sounds like they had you by the short and curlies..
I'm picturing Graham Chapman sat on the phone with a headscarf and a fag in the other hand talking on the phone
OFFICIAL: Come on. Who threw that?
CROWD: She did! It was her! He! He. Him. Him. Him. Him. Him. Him.
OFFICIAL: Was it you?
MRS. A.: Yes.
OFFICIAL: Right!
MRS. A.: Well, you did say 'Jehovah'.
I read a post on a FB Page yesterday that kind of relates to this. Guy goes to see a car for sale, leaves a deposit and arranges to pick it up later that week. When he got home he did a HPI check and all is good, so he goes and collects the car as arranged.
2 months later he gets a letter asking him to settle a £5,800 loan owing on the car. Obviously confused as it was HPI clear, the guy phones said loan company. It turns out that inbetween him getting home and doing the HPI check, and actually collecting the car later that week, the guy selling it took out a logbook loan for £5,800. The guy didn’t have the money to pay and lost the car.
I find that pretty extraordinary.
The finance company would lose in court as long as the guy had a genuine proper sales contract and could prove the deposit was paid on a specific date (so not cash), would need to be bank transfer or similar.
Because the logbook loan company paid out the loan AFTER the contract for sale of the car was struck (that's why the deposit would need to be provable).
Whoever on FB gave the car back needed a better lawyer.
@Shooter1 please update this thread with the outcome in the next few days.
In the meantime I’ll move it to a more appropriate forum.
No idea of the details, but said car is currently up for sale. The guy who had it repossessed posted up the ad with the story of what happened to him. Odds are he paid cash as a deposit, most people still do I would imagine.
Hi All,
A quick update:
I went up yesterday to pick the car up. After all of the advice on here, I was very well prepared, and was willing to walk away if anything looked off or if I got a bad vibe.
Met the lad, who lived at home with his parents who run a boarding kennels.
Looked the car over (not that I know much about cars), took it for a test drive, and all was good.
Came back and checked all of the paperwork (V5, service invoices, MOT details, loan paperwork) and all looked in order.
Phoned the Finance company, confirmed the settlement figure. He paid his amount and then I paid my amount.
He received, and forward to me the email from the Finance company confirming that there was a nil balance.
Drove the 4hrs home without any issue, so hopefully the car is mechanically sound.
Once again, thanks for all advice.
Pic of the car (it will never be this clean again)
I thought it was going to be something rare and exotic, not a 1 series!
Glad it worked out for you
Ha! ha! It is exotic to me. Never thought I’d ever be a BMW owner.