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Previous owner finance
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Is this a made up scenario?0
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You go after the dealer for the £2500.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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You do a HPI on your next car?Censorship Reigns Supreme in Troll City...0
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What communication did you have from Santander prior to the seizure?
What did you do then?
I believe for a dealer to sell a car with outstanding finance is criminal fraud, as it is not his car to sell, he has to show due diligence- he should have hpi'd it.I want to go back to The Olden Days, when every single thing that I can think of was better.....
(except air quality and Medical Science
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No, it is not a scenario, a friend is trying to deal with the situation and asked for help.0
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I am advised there was no prior notice from Santander. The point about the dealer being negligent in selling on is worth investigating. Thank you.What communication did you have from Santander prior to the seizure?
What did you do then?
I believe for a dealer to sell a car with outstanding finance is criminal fraud, as it is not his car to sell, he has to show due diligence- he should have hpi'd it.0 -
Your friend obtained good title to the car when he bought it, as he bought it 'in good faith' from a dealer. It's his car and no longer belongs to the bank.
You can claim against the dealer who sold it with outstanding finance, you can also ask Santander why they repossessed a car they knew had been sold on to an innocent third-party and so was legally no longer theirs.
HPIs are worthless when buying from a dealer, not only is the dealer fully liable but cars often have bank finance on them to enable the dealer to hold stock.0 -
HPIs are worthless when buying from a dealer, not only is the dealer fully liable but cars often have bank finance on them to enable the dealer to hold stock.
Not true. A proper HPI will tell you which finance houses hold a charge on the vehicle so you will be able to differentiate between dealer finance and any other finance on the car.0
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