0
Before that, you have to know what is outstanding finance. It does not belong to you. It belongs to the owner of the vehicle. So, buying or selling a car having outstanding finance is unlawful anywhere.
Archie Meghan
Add your answer:
Earn +20 pts
What happen if you file bankruptcy and have not been discharged and buy a car and have it finance?
If you file bankruptcy and you have not been discharged the car that you buy can be used to finance it.
Can you cancel a car finance?
yes you can but ou will still have to pay the outstanding balance so you might as well keep the car and pa for it
What should you have before you buy a car with finance?
A Job
How do you buy a second hand car for sale?
Either you buy it outright, or you finance it.
If a car on finance is stolen and insurance pays out but then the car is recoverd what happens to the car?
It belongs to the insurance company
What happens if you no longer have the car and the finance company trying to repossess?
Someone has the car and the finance company has a lien on it. Any sale would have been fraudulent.
How used car dealer finance their car?
They making some buy and sell stuffs.
What happens to your finance car if caught drink driving?
ewan koh
What happens if car dealer lies to finance company?
who the hell noes that?
How do you know if your credit level is good enough to buy a car?
You can check to see if your credit is good enough to buy a car by filling an application. There are many car dealers and finance companies that will finance your purchase regardless of your credit score so everyone can buy a new car.
What do you do if the finance company has put repossession on your car due to non-payment and you wrecked your car and you had no insurance coverage?
The finance company will sell the wrecked car and you will be liable for the balance on yourloan less whatever the car sells for which in your case will be almost the total of your outstanding loan.Then they will come after you for the money.
Why should you buy a luxury car?
Buying a vehicle is very expensive and it can be challenging. A luxury car is amazing and can be affordable if you buy a used vehicle. The features of a luxury car are outstanding.
