Unit finance help

Author
Discussion

baron bashoneov

Original Poster:

793 posts

233 months

Monday 24th May 2010
quotequote all
I am considering buying a car.

During an HPI check the dealer has unit finance on the vehicle

apparantly Dealers use this type of finance to fill there forecourts.

Before handing over any cash how do I ensure the finance is paid of
as I purchase the vehicle.

P-Jay

10,737 posts

197 months

Tuesday 25th May 2010
quotequote all
It's also know as a stocking facility.

Nothing to worry about, they're like a secured OD facility for dealers to pay for stock and quite common place.

There's no way to ensure it's paid before you buy, as chances are the dealer will use your readies to settle it.