Sorry, another car buying issue...

[Chilli]

When you go to the RTA with the seller to transfer the car over, does the RTA check to see if there is any finance outstanding on the car?

Cheers.



ps - Sure I asked before, but being honest....I didn't look.

[Desert Dog]

Yes they do. On your registration card (AKA Mulkiyah) it actually states who the car is mortgaged to, so you need the letter from the bank before you can do anything with it.

[Chilli]

Great stuff, many thanks mate.

[oilydan]

My mortgage comes off this month!

[dictys]

It becomes a pain however, when the other party can't pay the remaining finance off without your money.

With regard to buying cars I've found it is easier just get a personal loan for the value of the car / cars then pay cash, this way avoiding any finanace issues when you come to sell the car /cars and negioated a nice discount for paying cash.

[oilydan]

That's all very well but the interest rate for a personal loan is higher than that of a loan secured on a vehicle - an 'Auto Loan'. If you are borrowing for a reasonably nice car over a period of more than 2 years you might find that whatever you can knock off for paying cash is offset by the additional interest.

[Chilli]

Na, it'll be cash.
Thought I had the car yesterday.....turned out to be a lemon. Fingers crossed for this weekend.

[oilydan]

What car are you after?

[Chilli]

X5, 4.8.
I need to find out if there was a facelift between 2005 & 2006. Anyone know?!

Cheers.

[thb]

Facelift was in 2004, current X5 was released early 2007. Latest X5 should hit the region after the summer with the xDrive50i heading up the range

[Chilli]

thb said:

Facelift was in 2004, current X5 was released early 2007. Latest X5 should hit the region after the summer with the xDrive50i heading up the range

Excellent, many thanks.

[Mattt]

Talk about changing your mind!!

Friend at work just picked up a nice 2009 Defender - looks great over here, and the interior is a lot nicer than the old Defenders I knew!

[Chilli]

Yeah, I know. But the SRT guy dissappeared, and I haven't seen another one!
Went out for a spin in the X5, and loved it,.......so that's what it has to be!

[Mattt]

How do they do in the desert?

[Hitch78]

Mattt said:

How do they do in the desert?

Badly - but they are awesome on the road!

Edited by Hitch78 on Thursday 11th February 17:39

[Chilli]

Hitch78 said:

Mattt said:

How do they do in the desert?

Badly - but they are awesome on the road!

Edited by Hitch78 on Thursday 11th February 17:39

Yeah, go quite well, don't they!
Not sure I'd want to take it into the Desert......Might do!

[Hitch78]

I'm not sure the racing slicks will cope on the dunes!

[Chilli]

We'll soon find out!