The car that i'm looking for a second hand jaguar f-pace. The seller is a dealer. When they send me the deposit letter for the car, I checked the vehicle registration number and it has outstanding finance issue.
I let the dealer know about the situation and they said any outstanding finance has been paid on the Jag and we will warranty that for you.
Is this a normal process? All the article that I've read says don't buy and walk away if there is an issue about outstanding finance but I'm stil not sure about it. If the seller is a dealer, is it a normal process? I'm thinking the situation is likely someone is selling his house (but he is still paying his mortgage)
Can you advise what should I do? Is this a definitely walk away situation or should i ask some other things? I don't know maybe a paperwork that secure me, etc.
I let the dealer know about the situation and they said any outstanding finance has been paid on the Jag and we will warranty that for you.
Is this a normal process? All the article that I've read says don't buy and walk away if there is an issue about outstanding finance but I'm stil not sure about it. If the seller is a dealer, is it a normal process? I'm thinking the situation is likely someone is selling his house (but he is still paying his mortgage)
Can you advise what should I do? Is this a definitely walk away situation or should i ask some other things? I don't know maybe a paperwork that secure me, etc.
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