt

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After phoning the finance company who owned the car they told me that he could not sell the car untill he had cleared his money owned on the vehicle and that it shouldn't be for sale and now all the adverts for that car have now dissapeared I'm so lucky that I got my deposit back gutted tho ,now on the search for another 370Z AS MY 350Z goes to a new home very soon.

 

They have just given you the 'Official' line. In reality you rock up to his house, phone the finance company yourself and settle the finance over the phone with a debit card and then pay the owner the difference.

 

They couldn't possibly be seen to be suggesting this incase anything went wrong e.g once you put the phone down he clonks you over the head with a hammer and dumps you in a river whilst saying thanks for clearing his finance :lol:

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