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Old 14-10-2021, 10:06 AM   #6
Big_Daz
FF.Com.Au Hardcore
 
Join Date: May 2009
Location: Brisbane (Southside)
Posts: 1,211
Default Re: Selling a car under finance.

Ive bought and sold car's under finance.. Run a PPSR to check who the finance company is (and that only 1 is involved) and then get the seller to provide a payout letter with the figure to ensure its legit.

Both the cars I have sold with finance owing where through St George and we where able to go into a St George branch with the payout letter (with account details) and the buyer paid the cheque to them and we both got a Receipt. I got the rest in cash and we went our own separate ways.

Keep on to the seller as well for them to send the letter from the Finance Company saying its paid out and they hold no further interest in the car (I received within a week and forwarded to the buyer for their peace of mind)
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