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How long does a Finance Company's claim last?

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  • How long does a Finance Company's claim last?

    Hi all.* Last August I unwittingly bought a car from a private seller with outstanding finance on it.* In January of this year, the finance company write to me staking claim to the car.* I write to them immediately explaining that I believe I have good title to the vehicle and should be allowed to keep it.* I gave them all the information pertaining to the sale and the seller and expected to hear back from them.* But it is now 4 months later and I haven't heard a word.* So having replied and claimed "good title", do the finance company have an obligation to respond at all or within a timescale or does their claim remain indefinitely?* Or can I write to them again seeing a deadline for them to respond?* There is a matter of maintenance on the vehicle which of course I would like to keep up but obviously don't want to spend money if somebody is going to come and take the car away from me ... thanks in advance
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    *What happens if I buy a car with outstanding finance? | What ...

    www.whatcar.com advice › what-happens-if-i-buy-a-...


    19 Dec 2018 -The best way to*find*out if a*car*has outstanding*finance*is a history check. A number of*companie*offer this service,*and*basic checks can start..

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