Buying a car from someone whos selling on behalf of friend

forgotmyname

1st time, Inexperienced buyer cannot afford to lose the money dont risk it.

Now if it had come to you by word of mouth from a friend of a friend then go for it but personally
i think its too much of a risk. It wont be a bargain when the cars taken away and you have no money.

knightstyle

As it is your first car I advise buying from a dealer with a good reputation, ask friends, and get a warranty even if for just a month from them. Worth paying a bit extra for that.

emmell

poppasmurf_bewdley wrote: »

You need to check the car is not subject to any finance, or the car could be repossessed by the rightful owner/

Also, how do you know that the person who owns the car hasn't taken out a 'Log Book Loan' on the car before swanning off abroad.
A neighbour of mine has just had her car taken away by bailiffs (or !!!!! or whatever they call themselves). Even though she bought it over a year ago, paid cash, has a receipt and a clear hpi report, they still took her car because the previous owner (not the seller) had taken out a Log book loan and not paid it back.
*A Log Book Loan does not show up on an hpi report* a serious flaw, in my opinion because the loan company has first charge on the vehicle and there is no law to help the poor unsuspecting purchaser.
My friend is now £3500 out of pocket, no car and if she wants to buy her 'own car' from the loan company she has to pay them £1500 :eek:
ML.