My girlfriend is after one of the new Mini Ones, however knowing how picky girlfriends are, it has been particularly hard to find one which has all the requirements, and comes within the right price range.
Ive seen advertised a 55 Plate Mini One at a very reasonable price, and we are going to view it tomorrow, the lady selling it says that shes pregnant, bought the car on finance, and now shes stuck, so she needs to get rid of it really.
Basically the amount left on the finance is the asking price of the car, this isnt an overly cheap amount, its actually quite appropriate for a car of its age and sort.
The finance i presume would be with BMW finance, and the lady states in the advertisement that:
Im presuming that we will just pay the money to BMW finance, and the car can then be signed over to us, or the outstanding debt will be transferred over to us and so will the car?
Can anyone advise me of what to lookout for tomorrow when we go ahead with this, im being very cautious about this, and i want to take every precaution before thinking about taking the plunge.
Any help or advice would be greatly appreciated.
Ive seen advertised a 55 Plate Mini One at a very reasonable price, and we are going to view it tomorrow, the lady selling it says that shes pregnant, bought the car on finance, and now shes stuck, so she needs to get rid of it really.
Basically the amount left on the finance is the asking price of the car, this isnt an overly cheap amount, its actually quite appropriate for a car of its age and sort.
The finance i presume would be with BMW finance, and the lady states in the advertisement that:
It has outstanding finance which can be settled by having a bankers draft drawn up for bmw for the amount owed out of the selling amount. Bmw have drawn up a letter of permission for me to sell the car whilst it still being under hire purchase.
Im presuming that we will just pay the money to BMW finance, and the car can then be signed over to us, or the outstanding debt will be transferred over to us and so will the car?
Can anyone advise me of what to lookout for tomorrow when we go ahead with this, im being very cautious about this, and i want to take every precaution before thinking about taking the plunge.
Any help or advice would be greatly appreciated.