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Selling a car on finance

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Comments

  • Woody._2
    Woody._2 Posts: 472 Forumite
    Flyboy152 wrote: »
    What are you on, because it must be some expensive s**t.

    :rotfl:Nice one.:T
  • shaun_from_Africa
    shaun_from_Africa Posts: 12,858 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you could gain good title without settling the finance then why would HPi exist and why would anybody pay the finance if they could simply "sell" it to a mate and get good title.

    Because HPI covers far more than just finance.
    As to "sell" it to a mate, the "mate" wouldn't get ownership if they knew or suspected that there was outstanding finance on the car.
    The consumer credit act is very specific and states on more than one occasion that the buyer must purchase the vehicle in good faith.

    Also the relevant part of the act (section 27) nor trading standards make any mention of it only applying to sales from a business or dealership.
  • afk1973
    afk1973 Posts: 6 Forumite
    :jOk all information has been helpful and i do thank all for the input BUT!!

    Where is the best place to start selling this car???

    Autotrader
    Private

    Have got a setlement figure etc so now the ins and outs i assume HPI check would be done and am happy to settle with the finance company as they are not taking our compliant seriously (ie SEE thread HELP SOS):money:

    Agian thank you to all who have posted ..
  • scheming_gypsy
    scheming_gypsy Posts: 18,410 Forumite
    Autotrader
    eBay
    Pistonheads
    Gumtree
    private
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