Car Purchase with Outstanding Finance

lopin

Registered User
Messages
48
Im buying a car for 10k with 4k owed to finance company. How do I pay for it, if I give seller 10k how do I know if he will pay off finance on car. Advice appreciated.
 
As above, do not give the 4k to the owner, and carry out a finance check yourself to make sure there is nothing else outstanding.
 
I would run a mile from a situation like this. I'd run even faster if there is a big discount involved to entice you.

There are plenty of cars out there with no finance on them and don't have that kind of complication.

I'd only consider doing it if you know and trust the seller.
 
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