Does this sound okay?

Soldato
Joined
10 May 2004
Posts
3,755
Location
East Yorkshire, UK
Hi all

I saw a car on ebay that didn't sell (due to outstanding finance) and enquired after the auction has finished. He is essentially looking for someone to pay off the outstanding finance with Ford, and take ownership of the vehicle as he is moving abroad with work. The car is very good spec for the price (£10k) and he has been helpful, and with Ford extended warranty.

I found where he bought the car, and checks out with when he said he got it and the amount of miles he has done (around 4 months ago), it was purchased from an armed forces discount specialist on Ford Direct finance.

I have checked the HPI and it lists Ford as the only outstanding finance, I have also phoned Ford as well who agreed the amount he specified and that to claim ownership I would need to pay off and get a signed document and V5 transferred to me, they will also email me to say there is no finance left. Also confirmed the warranty would be with the car.

His ebay history was over 1000 no negatives, and checked out he is going back to another base (a lot of feedback in native language). However a concern is he has no permanent address or telephone number as he is going abroad.

As well as the HPI check, I would get a Vehicle check done at a garage, which he was happy to agree to.

Does this sound 'dodgy' at all, am i missing any steps?

Cheers
 
Last edited:
Well if he is willing to simply hand the car over based on you paying the finance then that's fine i guess?

its the whole thing about how will you know he will give you the car once its paid off and how does he know that if he signs it over to you first that you will infact pay the finance off?

What we agreed was that we would pay the finance there and then on the phone, and sign over V5 at same time.
 
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