• Welcome to the LegalBeagles Consumer and Legal Forum.
    Please Register to get the most out of the forum. Registration is free and only needs a username and email address.
    REGISTER
    Please do not post your full name, reference numbers or any identifiable details on the forum.

Bought and sold a car not knowing finance is owed

Collapse
Loading...
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Bought and sold a car not knowing finance is owed

    Hi guy & gals.
    Sorry if this has been touched before. I did do a quick search.
    Right where to begin...
    I aquired a car from a garage in January 2016. I px my car in.
    It was advertised as HPI clear so i didnt do the usual checks
    Now i have sold the on as it wasnt to my taste. I owned it 8 montha. The new owner has contacted me asking about the outstanding finance. Im totally gutted that this has happened. I for one had ZERO inclination there was finance outstanding i feel so bad i have offered to take the car back.
    I have tried to contact the garage but it seems to have disappeared from existance
    I have run my own hpi check and the finance is with Barclays and was taken out 9 months prior to me taking ownership. The finance is conditional sale and was taken out over 60 month period so at a educated guess theres ALOT outstanding.
    Where would i stand if i take the car back from the new seller?
    Where does he stand if i dont?
    Last edited by Kazama76; 7th August 2016, 23:42:PM. Reason: Additional information
    Tags: None

View our Terms and Conditions

LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.
Working...
X