Buying A Car That Has Outstanding Finance!?

[soyboy888]

Hi Guys,

I'm interested in a car, Audi TT, from a private owner who has told me there is outstanding finance.

What's the best way to ensure that I wont be scammed?

I'm not going to part with any money, but it's a bit of a chicken and an egg.

I could pay the finance company, but the owner would still owner the car and then do a runner, and I wouldn't own the car!! and be out of pocket!!

I could buy the car, but the owner could do a runner and not pay the finance company, leaving me with the finance to pay!! and no car!!

Or I could not bother and "walk away" a bit slower than driving but at least I'd still have me money

All 3 parties would have to be envolved and I'm not going to rely on trust

Any info or thoughts would be great?

Thanks in advance.

[acidrainy]

Not exactly a rare car... I would look elsewhere if you want one tbh.

[badass]

Not exactly a rare car... I would look elsewhere if you want one tbh.

Exactily. If anything's a bit dodgy on a car, walk away. I have the court paperwork to prove it

[DR]

I would walk away too...

[TheAnimus]

An Audi TT bought on credit that they can't really afford.

Theres a shoker!

I'd love to know statistics on products people buy that they can't really afford, i don't know why but i think the TT would be up there at the top.

[badass]

An Audi TT bought on credit that they can't really afford.

Theres a shoker!

I'd love to know statistics on products people buy that they can't really afford, i don't know why but i think the TT would be up there at the top.

Its the definative car for the Neveau rich that actually aren't rich and are living on the basis of buy now - pray later

[Butuz]

Run a mile!!!

Butuz

[SHare]

Yeah, there's not even a decision to be made there. Just walk, there will be loads of them on the market soon with the credit crunch hitting

[Guy]

Theres hundreds of TT's out there, walk away.

[Moby-Dick]

dont think it needs saying any more but walking away is a very good idea

[soyboy888]

Ok thanks all

I've walked away there were far too many variables. and not worth the hassle

I can’t thank you individually for your comments as I’ve not done enough posts.

This is a top site though.

[Rave]

Let the finance company reposess the car, find out where they auction it off, then buy it for peanuts.