Car Finance Check
Don't buy a used car and then find it still has unpaid
finance on it. It is possible to check - a used car check from Car Check can tell you if a car is still subject to finance
agreement. Not only this, but the service can also give you a finance protection insurance
included in the price of the check, which can cover you if you buy the car and it is
subsequently found to be subject to a finance agreement.
 Over 10 million cars
are financed with loans or hire purchase agreements. If you purchase a car with finance
still owing, the finance company can repossess the car, and you can lose your money and
the car.
Incredibly, around 1 in 5 cars checked is revealed as
having some outstanding finance. If the loan has not been repaid in full when you buy a
used car, then the company that financed the loan may reposes the car, and you could lose
both the car and your money. If the loan remains unpaid when you buy a vehicle, you do not
not acquire title to it - in other words become the legal owner. You are also not
protected by the Sale of Goods Act (1979).
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Check
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