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
How long does a Finance Company's claim last?
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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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