L lopin Registered User Messages 58 19 Mar 2019 #1 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.
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.
E Easeler Registered User Messages 228 19 Mar 2019 #2 Pay finance company first and give the seller the rest
L Leo Moderator Messages 16,246 20 Mar 2019 #3 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.
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.
N newtothis Registered User Messages 537 20 Mar 2019 #4 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.
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.