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Old 14-10-2021, 10:52 AM   #7
hayseed
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Join Date: Aug 2018
Posts: 1,892
Default Re: Selling a car under finance.

Quote:
Originally Posted by Big_Daz View Post
. 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.

This bit can be important, Its' a Lot harder now with the Federal Govt run PPSR system though...
Back in the Days of State run REVs check, a Mate of Mine went to Buy a Semi Trailer. Found what he wanted agreed on a Price. His Finance broker ran checks in 3 States & found 3 seperate Finance Companies had an Interest It it.
All without knowing about each other...


Needless to say He Ran away....
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