Help with HPI check

Jakeschofield

Hi I'm looking at a golf 1.6 54 plate for 3400 tommorow and I asked about hpi check he said it was his car and this is from a garage. He said outstanding finance will show but it has been cleared and he has a letter of proof. So with that information I went to rac hpi check and got this

1. Vehicle details 2. Your details 3. Payment 4. Confirm details 5. Check report
Your RAC Car Data Check Report

Your reference number EM14844650
Your check was performed on 29/06/2013 19:31
Report Summary
VRM currently recorded as having outstanding finance
Update your RAC Car Data Check

Use your reference number and VRM to update this check. Alternatively, click on the update link in the email you will receive from us shortly.

Alert Details

Plate Transfer
The current plate was transferred to this vehicle on 14/05/2013
RBJ92 was applied to this vehicle on 01/12/2011
There are no interests recorded against RBJ92
AD54OGR was applied to this vehicle on 02/02/2005
There are no interests recorded against AD54OGR
Click to find out about:

Plate Transfer

Outstanding finance
Recorded againstVRMDescriptionVOLKSWAGENGOLF 16 FSIDate30/11/2011Finance houseMOTONOVO FINANCE - CARDIFFFinance house telephone0844770 4438Agreement reference11874342Agreement typeHire Purchase The lender owns the vehicle until the loan is fully repaid, including the final 'Option to Purchase' fee. If you buy a vehicle with outstanding HP the lender may reclaim the vehicle.
Click to find out about:

Finance
We recommend that you use the details provided to contact the finance company to determine the current status of the finance secured against this VRM
Next steps
We strongly recommend that you check the vehicle description and mileage.
We strongly recommend that you check the accuracy of the information you provided (listed below), and update your check to supply the missing information and make corrections. Remember to do this by 29 July 2013 and before you buy the vehicle.
Vehicle Registration Mark (VRM)AD54OGR
Current mileage To be supplied
In order to qualify for the RAC Car Data Check guarantee, you must supply the VIN (Chassis number) and V5 registration document details before you buy the vehicle. In addition we recommend that you ensure the V5 document is genuine by checking for the presence of the watermark - the initials 'DVL' appear in several places.
VIN (chassis number) To be supplied
V5 Registration Document serial number To be supplied
V5 Registration Document issue date To be supplied
Do all the details match the V5 (registration document) and appearance of the vehicle? If not we recommend you query the discrepancy with the seller or the DVLA. We recommend that you do not buy the vehicle before you have resolved your query. Your RAC Car Data Check guarantee will not be valid if the descriptive data does not match the physical vehicle and or the Vehicle log book (V5). For further information see FAQ.
Make the most of the RAC Car Data Check

Before you make your decision about whether to buy the vehicle you have just checked, please read the guidance notes very carefully. These will clarify the information provided by the RAC Car Data Check.

The information we hold
Any potential issues or queries with the details you have supplied are highlighted with a red *
Vehicle Description
Make
VOLKSWAGEN
Model
GOLF FSI S
Engine size cc *
1598
Engine number
BLP 055277
Fuel
Petrol
Body plan
5 Door Hatchback
Colour
BLACK
Gearbox
6 Speed Manual
Number of colour changes
0
Last colour change date

Year manufactured
2005
Current keeper acquired on
30-Nov-2011
Date of first registration in the UK
02-Feb-2005
Number of keepers before current keeper
2


Vehicle Identity
Do all the details match the V5 (registration document) and appearance of the vehicle? If not we recommend you query the discrepancy with the seller or the DVLA. We recommend that you do not buy the vehicle before you have resolved your query. Your RAC Car Data Check guarantee will not be valid if the descriptive data does not match the physical vehicle and or the Vehicle log book (V5). For further information see FAQ.
VRM not recorded as exported
VRM not recorded as scrapped by DVLA
* Please note the V5/logbook will describe the vehicle details as below
Engine size cc
1600

We recommend that you visually check the vehicle and query any discrepancies with the seller. You may wish to contact the DVLA directly on 0870 240 0010 if you have any unanswered concerns, but please note the DVLA will only change its data based on instructions from the registered keeper.
VIN Match
You have not provided the VIN

VIN Match
You have only provided the VRM to conduct your check. We strongly recommend you update your check with the VIN prior to buying this vehicle.

