Query

General discussions on all non technical car related topics

Moderator: The Mod Squad

Query

Postby solitaire » Sun Nov 12, 2006 12:44 pm

Sorry for asking but i have been burnt before...

Does your finance agreement on the car legally allow you to sell it before the finance is paid off?
AE92, KZJ120, KDJ120
User avatar
solitaire
Toyspeed Member
 
Posts: 3371
Joined: Fri Apr 21, 2006 9:06 am
Location: Orewa, Auckland

Postby Mr.Phreak » Sun Nov 12, 2006 12:52 pm

Generally no, unless you have express permission from the company to do so.....
Image
User avatar
Mr.Phreak
Toyspeed Member
 
Posts: 2700
Joined: Wed Jan 26, 2005 6:10 pm
Location: Gisborne

Postby solitaire » Sun Nov 12, 2006 12:57 pm

Thanks Mate... Sorry i dont know how i managed to post this... i was querying the B4 that was posted as up for sale... but thanks for confirming my fears :D
AE92, KZJ120, KDJ120
User avatar
solitaire
Toyspeed Member
 
Posts: 3371
Joined: Fri Apr 21, 2006 9:06 am
Location: Orewa, Auckland

Postby Mr.Phreak » Sun Nov 12, 2006 1:06 pm

It can still be done, but I'd be wanting to talk to the finance company, or see something in writing before handing over a bunch of folding green stuff.
Image
User avatar
Mr.Phreak
Toyspeed Member
 
Posts: 2700
Joined: Wed Jan 26, 2005 6:10 pm
Location: Gisborne

Postby thaphatty » Sun Nov 12, 2006 2:36 pm

your allowed to sell it before its paid off but you have to change the security i think
Adamal wrote:Harro, this your captain speaking. Wercome to fright free nine five to Werrington
User avatar
thaphatty
Toyspeed Member
 
Posts: 1172
Joined: Thu May 22, 2003 7:55 pm
Location: Hamilton

Postby flat_0ut » Sun Nov 12, 2006 3:29 pm

You could if you want the new owner to take responsibility for the loan. :P They might not be too happy
User avatar
flat_0ut
Toyspeed Member
 
Posts: 389
Joined: Thu Apr 27, 2006 9:41 pm
Location: Auckland


Return to General Car Discussion

Who is online

Users browsing this forum: No registered users and 22 guests