hpi

[solo-mon26]

I bought a new pre-registered car 3 years ago from a car supermarket for cash+p/exchange. I'm now selling it and a prospective buyer has done an HPI check, it has shown outstanding finance, it was taken out 2 months before I took ownership of the car and payments have been made regularly over the last 3 years. Not sure where I stand now and is it illegal for a dealer to sell me a car which I'm assuming at this time they have taken HP out on.

[Oneeyedvic]

If you purchased the vehicle from a dealer then you will be classed as an "innocent purchaser" - therefore the vehicle is yours.

You say that the payments have been made regularly over he last 3 yeasr - how do you know that?

It sounds to me like the finance company who have registered an interest in the vehicle have probably put the wrong registration number down.

Phone the finance company up and ask them to take your vehicle off HPI. They may need to see your purchase invoice from the dealer.

If this is not a mistake, then they still need to take it off HPI and deal with the motor dealers.

[solo-mon26]

Thanks for the advice, the guy who was going to buy the car off me contacted the finance company who informed him that payments had been made regularly but would not divulge who by or when it was due to end.

[Oneeyedvic]

oh okay - the finance company shouldn't have said anything - all they are allowed to say is "we have a financial interest in the car".