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Existing vehicle finance

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  • Existing vehicle finance

    Well here we go on vehicle finance.
    Very long story short.
    Bought a car after green flag vehicle check showing all clear on finance, accident, stolen etc.
    Now after applying for log book loan they say it has outstanding finance with Oodle?
    I bought the vehicle in good faith and having a vehicle check believe I have good title.
    Can this vehicle be re-possed or do I have good title?.
    Citizens advice say I do and under the hire purchase purchase act 1964. Section 27. I'm confused.
    Any advice very much appreciated.
    Stay Safe and have as good a Xmas as you all can
    Tags: None

  • #2
    Check the terms and conditions of the check done by Green Flag. You may be able to claim under the insurance. If you are put out of pocket.
    Is there a possibility of getting a different line of credit? Logbook loans are expensive and put the car at risk.

    Comment


    • #3
      I'm only looking to sell it on now.
      have e mailed green flag so see what happens on that.
      thnx for response

      Comment

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