Outstanding finance?
Outstanding finance?
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Discussion

HughG

Original Poster:

3,748 posts

271 months

Friday 22nd June 2012
quotequote all
A car I'm looking at buying used to have a personalised plate, since it's removal a finance agreement has been taken out for a completely different type of car which now has that reg.

Is there any recourse to that finance against the car I'm looking to buy? It would seem completely illogical but otherwise why would the check mention it.

Details from check below.


RAC car data check said:
The current plate was transferred to this vehicle on 22/04/2010.

[old personalised plate] was applied to this vehicle on 18/04/2009
This VRM has been recorded as having an outstanding finance agreement.
An outstanding finance agreement was recorded on 25/10/2011 against a BMW 5 SERIES DIESEL SALOO

[current plate] was applied to this vehicle on 31/12/2007
There are no interests recorded against [current plate].

P-Jay

11,408 posts

221 months

Friday 22nd June 2012
quotequote all
Nah, you're quite safe.