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If you discover that there is outstanding finance owed after buying the car, it will be more difficult to prove you have a legal right to owning the vehicle.
You will have to convince the finance company you are an ‘innocent buyer’ which can be difficult.
If unsuccessful, they can take back the car.
Getting a car check is quick to do online with the CarDotCheck-Vehicle History Check – just provide a Reg Number only.
Check If Car Has FinanceBuying a used car but have no idea where to start?
Check outstanding finance details and check the car history.
This will avoid unwanted problems.Buying a car with outstanding finance can lead to unnecessary finance issues.
The term "outstanding finance check" refers to the amount of money owed to the finance company by the new owner of the car.