ChatterBank4 mins ago
Outstanding Finance On Vehicle.......
My parents - in - Law (PIL) have recently purchased a vehicle that 2 months later turns out to have finacnce outstanding on it. The vehicle was purchased from a dealers forecourt - its actually a mechanics garage but often other vehicles are sold from there and have a 'dealer style' for sale board in the window. However it turns out that this vehicle was sold by the garage 'on behalf of a friend' who also owns a mechanics garage!! This is who my PIL paid for the vehicle. I know it should of been HPI'd but unfortunatly wasn't. My PIL bought the vehicle in good faith and as private buyers, they have spent a substantial amount money on it etc ...what recourse do they have? Any help & advice is much appreciated
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For more on marking an answer as the "Best Answer", please visit our FAQ.This happened to my daughter , the car was repossesed by the finance company, she was told to sue the garage that sold it. She tried to sue but the company went bankrupt, she got nothing no car no refund. In you parents case they will have to sort out who actually sold the car (dealer or private seller) and sue them.If they can prove it was a trader who sold it they have more chance of getting a refund than if it was a private sale.
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