Vehicle Ownership
There are many circumstances where the 'owner' of a vehicle is not the 'keeper' as recorded on the DVLA V5C document. These circumstances are described in more detail in the notes accompanying each alert register.
Police stolen
VRM not currently recorded by the police as stolen

Insurance theft
VRM not currently recorded by insurers as a theft

Outstanding finance
VRM currently recorded as having outstanding finance

Security watch
VRM not currently recorded as at risk on the security register

Plate transfer
2 previous plate(s) recorded for this vehicle

Click to find out about:

Police stolen
Insurance theft
Outstanding finance
Security watch
Plate transfer

Vehicle Condition
Condition alert
VRM not recorded by insurers as a 'total loss'

Condition inspected
VRM not recorded as a repaired insurance 'total loss'

Click to find out about:

Condition alert
Condition inspected

Vehicle Documents
V5 issue dateYou have not provided the V5 issue date
V5 serial number
You have not provided the V5 serial number

Click to find out about:

Document Check
It has not been possible to determine whether the V5 is one of the stolen documents in circulation. You must check and submit the serial number and issue date prior to purchase for your RAC Car Data Check guarantee to be valid.

Vehicle Mileage
No mileage discrepancy is currently indicated by the national mileage register (NMR).
Click to find out about:

Mileage check
You have not provided the current mileage so it has not been possible to check whether it is consistent with other data currently held on NMR

Vehicle Valuation
This guide valuation is for a vehicle of this make and model with average mileage and condition for its age, bought from a dealer.
Estimated market value
£3,999
Based on a
VOLKSWAGEN GOLF HATCHBACK

Click to find out about:

Valuation
This is to help you determine the market value of the vehicle you want to buy. The valuation, where available, is based on the vehicle being in an average condition for its age, that you are buying the vehicle from a dealer and the mileage supplied by you. If you have not provided a mileage, it is estimated to be the equivalent to 10,000 miles per year. The valuation provided indicates the market value of your chosen model, not the actual vehicle being checked and therefore may vary. If no valuation is provided it is because we do not currently hold this data. HPI Valuations are provided by CAP. For further information see FAQ

Thank you for using our service, you have been charged £15.50 for this enquiry.



I don't understand half of this so can you tell me what's actually wrong with it because it looks like alot

Tigerprint

Outstanding finance
Recorded againstVRMDescriptionVOLKSWAGENGOLF 16 FSIDate30/11/2011Finance houseMOTONOVO FINANCE - CARDIFFFinance house telephone0844770 4438Agreement reference11874342Agreement typeHire Purchase The lender owns the vehicle until the loan is fully repaid, including the final 'Option to Purchase' fee. If you buy a vehicle with outstanding HP the lender may reclaim the vehicle.
Click to find out about:

I would be phoning the number above to see if you can squeeze any information, if you cannot, then ask the owner to speak to them after you have made the call (so you know they are talking to the Finance Company, & then speak to them afterwards so you know that the owner has not hung up)

There should be a letter available from the Finance Co. detailing a settlement figure to the owner & the owner should be able to produce a letter/fax that the Finance Company have no further interest in the vehicle.

Otherwise, all looks pretty normal

Bobster64

Tigerprint wrote: »

I would be phoning the number above to see if you can squeeze any information, if you cannot, then ask the owner to speak to them after you have made the call (so you know they are talking to the Finance Company, & then speak to them afterwards so you know that the owner has not hung up)

There should be a letter available from the Finance Co. detailing a settlement figure to the owner & the owner should be able to produce a letter/fax that the Finance Company have no further interest in the vehicle.

Otherwise, all looks pretty normal

Good advice, never take the sellers word. Call the finance company and ask them to confirm the outstanding fianc! has been settled and ask them to send you confirmation.

It can take a a short while for car checks to be updates with the latest info. I did a car registration check and it showed a car was on finance. I spoke to the people who did the check and they contacted the finance company for me to confirm it had been paid in full.

forgotmyname

Bobster is a spammer do not use that company.