Hi guys, elderly relative has found a car they like. Seller has told them he has money owing on it. They want to buy the car. How do they go about it! Thanks.P.S. They are there now so urgent advice would be appreciated.
valleystream,
Dec 2, 10:55am
Don't worry, have searched on the left <----
crzyhrse,
Dec 2, 10:55am
Negotiate the purchase price, get the seller to provide a statement of the cost to clear the registered security, pay the secured party first and have the security cleared and get confirmation of that and pay the balance to the owner.
skin1235,
Dec 2, 11:09am
the seller can call up the finance company, give permission to them to talk to your elderly relative by name, and thus they can hear from the horses mouth re amount required to settle the account with the finance comp. deduct that amount from the agreed amount and pay that to the seller, rock up to the finance comp and pay the rest
do not believe the seller when he says pay me $xxx and I'll fix up the owing "- next month he will be telling the repo man where you live after he has spent the entire amount and never cleared the debt
owene,
Apr 25, 11:54am
DON'T
Since the public registrations are closed, you must have an invite from a current member to be able to register and post in this thread.
Have an account? Login here.